Kate Berry

HUD's Shaun Donovan: More Banks to Join Settlement
June 19, 2013 Housing Secretary Shaun Donovan and four state attorneys general vowed to hold banks to the terms of the settlement while...

End of Refi Boom Could Trigger Consolidation: U.S. Bank Exec
June 12, 2013 The end of the refinancing boom is likely to prompt to a wave of consolidation among mortgage lenders because there is simply...

B of A’s Refi Pitch a Bubble-Era Flashback
June 10, 2013 Bank of America's recent attempts to get some existing mortgage customers to refinance sounds eerily like a sales pitch from...

Wells to Increase Marketing of Home Rebate Card
June 6, 2013 With the housing market recovering, Wells Fargo plans to ramp up the marketing of a credit card that allows customers to use...

Freddie Mac's Low-Activity Fee Draws Rural Banks' Ire
June 3, 2013 Home Federal Savings & Loan of Nebraska has been selling loans to Freddie Mac for nearly 25 years and wants to continue doing...

Wells, Citi Halt Most Foreclosure Sales Amid OCC Review
May 20, 2013 Wells Fargo and Citigroup have halted the vast majority of their foreclosure sales in multiple states following the release of...

Wells, Citi Halt Most Foreclosure Sales as OCC Ratchets Up Scrutiny
May 17, 2013 Wells Fargo and Citigroup have halted the vast majority of their foreclosure sales in multiple states following the release of...

New York AG Faces Tough Task in Suing Servicers
May 14, 2013 New York Attorney General Eric Schneiderman announced on May 7 plans to sue Bank of America and Wells Fargo for allegedly...

Housing to Collapse in Fannie, Freddie Pullback, Pimco’s Scott Simon Warns
May 14, 2013 Scott Simon, a managing director and head of mortgage-backed securities at Pacific Investment Management Co., is bucking the...

Banks Are the Ones Walking Away from Homes Now
April 24, 2013 Hundreds of thousands of homes are being withheld from the market, raising questions about whether the recent run-up in...