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Kate Berry

Recent Stories From this Author

Banks Seek Exit from Robo-Signing Enforcement Order
September 18, 2014 At least two mortgage servicers say they are close to being released from an OCC enforcement order that required 14 of the...

Watchdog Releases Scathing Report on Fannie, Freddie Putback Plan
September 16, 2014 Banks and mortgage lenders may have received too much relief from loan buybacks, putting taxpayers at greater risk for losses,...

Vendor Oversight Helps Boost Lenders' Bottom Lines
September 16, 2014 The Consumer Financial Protection Bureau and Fannie Mae may actually be helping banks and mortgage lenders boost their bottom...

Quality Control, Once Seen as Costly, Now Saves Lenders Money
September 10, 2014 New regulatory and investor compliance requirements have put a renewed emphasis on quality control measures. But lenders are...

FHA Wants Fewer Defects, More Low-Credit-Score Loans
September 9, 2014 The Federal Housing Administration wants lenders to make fewer mistakes when writing mortgages for the government insurance...

Unlikely Bedfellows Create 15-Year Loan for Low-Income Borrowers
September 7, 2014 A conservative housing critic and liberal consumer advocate have created a 15-year home loan for low-income borrowers to build...

Mortgage-Heavy Banks Fight for Higher Stock Valuations
September 2, 2014 Banks with large mortgage operations are struggling with lower profit margins, detrimental fair-value accounting rules and new...

Moody's Downgrades Ocwen Servicer Rating, Citing Regulatory Risks
August 29, 2014 Moody's Investors Service downgraded two servicer ratings for Ocwen Loan Servicing, reflecting additional scrutiny by...

Tozer Says Watchdog's Criticisms of Ginnie Are Actually Positives
August 27, 2014 Ginnie Mae President Ted Tozer took issue with a government watchdog report that criticized both his agency and the...

Bank of America's Next Big Countrywide Problem
August 27, 2014 The Charlotte, N.C., bank has lost more than $60 billion on its acquisition of Countrywide, including the cost of last week's...

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