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Kate Berry

Recent Stories From this Author

Five Headaches Facing Lenders as Mortgage Disclosure Deadline Nears
June 1, 2015 Mortgage lenders are in the final stretch of preparing to deliver the new TILA-RESPA Integrated Disclosures to borrowers. But...

Appraiser Shortage Could Gum Up the Works at Mortgage Lenders
May 20, 2015 With older appraisers retiring and fewer and fewer college graduates entering the profession, industry observers say that, in...

FHFA Provides More Specifics of the GSEs' New Single Security
May 15, 2015 The Federal Housing Finance Agency provided more details Friday about key features for the new single security that will be...

B of A Backs Zero-Down Loan Program to Help Rebuild Detroit
May 13, 2015 With support from Bank of America, a nonprofit lender is trying to revitalize Detroit by offering no-down-payment mortgages at...

Why Wells Fargo Says Its Portfolio Lending Is So Safe
May 11, 2015 A lot of bankers want on-balance-sheet mortgages declared ultrasafe under federal rules, and Wells Fargo executive Brad...

Ocwen Fails Loan Mod Compliance Test in Mortgage Settlement
May 7, 2015 Ocwen Financial failed a test to determine whether it had notified borrowers of missing or incomplete documents for loan...

Banks Stir Controversy in Push to Exempt Portfolio Loans from QM
May 1, 2015 Banks want all loans held in portfolio to be classified as ultrasafe regardless of the underwriting characteristics or of a...

Ocwen Shares Rise 19% as It Allays Some Investor Concerns
May 1, 2015 Ocwen Financial's shares jumped 19% to more than $10 a share as of late morning Friday, the day after it reported a...

Ocwen Auditor May Issue 'Going Concern' Warning: CEO
April 30, 2015 The troubled Atlanta mortgage servicer's independent auditor has again delayed its 2014 financial results and has raised...

Refis Surge, But Bankers More Buoyant About Home Purchases
April 27, 2015 With low rates tempting more home owners to refinance and relaxed down payment requirements spurring more home sales, bankers...

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