Kate Berry

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...

CFPB Clarifies Exemptions to Mortgage Rules
April 16, 2013 The Consumer Financial Protection Bureau has proposed slight tweaks to help clarify mortgage rules first issued in January.

What’s Old Is New Again: Lenders Urged to Do MH
April 12, 2013 Doug Ryan is on a mission to persuade banks and regulators to create more financing options for manufactured homes—but he...

Three Top Banks Flunk Fannie's Mortgage Servicer Tests
April 10, 2013 Bank of America, Citigroup and JPMorgan Chase all flunked Fannie Mae's test of mortgage servicers, failing to meet even the...

Expect Slimmer Profits: FBR's Paul Miller
April 8, 2013 Mortgage lending activity was weaker than expected in the first quarter and the result is likely to be slimmer profit margins...

Piggyback HELOCs May Be Staging a Post-Crisis Comeback
April 3, 2013 Piggyback mortgages all but disappeared following the housing bust but they appear to be staging a comeback as lenders...