Kate Berry has covered the Consumer Financial Protection Bureau for American Banker since 2016. She joined the publication in 2006 covering mortgage lending and the financial crisis. Berry also has covered big banks including Bank of America, J.P. Morgan Chase and Wells Fargo. She has won five awards from the Society of American Business Writers and Editors, and has worked at several news organizations including the Orange County Register, the Los Angeles Business Journal and the Associated Press. Berry began her career as a clerk at the New York Times.
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Piggyback mortgages all but disappeared following the housing bust but they appear to be staging a comeback as lenders continue to gain confidence in the housing recovery.
April 3 -
Rep. Keith Ellison said the savings from his proposal would fund the National Housing Trust Fund, Section 8 rental assistance and low-income housing tax credits.
March 19 -
When does a warehouse loan become a loan, and who owns it?
March 13 -
Banks are moving both residential and commercial loans off their balance sheets at a faster pace and at higher prices than at any time since the beginning of the financial crisis.
March 1 -
Civil rights groups want the disclosure of data so they can see how banks are allocating the relief required by the national mortgage settlement signed in March 2012.
February 28 -
Community bankers are growing increasingly concerned that the Consumer Financial Protection Bureau will eliminate one of their bread-and-butter products: balloon loans.
February 26 -
The top five mortgage lenders say they have offered $45.8 billion in consumer relief to distressed borrowers under the national mortgage settlement.
February 22 -
Banks will unload big volumes of distressed loans this year, the head of PennyMac predicts.
February 15 -
Multifamily lending has been the darling of banks and investors for the past few years due partly to easy financing from Fannie Mae and Freddie Mac and the housing bust that has forced more families to rent rather than own.
February 11 -
The provision tucked into the qualified mortgage rules released in January would impose a 3% cap on points and fees that bank affiliates can charge consumers for home inspections, closing costs and a range of other mortgage-related services.
February 5 -
Now that Quicken Loans has licensed its loan origination platform to JPMorgan Chase, the online lender is looking to grow profits by selling its mortgage technology to more banks.
February 1 -
Richard Cordray's recess appointment to the Consumer Financial Protection Bureau may ultimately be invalidated, but legal experts say several recent mortgage regulations approved on his watch may still be upheld.
January 29 -
The No. 2 home lender will market the government's Home Affordable Refinancing Program to hundreds of thousands of customers acquired from MetLife. To speed closings, it's licensing Quicken Loans' technology.
January 23 -
JPMorgan Chase plans to eke out every last profit from the government's Home Affordable Refinance Program for underwater borrowers.
January 23 -
Even before the Consumer Financial Protection Bureau comes out with rules this week to address servicing failures, the National Consumer Law Centerat is crying foul.
January 16 -
The Federal Housing Administration is certain to be the target of major reform efforts by Congress.
December 21 -
Former IndyMac Bank chief executive Michael Perry has settled claims with the Federal Deposit Insurance Corp.
December 17 -
Joseph A. Smith, the former North Carolina banking commissioner who now heads the Office of Mortgage Settlement Oversight, has been touring the West Coast to gauge the servicers' progress by speaking with the folks "on the ground."
December 10 -
Lots of financial institutions use social media as a marketing and customer service tool, but few have figured out how to actually make money from it.
November 30 -
A group of community activists called on the Office of the Comptroller of the Currency Tuesday to give Wells Fargo a failing grade on its upcoming Community Reinvestment Act examination, citing its lending practices in minority communities and a "usurious" payday-like loan product.
November 23
