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The Consumer Financial Protection Bureau's reach beyond RESPA's statute of limitations and subjective lens on marketing agreements taps into industry fears of retroactive punishment.
July 2
Offit | Kurman -
U.S. regulators have told Royal Bank of Scotland Group it could pay as much as $13 billion if it loses a lawsuit over its handling of mortgage securities.
July 2 -
The Leadership Conference on Civil and Human Rights wants to recapitalize Fannie Mae and Freddie Mac to provide a secure source of funding for affordable housing.
July 2
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The chief executive officers of Fannie Mae and Freddie Mac may see more than a sixfold increase in their compensation to $4 million in spite of objections from President Obama's administration and some lawmakers.
July 1 -
The narrowing gap between what large and small lenders pay in guarantee fees to Fannie Mae and Freddie Mac has helped the industry's smallest originators grow their share of mortgages sold to the government-sponsored enterprises.
July 1
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New York City's affordable housing stock will get a boost from Bank of America Corp. and Citigroup Inc. as part of settlements resolving mortgage-bond practices that led to the 2008 financial crisis.
July 1 -
As negotiations between Greece and its official creditors drag on, more and more Greek homeowners are falling behind on their payments as well, according to Fitch Ratings.
June 30 -
The Federal Housing Administration's new loan defect "taxonomy" may give lenders better clarity on the quality assurance reviews of FHA loans, but it is not a shield from possible enforcement action by the Department of Justice and other regulators.
June 30
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Citigroup failed one of the monitoring tests performed as part of the national mortgage settlement, according to new reports filed by NMS monitor Joseph A. Smith Jr.
June 30 -
A California man has been indicted by a federal grand jury for allegedly trying to rig public foreclosure auctions in Northern California between 2008 and 2011.
June 29
