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Ocwen Financial Corp. will no longer require distressed borrowers involved in litigation with the mortgage servicer to sign nondisparagement agreements as a condition for receiving a loan modification, New York's banking regulator said Wednesday.
June 4
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Economists and housing experts maintain that the housing crisis is long over, but many Americans beg to differ.
June 4 -
While lenders do not survey applicants on sexual orientation for their Home Mortgage Disclosure Act reports, a look at the data on same-sex couple applicants is intriguing.
June 4
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An appeals court on Wednesday voided a controversial decision in 2011 by New York Judge Jed S. Rakoff, saying he erred in scuttling a $325 million settlement between the Securities and Exchange Commission and Citigroup.
June 4 -
Fairholme Capital Management sold $51 million in the common shares of mortgage financiers Fannie Mae and Freddie Mac to activist investor Carl Icahn, according to a court filing.
June 4 -
The Senate Banking Committee approved legislation Tuesday to extend the Terrorism Risk Insurance Act, a program due to expire at yearend. It also considered making a legislative fix to the Dodd-Frank Act. Heres what happens next.
June 4
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Debt on Willis Tower, formerly the tallest U.S. building, was put in special servicing after the borrower requested a loan modification, Fitch Ratings said.
June 3 -
McGraw Hill Financial Inc.'s Standard & Poor's unit must go to state court to face claims by 18 states and the District of Columbia alleging inflated ratings of securities in the run-up to the 2008 financial crisis.
June 3 -
National home price appreciation slowed for the fifth straight month in May, continuing a trend that's expected to continue into the summer selling season.
June 3 -
The Senate Banking Committee approved a bill Tuesday to reauthorize the Terrorism Risk Insurance Act for seven years.
June 3
