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NCUA banned a former real estate appraiser used by Deere Harvester CU for filing false appraisals to allow members to refinance their home loans with the Davenport, Iowa, credit union.
August 1 -
The total balance of first-mortgage loans 90 days past due or in foreclosure was $325 billion in June.
August 1 -
Ocwen is close to reaching a settlement with federal regulators and it appears the giant servicer will agree to make cash payments to borrowers who were harmed during the foreclosure process.
August 1 -
The USDA is warning originators not to close loans with higher loan amounts or interest rates than noted on the conditional commitment.
August 1 -
Legislation to reform the Federal Housing Administration sailed through the Senate on Wednesday, but the bill's future remains up in the air as Congress prepares to break for the August recess on Friday.
August 1
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The Federal Reserve said persistently low inflation could hamper the economic expansion and pledged to keep buying $85 billion in bonds every month.
July 31 -
National Mortgage Insurance Corp. has agreed to insure about $5 billion in residential mortgages in its first risk transfer transaction with Fannie Mae.
July 31 -
A comparative TransUnion study revealed that consumers credit card payment habits and lending risk mirror attitudes towards mortgages and auto loans.
July 31
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Ally Financial said its second-quarter loss widened on costs from a mortgage settlement and higher provisions for soured car loans.
July 31
