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Two $1 billion losses affecting private-label residential mortgage-backed securities that were taken due to a change in reporting methodologies as loans with principal forbearance changed hands may be the worst of these types of losses.
July 5 -
The long-term rate-indicative 10-year Treasury bond leapt close to 20 basis points Friday morning following the release of Fridays payroll report.
July 5 -
A former bank executive faces two years in prison and a $2.4 million restitution payment after pleading guilty to one count of misapplication of bank funds.
July 5 -
Is the mortgage market robust enough to say no thanks to the Feds easing, which has kept rates at record lows for years.
July 5
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Bank of America Corp. must face lawsuit claims brought by a Texas county over government fees it avoided by using Merscorp Inc. to track property transactions.
July 5 -
Mortgage disclosures and supervision of nonbank entities will be top concerns for the Consumer Financial Protection Bureau as it enters its third official year of operation.
July 5 -
We're hearing some good news for Fannie Mae and Freddie Mac in regard to the payment of state and local transfer taxes on the sale of real estate.
July 3
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A resident of North Las Vegas has filed a legal complaint seeking to block that citys move to use eminent domain as a means of resolving distressed mortgage woes.
July 3 -
Treasury 10-year yields have dropped about 20 basis points since rising to 2.66% on June 24, the highest level since August 2011.
July 3 -
Keep reading and rereading anything to do with the Consumer Financial Protection Bureau.
July 3
