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The Department of Housing and Urban Development and The Rockefeller Foundation have launched a multistage regional design competition that aims to promote housing construction innovation in Hurricane Sandy-affected areas.
June 20 -
The American Securitization Forum protested a North Las Vegas vote to move forward with an advisory agreement to further evaluate the use of eminent domain to seize underwater mortgages.
June 20 -
Consumer Financial Protection Bureau director Richard Cordray defended the agency's new mortgage rules, data-gathering activities and single-director leadership structure.
June 20
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The GSE regulator should direct Fannie Mae and Freddie Mac to use the same credit underwriting standards in their automated underwriting systems, according to the Mortgage Bankers Association.
June 20 -
As of June, 167,680 homeowners decided to leave their home that lenders have foreclosed upon.
June 20 -
Yields on Fannie Mae and Freddie Mac mortgage bonds that guide U.S. home loan rates rose to the highest in more than 14 months as the Federal Reserve said risks to the economy have decreased.
June 19 -
Amid speculation over who will succeed Ben Bernanke as Federal Reserve chairman, there are no signs that President Barack Obama has begun a formal search.
June 19 -
Wells Fargo & Co. marketed a risky securities-lending program as safe and ended up causing millions of dollars in losses for institutional investors, a lawyer said as the trial of a lawsuit against the bank began.
June 19
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News that Wells Fargo and Bank of America failed to comply with the mortgage loan modification timeline processing requirements of the mortgage servicing standards mandated by the national mortgage settlement are bittersweet for New York Attorney General Eric Schneiderman.
June 19 -
Felony charges were filed against Robert Williams, an investor who pleaded guilty for his role in conspiracies to rig bids and commit mail fraud at foreclosure auctions.
June 19
