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Mortgage lenders are unlikely to loosen credit or expand their servicing and origination capacities until Washington policymakers make key decisions about the future of the nation’s housing finance system.
May 15 -
Citing the $2 billion loss at JPMorgan Chase, Massachusetts Senate candidate Elizabeth Warren is calling for the enactment of a new version of the Glass-Steagall Act.
May 15 -
Dissatisfaction is growing in Congress with the Obama administration’s decision to leave mortgage investors out of talks that led to a $25 billion settlement.
May 15 -
Dissatisfaction is growing in Congress with the Obama administration’s decision to leave mortgage investors out of talks that led to a $25 billion settlement.
May 15 -
The Fourth Circuit Court of Appeals sided with the Consumer Financial Protection Bureau’s reasoning in an amicus brief and broke ranks with other courts in ruling on a borrower’s right to rescind and void a mortgage contract.
May 14 -
The Federal Housing Administration will begin collecting full, electronic appraisal reports for the mortgages that it insures.
May 14 -
The FHFA has created a financial incentive for executives at Fannie Mae and Freddie Mac to ensure that deadlines for the Uniform Mortgage Data Program are met.
May 14 -
New findings show persisting foreclosure problems in the nation’s 100 largest metro areas are deteriorating for the first time in over six quarters.
May 14 -
White House Press Secretary Jay Carney said Monday that JPMorgan Chase's $2 billion loss reinforces why the Dodd-Frank Act was necessary.
May 14 -
Today's mortgage bankers have to accept very, very long audits as a marketplace reality. Whether they find auditors likeable and useful, on the other hand, is highly disputable.
May 14







