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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
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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
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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
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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
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TriLyn has formed an investment management platform focused on opportunities in high-yield commercial real estate debt.
May 14 -
A group of Wall Street banks and ratings agencies told a federal court in Miami that “greed” and the need to grow earnings was responsible for the 2009 demise of Eastern Financial Florida CU, the one-time $2.4 billion credit union, not alleged fraud on their part in the sale of $100 million of risky financial derivatives known as collateralized debt obligations.
May 14 -
Assured Guaranty Ltd. posted a small profit for the first quarter of 2012 and last week announced a deal with Deutsche Bank over soured mortgage backed securities.
May 14 -
Congress is not likely to pass recently proposed legislation that would reform the Home Affordable Refinance Program and promote competition among mortgage servicers, according to analysts at the Royal Bank of Scotland.
May 14 -
President Obama traveled to a couple's home in Reno, Nev., on Friday in his effort to pressure Congress into passing legislation that would allow more Americans to refinance their mortgages.
May 14 -
President Obama traveled to a couple's home in Reno, Nevada, on Friday in his effort to pressure Congress into passing legislation that would allow more Americans to refinance their mortgages.
May 14
