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The Federal Housing Administration should look to private mortgage insurance companies as a model for how to standardize the claim review process.
August 22
ACES Risk Management Corp. -
The president and founder of a now-defunct Massachusetts-based mortgage company was charged with defrauding Ginnie Mae to the tune of $3 million.
August 19 -
The U.K. government will redeem 3 billion pounds ($3.9 billion) of bonds backed by mortgages from rescued lender Bradford & Bingley, paving the way for a potential sale of the loans.
August 19 -
Mortgage industry hiring and new job appointments for the week ending Aug. 19.
August 19 -
The share of homeowners who owe more than their house is worth remains above 10% nationwide, according to data from Zillow's second quarter Negative Equity Report.
August 18 -
Macy's decision to shutter another 100 of its department stores could impair some $3.64 billion of securitized commercial mortgages, according to Morningstar Credit Ratings.
August 17 -
A federal appeals court said an older version of a Nevada law that stripped lenders of their first deed of trust when a homeowners' association forecloses on a property is unconstitutional.
August 17 -
Ditech Financial will lay off nearly 80 employees in Georgia as it closes an office in the Atlanta metropolitan area.
August 17 -
A former Deutsche Bank trader agreed to settle a U.S. regulator's allegations that he mis-marked loans tied to commercial-mortgage-backed securities to boost his profits.
August 17 -
LM Funding swung to a net loss from last year amidst ballooning expenses and lower interest income from delinquent association fees.
August 16


