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Felony charges were filed against Gilbert Chung who pleaded guilty for conspiring to rig bids and commit mail fraud at public real estate foreclosure auctions.
February 5
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Nationstar Mortgage Holdings has priced $400 million of debt at an interest rate of 6.5%.
February 5 -
Lenders will have to wait for the courts to resolve the validity of Richard Cordray’s recess appointment to be the first Consumer Financial Protection Bureau director.
February 5 -
If and when they are done right, downpayment assistance programs work, according to Wells Fargo.
February 5 -
Ally Financial said its mortgage operations provided pretax income of $100 million in the fourth quarter.
February 5 -
Freddie Mac has further expanded the number of its Borrower Help Centers by opening three new branches in Atlanta, Las Vegas and Los Angeles.
February 5 -
Despite the typically slow winter months, the housing market continued to see progress in home values through January.
February 5 -
Approximately 8% of the outstanding balance of commercial and multifamily mortgages held by nonbank lenders and investors will mature in 2013.
February 4 -
CitiMortgage has responded to recent allegations that it and other large banks engaged in deceptive practices when force-placing insurance policies on borrowers, saying it follows federal rules and guidance in this area.
February 4 -
We're hearing changing rules will likely stifle innovation in mortgage technology development in the near term.
February 4
