IndyMac Bank FSB, Pasadena, Calif., has announced a partnership with NeighborWorks America to sponsor the NeighborWorks Center for Foreclosure Solutions as part of an effort to implement a coordinated, nationwide foreclosure intervention strategy.The Center for Foreclosure Solutions focuses on outreach to homeowners in financial distress, with special attention to low- and moderate-income borrowers, by directing them to call 1-888-995-HOPE, a toll-free number where financial counselors are available around the clock. The program also includes online and face-to-face credit counseling. IndyMac can be found online at http://www.indymacbank.com, and NeighborWorks can be found at http://nw.org.
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Mortgage payments rose 10% year-over-year to an all-time high for March, Redfin said.
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In an interview, Candor Technology's Sara Knochel recounts how she applies her childhood interest in languages and numbers to crucial home lending issues.
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Harmonizing standards for liquidity coverage ratios and discount window pledges could prevent the type of strains that led to last year's bank failures, according to a new paper whose authors include former Federal Reserve Govs. Dan Tarullo and Jeremy Stein.
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The report seeks to help banks "disrupt rapidly evolving AI-driven fraud," according to Treasury's Nellie Liang. The report found banks have difficulties accounting for AI risks.
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The lender accused its former leader of compromising its Fannie Mae seller/servicer number to prevent it from delivering loans.
March 27 -
Equity is entitled to a little over $70,000 worth of damages.
March 27