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The Senate Banking Committee is scheduled to vote on its bill to overhaul the mortgage finance market on April 29, but questions are now being raised about whether that date will slip, as supporters struggle to secure additional votes.
April 14 -
Colony American Homes has completed a securitization transaction backed by income generated from almost 3,400 single-family rental homes.
April 11 -
Jose Gonzalez, the first Hispanic president of a Federal Home Loan Bank, envisions eventually allowing new categories of lenders like REITs to join the system, but wants membership to stay as it is for now.
April 10
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Freddie Mac will soon add another automated review on the appraisal reports it receives through the Uniform Collateral Data Portal.
April 9 -
Bank of America Corp.'s Countrywide unit and insurer Allstate Corp. settled a 2010 lawsuit over $700 million in devalued mortgage-backed securities.
April 9 -
Disclosing loan-level data is crucial to rebuilding investor confidence in mortgage-backed securities. It also introduces the risk of compromising borrowers' personal information.
April 8 -
Genworth Financial projected net profit will climb 29% this year at the Australian mortgage insurer thats slated for an initial public offering.
April 8 -
Radian Group said Chief Executive Officer S.A. Ibrahims incentive compensation more than doubled last year as the mortgage insurers stock surged.
April 8 -
Efforts to overhaul the housing-finance system could hinge on how far Congress is willing to go to ensure that young, low-income and minority homebuyers can get mortgages.
April 8 -
Citigroup Inc. agreed to pay $1.13 billion to settle claims from mortgage-bond investors as it seeks to curb liabilities tied to the financial crisis.
April 8




