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In an interview, FHFA Director Mel Watt said there needs to be greater clarity to ensure some entities aren't taking improper advantage of Federal Home Loan Bank membership.
February 4
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Dan Sparks helped Goldman Sachs Group Inc. profit from its bets against subprime mortgages. Now he's expanding credit to Americans hurt when those types of loans soured and the housing market collapsed.
February 4 -
Fannie Mae and Freddie Mac's overseer wants to allow debt cuts for a narrow group of borrowers who owe more than their homes are worth.
February 4 -
Standard & Poor's tab is $1.4 billion including $52.5 million for Illinois to resolve long-standing allegations by federal and state authorities that the firm misled investors in the run-up to 2008's financial collapse.
February 4 -
Deval, a loan servicing company in Dallas, has received its Freddie Mac servicer approval.
February 4 -
The outcome of Bruce Berkowitz's tussle with the U.S. government over the profits from Fannie Mae and Freddie Mac may depend on two women: federal claims court Judge Margaret Sweeney and Sen. Elizabeth Warren.
February 4 -
JPMorgan plans to add $940 million to the growing pipeline of residential mortgage-backed securities.
February 4 -
Studying borrowers' credit characteristics and tightening quality control are more important to how mortgages perform than the size of down payments.
February 3
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WinWater Home Mortgage is preparing another plain-vanilla private-label residential mortgage securitization.
February 3 -
During last year's fourth quarter, commercial and multifamily loan originations increased by 11% from the same time a year before, a new report by the Mortgage Bankers Association says.
February 3
