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It appears that the privately held New Penn is positioning itself to be a major player in the jumbo market
November 9 -
BankFinancial said it had tried "accelerated dispositions" with some of repossessed assets, selling $2.4 million of other real estate owned and accepted offers for another $4.3 million.
November 9 -
One Fannie Mae vendor that works on buyback cases had its workload reduced to 1,500 files per month from 9,000 at one point.
November 9 -
If you know the answer to four questions, you will have a better handle on quality control.
November 8
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The agreement in principle with the Securities and Exchange Commission covers two investigations related to mortgage-backed bonds handled by JPMorgan and Bear Stearns.
November 8 -
Is it time to reconsider the death sentence for Fannie Mae and Freddie Mac?
November 8
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The government-sponsored enterprises recently issued guidelines that expand the number of potential borrowers who can qualify for a short sale.
November 8 -
Gleacher first acquired ClearPoint in January 2011, hoping the company would give it a competitive edge in the MBS business.
November 8 -
Real estate investment trusts that buy mortgage debt tumbled the most in a year Wednesday on the expectation that more homeowners would be able to prepay mortgages.
November 8 -
The quality of Fannie Mae's new business is the best it's been in years, but part of the reason its fortunes have improved is the shrinking nature of its loan loss reserves.
November 7






