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Morgan Stanley received credit for $30 million of consumer relief, completing 85% of the obligations required by its February 2016 settlement with New York State.
July 3 -
Test your knowledge of these key terms from the servicing sector of the mortgage industry.
June 30 -
Wells Fargo & Co. surprised investors this week by withholding more than $90 million due to buyers of pre-crisis residential mortgage-backed securities.
June 30 -
From the largest banks to the smallest independents, policymakers want to hear the mortgage industry speak with one voice in the critical efforts to reform the government-sponsored enterprises.
June 29Cunningham & Co. -
Angel Oak was able to secure triple-A credit ratings for its next offering of nonprime residential mortgage bonds, despite offering considerably less credit enhancement.
June 28 -
Executives at four former credit repair companies agree to pay $2 million for charging consumers millions in illegal advance fees.
June 27 -
Mexico's decision to reduce imports of soybean meal, corn and chicken has put more pressure on certain farmers, while creating another situation for lenders to monitor.
June 27 -
The NCUA is letting federal credit unions securitize and sell assets. Such transactions would free up capital at credit unions, allowing them to make more loans.
June 26 -
Corporate One FCU has teamed up with San Francisco-based Roostify to provide CUs and CUSOs with a streamlined digital mortgage platform.
June 26 -
The company will also gain its first branches in New Mexico after it buys Peoples Inc.
June 26