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Moody’s Investors Service has downgraded the ratings of 11 tranches and upgraded the ratings of six tranches from six 2004 jumbo residential mortgage-backed securities deals issued by Wells Fargo.
December 27 -
When conducting a broker price opinion, one of the most important aspects to determine the proper value for an asset is being familiar with that local community.
December 26 -
Teaching struggling borrowers how to manage their finances creates value at numerous levels not only for the parties directly involved such as servicers.
December 26
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Hedge funds and private-equity firms are betting on delinquent home loans being sold by the Federal Housing Administration.
December 26 -
Some cities, like Santa Ana, are refusing to hand over to the state money from the remaining affordable housing funds of their defunct redevelopment agencies.
December 26 -
Up to 55% of the economists, real estate experts, investors and market strategists participating in a survey find 2013 home prices would not be negatively affected by potential mortgage interest deduction reductions.
December 26 -
Rep. Barney Frank, the retiring lead Democrat on the House Financial Services Committee, has always been known for speaking his mind.
December 26 -
Third Federal Savings & Loan Association of Cleveland said regulators terminated its memorandum of understanding.
December 26 -
Hurricane Sandy’s impact on the private-label residential mortgage-backed securities market won’t be systematic and estimates for it are shrinking under closer examination.
December 24 -
House Republicans are seeking all HUD documents and communications regarding the fiscal year 2012 Federal Housing Administration actuarial report.
December 24 -
Financial institutions and their regulators have battled for years with the accounting standards entity over the proper way to move away from the pre-crisis requirement that banks set aside reserves only when a loss had already been incurred on a loan.
December 24 -
Prices in England and Wales slipped 0.1%, the same as November.
December 24 -
Florida investor properties are over three times as risky for employment/income fraud as compared to owner occupied properties.
December 24
Interthinx -
One feature that makes the Reading CoRe program unique is a real estate transfer tax incentive for participating borrowers.
December 21 -
Donna DeMaio will have the same policies that led United Guaranty to become No. 1 in new insurance written.
December 21 -
The Consumer Financial Protection Bureau, as a matter of routine practice, already has enforcement attorneys present at routine audits.
December 21
Offit | Kurman -
The Dow Jones Townsend Core U.S. Real Estate Investment Trust Index has been introduced by S&P Dow Jones Indices and The Townsend Group.
December 20 -
Fannie Mae and Freddie Mac rely on Libor to determine interest payments on their investments in floating-rate financial instruments such as bonds and swaps.
December 20 -
While Genworth MI Canada Inc. is separately traded on the Toronto Stock Exchange, Genworth Financial still owns a majority stake in the company.
December 20 -
MBIA is refusing to provide information requested by the Securities and Exchange Commission including on reserves for GMAC Mortgage and Residential Capital bankruptcies.
December 19













