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Sen. Elizabeth Warren is withdrawing her support for a Republican bill that had been on the fast track to bar the Treasury Department from selling Fannie Mae and Freddie Mac preferred shares, according to a person familiar with the matter.
September 14 -
Mission Capital Advisors in New York has merged its mortgage services business with Global Financial Review Inc. in Englewood, Colo.
September 14 -
In the wake of an unprecedented U.S. housing bust that evolved into a global financial crisis, the business of bundling home loans that aren't backed by the American government into bonds that can be sold to investors has all but disappeared.
September 11 -
The Justice Department's announcement that it would target individual executives at banks and other companies that are being investigated for wrongdoing has sparked a debate about whether the move is actually substantive or instead just designed to boost the agency's public image.
September 10 -
The rising costs to service mortgages reflects a market where there are not only downsides to being too small, but hurdles to being too large raising the question of whether there's a middle ground where servicers are not too big, not too small, but just right.
September 10 -
Royal Bank of Scotland said it will return to selling interest-only mortgages after scrapping the riskier loans in the wake of the financial crisis.
September 10 -
Moody's Investors Service just flagged a risk in bonds backed by single-family rentals: there aren't enough special servicers.
September 10 -
Fraud risk has diminished as a result of widespread changes that lenders have made to their origination practices, according to Fitch Ratings.
September 1 -
M&T Bank has agreed to pay $485,000 and change its lending policies to settle a lawsuit that accused the Buffalo, N.Y., company of racial discrimination in making mortgage loans.
September 1 -
A new battle is brewing between Fannie Mae and Freddie Mac as the government-sponsored enterprises set out to boost their purchases of low down payment loans.
August 31 -
Bank of America has settled a national class-action lawsuit brought by former employees who claimed they weren't paid for overtime work.
August 28 -
Residential mortgage servicers are once again tapping the securitization market to fund advances to bondholders for the first time since April 2014.
August 28 -
Credit Suisse is taking advantage of the relative calm in credit markets Thursday to launch its second residential mortgage securitization of the year.
August 27 -
In the world of property valuations, there's no such thing as the "perfect" comparable sale. From design and architecture styles to energy efficiency, here's a look at 10 home features most frequently adjusted in appraisals.
August 26 -
CMBS primary issuance won't pick up again until September, according to Barclays.
August 25 -
Freddie Mac announced last week that it will guarantee its second series of SB Certificates, which are backed by multifamily small-balance loans underwritten by Freddie Mac and issued by a third-party trust.
August 25 -
BlackRock Inc. is the latest company planning to finance investors who buy single-family homes, capitalizing on soaring rental demand as the homeownership rate sits at a five-decade low.
August 24 -
Treasuries are proving to be investors' main destination in a global scramble for safety, pushing 10-year yields below 2% for the first time in four months.
August 24 -
Fannie Mae has closed a credit risk-sharing transaction, with an international reinsurance company participating in this type of deal for the first time.
August 18 -
Fannie Mae and Freddie Mac's decisions to make their automated underwriting systems free to use will feed more data to the GSEs, but do little to better serve lenders and borrowers.
August 18
Elliott Bay Associates








