Tag:
Mortgage Lenders
Latest Headlines
Latest Headlines
Mortgage market prognosis: Little change
For all the angst in the mortgage market since the financial crisis tanked the economy, we have yet to really find any consensus about an all new market structure. The problems of the past were
Nevada takes aim at Bank of America--again
Many were hoping that Bank of America--and other mortgage lenders--would have inked a settlement with the state AGs by now, but that hasn't happened. And it looks like the delays will continue, which
MERS changes to survive
We noted recently that it looks like MERS will survive. But it will certainly not be the same firm that caused some much controversy over the last few years. The firm, of course, was designed to
Settlement chaos could hit bank mortgages practices
U.S. banks face a deadline of July 13 for submitting plans to federal regulators detailing how they will overhaul their mortgage and foreclosure practices. The problem is that the regulatory effort
Partial settlement coming on foreclosure fiasco
Any hope for a quick settlement to the foreclosure fiasco dissipated months ago, when it became clear that federal and states officials on one hand and lenders and servicers on the other hand were
Big agreement between banks and states unlikely soon
We're seeing more state attorneys general take action in the mortgage crisis. Michigan recently joined Oregon in suing Bank of America's troubled Countrywide unit, seeking to recover big losses in
Bank of America dealt another foreclosure blow in Nevada
We've noted that mortgage lenders and servicers face a range of legal action across the country. Lawyers for aggrieved mortgage holders are emboldened like never before, and they seem to be racking
Wells Fargo sues JPMorgan mortgage unit
There could be a lot of mortgage-related litigation in the works, as more investors come to terms with what they actually own in various mortgage-backed securities. Mortgage lenders seem to want to
Public pensions ask banks to review foreclosure practices
As if the big mortgage lenders and servicers didn't have enough pressure on them for shoddy foreclosure practices, public pensions have now weighed in. A group of pensions sent letters to the head of
WikiLeaks should motivate information security managers
Information security managers across the economy are no doubt riveted by the WikiLeaks drama now playing out. The latest: WikiLeaks founder Julian Assange said he has released an encrypted "poison
