Servicing/Default
An Alabama court in Russell County issued a summary judgment in the case of Horace v. LaSalle Bank. The court ruled defendant LaSalle Bank – as the trustee holding the plaintiff's securitized mortgage – could not foreclose because the trust...
- New jobs might not signify housing market recovery
- What Fannie, Freddie execs made while in conservatorship
- Mortgage REITs raising money, may focus sights on agency MBS
- Treasury's disagreements on HAMP decisions on the rise
- JPMorgan must pay $4 million to get foreclosure docs from Ben-Ezra
- Trade group wants some servicers exempt from AG settlement
- Obama housing stats underscore the fragility of the market
- Treasury releases first HAFA and second-lien modification numbers
- Impac Mortgage reports 2010 earnings rise, but interest income falls
- Loan officer compensation ruling delayed
- CAR partners with Fannie Mae on short-sale help desk
My alarm clock blared at 6 a.m., but by then I was already zipping my jacket to head out into the streets of Washington, D.C., where the Mortgage Bankers Association summit on the future of mortgage servicing was being held a few blocks from my hotel.
I walked faster than Texans normally walk to reach the [...]
- Failed mortgage lender CEO pleads guilty in $1.5 billion fraud case The Wall Street Journal
- Why is the Fed bailing out Qaddafi? Rolling Stone
- Fifth guilty plea in expansive mortgage fraud case The Wall Street Journal
- JPMorgan borrowed at least $5.9 billion from Fed window Bloomberg
- Foreclosure negotiations held at Justice Dept BusinessWeek
- Frank: new mortgage-securities rules should apply to Fannie, Freddie The Wall Street Journal
- Jamie Dimon bashes financial regulation The Wall Street Journal
- As Obama and Congress fiddle, America liquidates housing sector Reuters
- Mortgage servicers resist but cut debts The Wall Street Journal
- Eyes open, WaMu still failed The New York Times
- Goldman Sachs, Citigroup sell $1.4 billion of mortgage bonds Bloomberg
On April 1, the new "customary and reasonable" appraiser fees under Dodd-Frank take effect. A week prior, HousingWire ran a Q&A with David Feldman, the vice president of government affairs at CoreLogic Valuations in an effort to clarify the impact this will have on the appraisal industry.
Many appraisers...
April 3 - 6, 2011
May 1 - 4, 2011
May 9 - 11, 2011
May 15 - 17, 2011
May 22 - 25, 2011
Origination/Lending
Although the slight increase of nationwide jobs in 2010 may have some believing there is light at the end of...
Secondary Markets/Investors
The top six executives at Fannie Mae and Freddie Mac made a combined $35.4 million in 2009 and 2010, but...
Servicing/Default
The Treasury Department disagreed with 4.2% of the troubled mortgages servicers chose not to put into the Home Affordable Modification...
