Bank of America has requested an appeals court to dismiss a $1.127 billion court-imposed penalty against the bank over mortgage fraud and has also asked that the judge who imposed the penalty be removed from the case. The Charlotte, North Carolina-based ...
Read More »DS News Webcast: Friday 04/24/2015
Bank of America has requested an appeals court to dismiss a 1.27 billion dollar court-imposed penalty against the bank over mortgage fraud and has also asked that the judge who imposed the penalty be removed from the case. The Charlotte, North ...
Read More »DS News Webcast: Thursday 04/23/2015
The mortgage delinquency rate falls to an eight-year low, and the FHFA reiterates its vow to protect GSE-backed mortgage loans from super-priority lien status attached by homeowners associations — ahead on Thursday's news wrap.
Read More »DS News Webcast: Wednesday 04/22/2015
The national composite default index declined, driven by decreases in the mortgage default rate, and the White House threatens to veto legislation that it says would cut the amount of funding the CFPB director can request — ahead on Wednesday's news wrap.
Read More »DS News Webcast: Tuesday 04/21/2015
The trend of purchasing houses for flipping continued to gain momentum in Q1, and Fannie Mae's economic forecast remains unchanged despite a Q1 slowdown — ahead on Tuesday's news wrap.
Read More »DS News Webcast: Monday 04/20/15
Five of the nation's biggest banks all report healthy profits in Q1, and the CFPB amends guidelines for how lenders provide borrowers with a list of housing counseling organizations— ahead on Monday's news wrap.
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Read More »DS News Webcast: Friday 04/17/15
The FHFA announces the launch of a neighborhood stabilization pilot program, and both Goldman Sachs and Citi show strong first quarters in their earnings reports — ahead on the weekend news wrap.
Read More »DS News Webcast: Thursday 04/16/15
Housing advocates ask the nation's top regulators to look into alleged pro-foreclosure campaigns on the part of investors, and a bill calling for more transparency from the CFPB passes in the House by an overwhelming majority — ahead on Thursday's ...
Read More »DS News Webcast: Tuesday 4/14/2015
Following a disappointing year for housing in 2014, analysts expect housing to rebound in 2015 and reach a point of "sustainable recovery," according to a recent report from the Wall Street Journal. Economists at both Fannie Mae and Freddie Mac have stuck to their predictions that housing will ...
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