The OCC terminated the servicing-related consent order against Wells Fargo, but at the same time issued a civil penalty to the bank.
Read More »Bank of America’s ‘Hustle’ Whistleblower Retains Reward
Bank of America's $1.27 billion penalty in the "Hustle" case has been overturned. Why does the former Countrywide exec who blew the whistle get to keep the reward money?
Read More »Independent Review Finds Accusations Against Ocwen ‘Baseless’
What exactly did a year-long analysis of Ocwen's servicing operations from an independent consulting firm reveal?
Read More »Clinton and Trump Spar Over ‘Housing Bubble’ Remarks
The two major party presumptive presidential candidates have engaged in a war of words over some comments Trump made in 2006 about the forthcoming real estate crash.
Read More »Fairholme: Status Quo Makes Another Bailout ‘Inevitable’
The Net Worth Sweep, or the sweeping of all Fannie Mae and Freddie Mac profits into Treasury, has been under more intense scrutiny as of late.
Read More »Coalition Pushes for Stricter Wall Street Regulation
A group of progressives who believe that Wall Street is not regulated enough has organized a coalition in hopes of getting stricter rules passed.
Read More »‘Survivor Bill of Rights’ is Gaining Traction
One of the states hit hardest by the foreclosure crisis has proposed legislation to protect families from foreclosure after the death of the borrower named on the mortgage.
Read More »Where are the Best Markets for Flipping?
While house flipping activity overall is down considerably from its peak reached 11 years ago, plenty of opportunities remain for flippers to turn a healthy profit.
Read More »Present and Future Look Bright for Jumbo RMBS
What factors have led to improved credit performance of jumbo residential mortgage-backed securities?
Read More »What is Driving Risk Higher on First-Time Buyer Loans?
What led to risk of default on agency first-time buyer mortgages reaching a series high in April?
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