Media

The ongoing tension between the Justice Department and the House Committee on Oversight and Government Reform saw a new development this week as Committee Chair Representative Darrell Issa, requested the department turn over all of its documents related to its recent securities settlements with JPMorgan ...

The labor market has taken significant steps in the quest to return to pre-recession employment levels, but concerns remain about the quality of jobs being created. Wages have increased over the past year, but are lagging behind the predicted growth ...

The office of the Special Inspector General for the Troubled Asset Relief Program announced that Jesse Litvak, a registered broker-dealer and former managing director at New York investment bank Jefferies & Co., Inc. was sentenced today to 24 months in federal prison and ordered to pay a $1.75 million dollar fine in connection to his conviction for defrauding consumers trading in residential mortgage backed securities.

In a positive sign for the housing market, RealtyTrac reported Thursday a decrease nationwide in homes that were classified as “seriously underwater”, down to 9.1 million homes in the second quarter of 2014, representing 17.2 percent of all homes nationwide. The number is a decrease from the 17.4 percent of underwater homes recorded in the first quarter

Freddie Mac announced a move Wednesday aimed at reducing the risk to the taxpayer associated with its credit exposure in the residential mortgage market. The Enterprise has obtained a number of insurance policies underwritten by a panel of well capitalized insurers and reinsurers. ...

Gaurav Singhania, SVP RMBS and Brian Grow, Managing Director RMBS at Morningstar Credit Ratings, LLC join the broadcast to provide updates and analysis on single family rental performance. Singhania and Grow will provide updates on securitizations, institutional players, emerging strategies, ...

Despite a disappointing first quarter and a mediocre second quarter, Freddie Mac still expects the economy to improve throughout the

Ellie Mae revealed new figures on its mortgage originations, while home sales and prices continued to rise in the month of May--coming up on this weekend’s News Wrap.

Natural disaster risk for homes is the topic of a new report released today, while a major bank pays a hefty fee to the federal government to settle allegations of lending and servicing misconduct-- coming up on Thursday’s News Wrap.

Loan modifications reached an impressive milestone, while default rates continue towards a historic low--coming up on Wednesday’s News Wrap.