Tag Archives: Credit Suisse

An upcoming Five Star-led webinar will discuss how to expedite a mortgage servicing technology project, from approval to execution, in a 90-day timeframe.

An upcoming Five Star-led webinar will discuss how to expedite a mortgage servicing technology project, from approval to execution, in a 90-day timeframe.

Twenty-five-plus-year audit executive to join GSE to monitor key risks assessments, and replace the retiring J. Douglas Watt, Fannie Mae's current SVP and Chief Audit Executive.

Subservicer adds industry vet tasked with charting the company’s talent acquisition and succession planning.

Russ Fowlie brings 25 years of experience to the table in building long-term relationships to create “customers for life.”

According to a tally released Tuesday by New York-based investment banking firm Keefe, Bruyette & Woods, banks have been fined $243 billion since the financial crisis in 2008. As reported by Marketwatch, repayment of the fines involves a mixture of ...

Fannie Mae announced on Tuesday that they have sold 13,500 loans with a cumulative unpaid principle balance of $2.99 billion in their third reperforming loan sale. Loans were divided into three pools, and sold to a single bidder: DLJ Mortgage Capital, Inc. Fannie Mae expects to close on the bid of this sale July 21.

After allegedly selling toxic residential mortgage-backed securities which led to the failure of three credit unions, Credit Suisse Securities has agreed to pay $400 million in a settlement on Wednesday. The National Credit Union Administration settled with Credit Suisse, ending a litigation that has lasted nearly five years. The NCUA filed a motion for voluntary dismissal in Kansas federal court on Tuesday.

Almost a decade after the 2008 financial crisis, the U.S. Department of Justice is finally exacting restitution from companies found responsible for pushing the economy to the brink.

Swiss-based bank Credit Suisse and New Jersey-based insurance company Prudential agreed on a $460 million settlement over a lawsuit filed by Prudential alleging that the bank had sold fraudulent residential mortgage-backed securities (RMBS).