Tag Archives: Goldman Sachs

After nearly a month of marketing, Fannie Mae has sold off more nonperforming loans totaling $581 million in unpaid principal balance. This is the company’s 10th nonperforming loan sale to date. In a continued effort to reduce the number of delinquent loans in its portfolio, the lender has unloaded about 3,400 notes.

The company recently purchased about 8,000 loans with unpaid balances of $1.4 billion from Fannie Mae.

With fluctuating mortgage rates under watch, many are speculating about what the future of mortgage rates will look like in the years to come, especially with the possibility of GSE reform.

The Federal Reserve Board ordered Goldman Sachs Group to pay a civil money penalty for its unauthorized use and disclosure of confidential supervisory information and to implement an enhanced program to ensure the proper use of confidential supervisory information.

The first and second quarters of 2016 told different stories for Goldman Sachs with regards to earnings and overall business operations.

Like nearly every financial firm that reported earnings for Q1, Goldman Sachs' profits took a major hit. What drove the decline?

Goldman Sachs will release its earnings statement for Q1 on Tuesday, April 19. How much will the recent $5 billion settlement affect the firm's profits?

It's the fourth-largest RMBS settlement reached between the government and one financial institution.

The investment banking firm's Q4 and full year 2015 earnings took a big hit as a result of the $5 billion residential mortgage-backed securities settlement announced last week.

The investment banking firm reached an agreement in principle to settle claims that it sold faulty mortgage-backed securities before the crisis.