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By Heather Anderson |
May 15, 2012
Trade participates in call with White House about three bills that would address mortgage modifications and refinancing.
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By Heather Anderson |
April 30, 2012
FHFA said it has postponed but not killed idea of principal of forgiveness for Fannie and Freddie loans.
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April 22, 2012
The recent thaw in state foreclosure actions has added to the millions of vacant, foreclosed properties already on the market. Since September 2008, mortgage companies and banks have foreclosed on 3.3 million homes and in just the last year, more than 860,000 have been lost to foreclosure–fully half in five...
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By Heather Anderson |
April 15, 2012
Lawyers for Wachovia Capital Markets filed documents in Kansas City Federal Court asking the court to dismiss NCUA’s securities fraud case against the firm now owned by Wells Fargo. Central to Wachovia’s argument is a question that has haunted the NCUA ever since the collapse of U.S. Central FCU: Why...
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By Heather Anderson |
April 15, 2012
Credit unions may find themselves increasingly playing the role of landlord, according to a recent Federal Reserve policy statement and a property management firm that serves credit unions.
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By Heather Anderson |
April 12, 2012
FHFA Director defends principal forgiveness math.
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By Heather Anderson |
April 12, 2012
NAFCU CEO worries about indirect impact from principal forgiveness.
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By Heather Anderson |
April 11, 2012
Possible Fannie Mae, Freddie Mac write-downs could in fact help credit unions by forcing losses onto holders of first liens.
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By Heather Anderson |
April 11, 2012
NAFCU, ABA react to FHFA director comments about considering principal forgiveness for some underwater loans at Fannie Mae and Freddie Mac.
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By Heather Anderson |
April 9, 2012
Filings in suit over U.S. Central losses show bank says corporates knew the risks of investing in mortgage-backed securities.
