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Mortgage Servicer Takes Off as Economy Improves 27 Aug 2013 | 06:14 pm
As a result of excellent second quarter results, earnings estimates have been rising for Nationstar Mortgage Holdings. >> Read More Mortgage News
JPMorgan Liable to Billionaire Blavatnik Over Mortgage Losses 27 Aug 2013 | 06:14 pm
A New York state judge found JPMorgan Chase & Co liable to Russian-American billionaire Leonard Blavatnik for breach of contract for stuffing an investment account he held with risky subprime mortgage...
U.S. Judge Tosses BofA Suit vs. FDIC Over $1.7 Billion Investor Losses 27 Aug 2013 | 06:14 pm
A federal judge on Monday threw out Bank of America Corp’s lawsuit against the Federal Deposit Insurance Corp over $1.7 billion of investor losses stemming from the collapses in 2009 of a large region...
In Post-Crisis Penalties, Morgan Stanley Stands Alone 27 Aug 2013 | 06:14 pm
Nearly five years after the fall of Lehman Brothers, Morgan Stanley has earned some bragging rights. It’s the only major bank that hasn’t paid a federal fine related to the financial crisis. >> Read M...
Lessons Learned From the Fed's $745 Billion Mistake 27 Aug 2013 | 06:14 pm
Have the Fed’s massive interventions to keep down long-term interest rates failed to neutralize expectations driving the bond market behavior? >> Read More Mortgage News
City Sued for Using Eminent Domain to Help Homeowners 27 Aug 2013 | 06:14 pm
When the mayor of Richmond and a gaggle of activists and homeowners showed up at the Wells Fargo Bank headquarters in downtown San Francisco this month, they were on a mission to speak with the bank’s...
Rising Mortgage Rates Lead to Job Cuts 27 Aug 2013 | 06:14 pm
The sharp rise in mortgage interest rates over the past six months are going to do some serious damage to the nation’s largest mortgage lenders. >> Read More Mortgage News
BAC Sees $7.2B Drop in Mortgage Service Expenses 27 Aug 2013 | 06:14 pm
Recent comments by Bank of America CFO Bruce Thompson back up the higher valuation investors place on the company over Citigroup and JPMorgan Chase. >> Read More Mortgage News
MSRs Remain an Attractive Asset for Yield 27 Aug 2013 | 06:14 pm
MountainView Servicing Group is managing the sale of $1.4 billion in mortgage servicing rights tied to enterprise loans. >> Read More Mortgage News
Richmond Looks to Seize Loans to Ease Mortgages 26 Aug 2013 | 05:31 pm
When the mayor of Richmond and a gaggle of activists and homeowners showed up at the Wells Fargo Bank headquarters in downtown San Francisco this month, they were on a mission to speak with the bank’s...
