Nevada Foreclosure Times Could Speed Up
An end could be in sight for delinquent borrowers in Nevada who live rent-free for years while servicers plod through the foreclosure process.
Fed Chair Nominee Has No Plans for Quick End to QE
The nominee to head the central bank said at her Senate confirmation hearing that Quantitative Easing bond purchases have made a meaningful contribution to economic growth and offered no hint of when they might end under her chairmanship.
Fund Offers to Buy GSEs' Ongoing Business
A preferred investor in Fannie Mae and Freddie Mac that has sued the government over unpaid dividends now seeks to pick up some of their assets while liquidating the rest.
GSE Profits Likely to Continue
Several factors at play are likely to keep profits rolling in for years at the Federal National Mortgage Association and the Federal Home Loan Mortgage Corp.
Dodd-Frank, Obamacare Share Shortcomings
The Dodd-Frank Wall Street Reform and Consumer Protection Act has some of the same shortcomings as the Affordable Care Act.
Cordray Sets Aside Political Aspirations
Before he was tapped by President Obama to run the Consumer Financial Protection Bureau, Richard Cordray made a failed run at being re-elected as the attorney general of Ohio.
Failed Bank's Former Chairman Claims Duped Into Loan
A State senator and former chairman of a failed South Carolina bank is attempting to avoid repaying a loan from the bank because of an allegedly faulty appraisal.
Bankers, Lenders Testify on Secondary Market Reform
The nation's trade groups representing mortgage lenders and financial institutions delivered their suggestions for improving the secondary mortgage market to Congress, with much emphasis placed on protecting smaller players.
GOP Holds Up FHFA Director Confirmation
Senate Republicans angered the White House Thursday when they successfully blocked his nomination to head the Federal Housing Finance Agency.
MBA Throws Support Behind Obama's FHFA Director Pick
Although he could allow principal loan reductions on Fannie Mae and Freddie Mac loans, President Obama's nominee to head the regulator of the two secondary lenders has gained the support of mortgage bankers.