• Money

    Mortgage bond investors finally get paid $8.5 billion Countrywide settlement

    InvestmentsLending

    Five-year wait to receive settlement funds is over


  • InvestmentsLending

    Five-year wait to receive settlement funds is over

    Last month, mortgage bond investors moved one step closer to ending their five-year wait for their money from an $8.5 billion settlement involving Bank of America, mortgages originated by its Countrywide unit, and the Bank of New York Mellon. At the time, a report suggested that the aggrieved bondholders would receive their money in June, and according to a new report from Fitch Ratings, that’s exactly what happened.

This month in
HousingWire magazine

Cover Story
June 2016

2016 Rising Stars

Many of these 50 winners are leading their companies from the C-Suite, deciding overall strategy for their organizations and staking out new territory. Others are contributing through innovation, product development, process enhancements and big data analysis.

Feature

Where's the money in tiny homes?

InvestmentsLending

Commentary

Payment shock: how to avoid blindsiding consumers

Lending