Freddie Mac CEO: We will help increase mortgage lending

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition

MBA forecasts 7% origination jump in 2015

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“Several markets are still overvalued”
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Legacy home lending issues trouble Citi, BofA

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Bank of America and Citigroup have suffered setbacks in their attempt to escape a troubled legacy of problems from the financial crisis with renewed worries over legal costs and doubts over profitability.

The two U.S. banks, the most scarred survivors from the 2008 crisis, both reported earnings that missed market expectations.


Source: Financial Times
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