Bill to kill $3M raises for Fannie, Freddie CEOs gains momentum

Bill to kill $3M raises for Fannie, Freddie CEOs gains momentum

Rep. Ed Royce-sponsored bill now has bipartisan support

First look: Architect Magazine showcases Fannnie Mae’s new corporate digs

It’s big and beautiful and it saves the GSE money

Fannie Mae: Mortgage lenders unnecessarily restrict credit

Higher credit scores, additional documentation most common
W S
Lending / The Ticker

Legal issues tied to mortgages strike BofA hard

/ Print / Reprints /
| Share More
/ Text Size+

Credit and mortgage-related legal battles ended up costing Bank of America (BAC) a whopping $42 billion, according to a new Forbes article.

The world knows BofA ended up under the gun after acquiring subprime lender Countrywide more than four years ago.  Paying for related litigation and settlements has cost the lender billions of dollars since then, and the litigation stream continues to run till this day.

 

 

 

 

Source: Forbes
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus