News

September 17, 2012 10:24 AM
NAR calls for easier mortgage lending

Regulators and lenders could spur the creation of 250,000 to 350,000 jobs by easing tight lending standards that are causing an overcorrection in the space, the National Association of Realtors said Monday.

If there is one complaint NAR Chief...

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September 17, 2012 09:31 AM
CFPB, HUD face disparate impact mortgage lending dilemma

Lenders wanting to know the exact definition of discriminatory lending will have to wait until the Consumer Financial Protection Bureau releases its final ability-to-repay rule under the Dodd-Frank Act next January.

While the ability-to-repay rule doesn't address...

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September 17, 2012 08:51 AM
CFPB, HUD face disparate impact mortgage lending dilemma

Lenders wanting to know the exact definition of discriminatory lending will have to wait until the Consumer Financial Protection Bureau releases its final ability-to-repay rule under the Dodd-Frank Act next January.

While the ability-to-repay rule doesn't address...

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September 16, 2012 04:16 PM
Monday Morning Cup of Coffee: BofA slowest to solve delinquent mortgages

A look at stories across HousingWire's weekend desk, with more coverage to come on bigger issues:

Loans serviced by Bank of America ($13.44...

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September 16, 2012 12:44 PM
Monday Morning Cup of Coffee: BofA slowest to solve delinquent mortgages

A look at stories across HousingWire's weekend desk, with more coverage to come on bigger issues:

Loans serviced by Bank of America ($13.44...

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September 14, 2012 04:21 PM
GSEs ease mortgage buyback rules on HARP

Fannie Mae and Freddie Mac eased some guidelines for lenders refinancing mortgages, including new relief from buying back the loan, according to an alert sent to lenders.

Beginning...

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September 14, 2012 03:54 PM
GSEs ease mortgage buyback rules on HARP

Fannie Mae and Freddie Mac eased some guidelines for lenders refinancing mortgages, including new relief from buying back the loan, according to an alert sent to lenders.

Beginning...

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September 14, 2012 02:47 PM
FDIC director calls Basel III fundamentally flawed

Basel III is the continuation of a poor record of fundamentally flawed Basel systems, but with more complexity, Thomas Hoenig, director of the Federal Deposit Insurance Corp. said Friday.

Hoening delivered the remark at The American Banker Regulatory Symposium in...

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September 14, 2012 01:42 PM
FDIC director calls Basel III fundamentally flawed

Basel III is the continuation of a poor record of fundamentally flawed Basel systems, but with more complexity, Thomas Hoenig, director of the Federal Deposit Insurance Corp. said Friday.

Hoening delivered the remark at The American Banker Regulatory Symposium in...

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September 14, 2012 01:23 PM
QE3 may nudge more home sales to investors

The latest stimulus from the Federal Reserve may spur more home sales, just not to the intended buyers.

By buying up $85 billion in Treasurys and agency mortgage-backed...

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September 14, 2012 01:21 PM
QE3 may nudge more home sales to investors

The latest stimulus from the Federal Reserve may spur more home sales, just not to the intended buyers.

By buying up $85 billion in Treasurys and agency mortgage-backed...

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September 14, 2012 12:52 PM
Treasury finalizes latest AIG stock offering

The Treasury Department completed its offering of 636.9 million shares of American International Group stock. It includes 153.8 million shares purchased by AIG for $5 billion, equaling the combined amount of repurchases it made in the past two quarters.

...

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September 14, 2012 12:14 PM
Treasury finalizes latest AIG stock offering

The Treasury Department completed its offering of 636.9 million shares of American International Group stock. It includes 153.8 million shares purchased by AIG for $5 billion, equaling the combined amount of repurchases it made in the past two quarters.

...

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September 14, 2012 10:30 AM
Fitch: CMBS delinquency rate dips for fourth straight month

The percentage of delinquent loans tied to commercial mortgage-backed securities declined for the fourth straight month in August, according to Fitch Ratings.

The credit ratings agency found 8.37% of CMBS loans delinquent, down from 8.48% the month...

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September 14, 2012 10:29 AM
Fitch: CMBS delinquency rate dips for fourth straight month

The percentage of delinquent loans tied to commercial mortgage-backed securities declined for the fourth straight month in August, according to Fitch Ratings.

The credit ratings agency found 8.37% of CMBS loans delinquent, down from 8.48% the month...

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