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A House-amended version of a congressional insider-trading bill passed the Senate Thursday, leaving in a measure that bans bonus pay at Fannie Mae and Freddie Mac.
The so-called Stock Act passed the Senate on a 96 to 3 vote, with dissent coming from Sens...
A House-amended version of a congressional insider-trading bill passed the Senate Thursday, leaving in a measure that bans bonus pay at Fannie Mae and Freddie Mac.
The so-called Stock Act passed the Senate on a 96 to 3 vote, with dissent coming from Sens...
Mortgage lending will not return until firms figure out how to better automate an underwriting process overloaded with new rules but still being done by hand, according to entrepreneur Bill Dallas.
Dallas founded First Franklin, a large mortgage operation, and his newest...
Mortgage lending will not return until firms figure out how to better automate an underwriting process overloaded with new rules but still being done by hand, according to entrepreneur Bill Dallas.
Dallas founded First Franklin, a large mortgage operation, and his newest...
The nation's largest banks are charging borrowers who refinance under the Home Affordable Refinance Program significantly higher rates than other types of refinance loans, according to Amherst Securities Group.
HARP 2.0,...
The nation's largest banks are charging borrowers who refinance under the Home Affordable Refinance Program significantly higher rates than other types of refinance loans, according to Amherst Securities Group.
HARP 2.0,...
Things look better on the home front now compared to late last year, notes Bank of America Merrill Lynch ($13.24 0.03%), which revised its home...
BankAtlantic Bancorp ($12.68 0.07%) recorded a $17.5 million loss, or $1.12 a share, for the fourth quarter, narrowing a $46.3 million loss...
BankAtlantic Bancorp ($12.68 0.07%) recorded a $17.5 million loss, or $1.12 a share, for the fourth quarter, narrowing a $46.3 million loss...
The public may be calling for the "ritual slaughter of Fannie Mae and Freddie Mac," but bringing private capital back into the mortgage finance market without some sort of government backstop is "fanciful at best," according to Jim Millstein, chairman and CEO of...
The public may be calling for the "ritual slaughter of Fannie Mae and Freddie Mac," but bringing private capital back into the mortgage finance market without some sort of government backstop is "fanciful at best," according to Jim Millstein, chairman and CEO of...
Home prices remained unchanged in January from a downwardly adjusted December level, but fell 0.8% from a year earlier, according to the Federal Housing Finance Agency's index.
The seasonally adjusted purchase-only index, calculated using mortgages sold to or guaranteed...
Home prices remained unchanged in January from a downwardly adjusted December level, but fell 0.8% from a year earlier, according to the Federal Housing Finance Agency's index.
The seasonally adjusted purchase-only index, calculated using mortgages sold to or guaranteed...
The nation's mortgage rates are catching up with increases in U.S. Treasury bond yields as the average 30-year, fixed-rate mortgage passed 4% for the first time since the end of October.
The Freddie Mac survey showed the 30-year, fixed-rate mortgage averaged 4.08% for the...
Initial jobless claims fell to 348,000 for the week ended March 17 from an upwardly adjusted 353,000 a week earlier, according to the Labor Department.
The seasonally adjusted measure hit a fresh four-year low last week, approaching early March 2008's 347,000 filings....