FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google

Items Tagged with 'Ratings'


It’s official: S&P to pay record-breaking fine for misleading RMBS investors

Settlement with DOJ resolves claims of inflated pre-crisis ratings
A credit ratings agency is finally facing the music. As was first rumored in early January, Standard & Poor’s will indeed pay $1.375 billion as part of settlement with the U.S. Department of Justice and nearly 20 states over claims that S&P knowingly misled mortgage bond investors by issuing trumped up ratings for pre-crisis residential mortgage-backed securities.
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S&P tries to prove DOJ lawsuit is about payback

Ratings giant claims downgrade of US debt made S&P a target
Standard & Poor’s is working on its defense to fraud claims levied by the Department of Justice over the firm's pre-housing crisis mortgage-bond ratings. So what is the agency's game plan? S&P is trying to show the DOJ suit is about payback, not bond ratings.
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