Julián Castro sworn in, spends first day as HUD Secretary

Julián Castro sworn in, spends first day as HUD Secretary

Former San Antonio mayor takes over for Shaun Donovan

Blackstone adviser: Investors worried about ‘serious correction’

Byron Wien still holds his line

It’s official: Zillow will own Trulia

"Better agents make for better advertisers"
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Items Tagged with 'Representations and warranties'

ARTICLES

Court rules Merrill Lynch must face $1 billion mortgage lawsuit

Trusts trying to force company to buy back bad loans
June 17, 2014
The two trusts said Merrill was obligated to buy back the loans because ResMAE could no longer fulfill its contractual obligations because the company had been liquidated in bankruptcy.
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Two settlements that could harm RMBS investors

More haircuts could be coming investors way, S&P says
January 13, 2014
Investors in residential mortgage-backed securities are far from out of the woods when it comes to resolving financial risk from RMBS investments.
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JPMorgan reaches $4.5B settlement over mortgage-bond claims

Deal resolves repurchase and servicing issues
November 15, 2013
The settlement represents another critical step in the bank’s efforts to resolve mortgage-related legacy matters.
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Portfolio, loan reserve releases buoy Flagstar earnings

Mortgage business takes a beating amid refi burnout
October 23, 2013
"Overall, this looks to be a decent quarter for Flagstar given the company was able to stay profitable in the face of significant mortgage banking headwinds," analysts with Compass Point Research & Trading Group said.
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JPMorgan faces DOJ criminal probe over MBS issuance

Criminal investigation follows DOJ's finding that JPM broke civil laws
August 7, 2013
JPMorgan Chase disclosed in a filing with the SEC Wednesday that it's subject to a criminal investigation from the Department of Justice over its issuance of bubble-era residential mortgage-backed securities.
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