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 'Wall Street'


DOJ reportedly pursuing criminal charges against JPMorgan Chase, RBS executives

U.S. finally targeting individuals for toxic mortgage bonds?
Following through on policy changes announced earlier this year that opened the door to individuals being held criminally responsible for corporate misconduct that helped cause the financial crisis, the Department of Justice is reportedly pursuing criminal charges against executives at the Royal Bank of Scotland and JPMorgan Chase.
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Inside the battle for the soul of New York's top financial regulator

Why NYDFS has no leader, no direction
Pushes from Wall Street and Capitol Hill’s most ardent Wall Street opponent have launched a battle over the direction, reach, and power of New York’s top financial regulator, leaving the New York Department of Financial Services without a leader or a direction. Will the NYDFS continue to be a fiercely zealous regulator with long reach and serious clout, or will the NYDFS become more of a friend than a foe to Wall Street?
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FHFA to housing protesters: Neighborhood stabilization is shared priority

Enhanced guidelines may already answer many protester concerns
Protesters rallied in front of the Federal Housing Finance Agency to protest REO investment and non-performing loan sales, saying it hurt minority neighborhoods. However, a lot of what they were demanding and denouncing the FHFA already does, or at least requires for buyers of non-performing loans.
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Justice Department finally sets sights on Wall Street executives

Changes could lead to prosecution for individuals
In a move that will undoubtedly have some shouting “finally!” and others saying it’s “too little, too late,” the Department of Justice announced that it will begin to target individual employees for corporate misconduct in addition to the companies themselves. Here are all the details, straight from the DOJ itself.
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Rick Perry: We’re tired of Wall Street getting special treatment

Presidential hopeful tells CBS News “there is nothing too big to fail”
If former Texas Gov. Rick Perry is able to avoid some of the snafus that undid his previous bid for the White House, the nation’s biggest banks could be facing a whole new set of rules and regulations that could change the financial system and have a significant impact on housing.
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JPMorgan’s Dimon to Sen. Warren: Hit me with a fine. We can afford it

New afterword from Warren’s book reveals tense exchange
It’s probably safe to say that of all the elected officials that walk the halls on Capitol Hill, Sen. Elizabeth Warren isn’t Wall Street’s favorite, but a newly released excerpt from Warren’s book “A Fighting Chance,” shows just how tense her interactions with Wall Street’s bigwigs can be.
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