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 'Goldman Sachs'


Fed proposes new bailout rules for biggest banks

Would be required to carry $120 billion in debt to reduce taxpayer burden
Eight of the country’s largest banks would be required to raise $120 billion to comply with a new rule proposed Friday by the Federal Reserve Board, with the money designated to recapitalize the bank should it fail, lessening the likelihood of a a government bailout.
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Goldman Sachs fined $50 million for Federal Reserve leak

Former Goldman employee joined from Fed, shared confidential documents
The so-called revolving door between financial regulators and the private sector has finally swung around and bitten one of those private companies right where it hurts – their bottom line. Goldman Sachs will pay $50 million in fines after an investigation found that a former employee improperly shared confidential information obtained from the Federal Reserve Bank of New York.
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Goldman Sachs targets Millennial recruits through Snapchat

Will this fix the aging mortgage industry?
Goldman Sachs launched a new ad strategy through Snapchat to broaden its allure among Millennials, becoming the first major Wall Street bank to use the app for potential hires. Could Snapchat be one effective way to fix this the aging mortgage industry?
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Goldman Sachs to pay $272 million in toxic mortgage lawsuit

Settles with Illinois electrical workers’ pension fund over crisis-era mortgage bonds
Goldman Sachs will pay $272 million to settle a lawsuit over losses suffered due to alleged misrepresentations of the quality of mortgage loans that backed crisis-era mortgage-backed securities. The lawsuit stretches back to 2008, when an Illinois electrical workers' pension fund sued arguing that Goldman made false statements regarding the nature of mortgages it sold into trusts.
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