Urban Institute: Qualified Mortgage impact overblown

Urban Institute: Qualified Mortgage impact overblown

New rules have only slightly slowed mortgage lending

WATCH: Former Wells Fargo CEO calls BofA fine “extortion”

Kovacevich says fine is political and has “nothing to do with justice”

BofA reaches $16.65B settlement over "toxic waste" mortgages

Loans date back to Countrywide and Merrill Lynch
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Items Tagged with 'Deutsche Bank'

ARTICLES

Deutsche Bank real estate finance veteran joins Greystone

Nikhil Kanodia will serve as new managing director
Trey Garrison
Greystone a leading national provider of multifamily and healthcare mortgage loans, today announced that Nikhil Kanodia has joined as a managing director.
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BlackRock, Pimco sue Wells Fargo, Citi, others over mortgage bonds

Allege that trustees should have forced banks to buy back toxic loans
Ben Lane
BlackRock and Pimco are leading a group of investors who have filed suit against six of the largest mortgage bond trustees, alleging that the trustees failed to properly administer the mortgage trusts by not forcing mortgage lenders to repurchase toxic loans.
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London authorities open investigation into banker deaths

Coroners to re-examine two cases in light of rash of reports
Trey Garrison
Authorities plan to open investigations into two recent apparent suicides of financial executives in London, following a rash of reports of suicides among banking and finance executives in the United States, Hong Kong and the United Kingdom.
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JPMorgan banker jumps to his death

Third JPMorgan employee, fifth banker in three weeks to die
Trey Garrison
The suicide is the third unnatural or unusual death for a JPMorgan employee in three weeks, and the fifth unusual death for a banker working in international finance in the past three weeks.
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JPMorgan global program trading exec, dead at 37

Held flawless trading record
Trey Garrison
An executive director in JPMorgan Chase & Co.'s global program trading died at age 37. His death comes after a rash of suicides among three prominent bankers over the course of a week.
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More details emerge about three bankers who died in six days

Some speculate missing WSJ reporter case shares circumstances
Trey Garrison
A week after three prominent bankers were found dead in apparent suicides, emerging details show all three worked at firms connected to fraud, misconduct investigations.
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The secret to making REO-to-rental viable

As an investment class it needs work but analysts say go for it
Trey Garrison
There are a large number of abandoned homes and a large class of renters, but even when the housing market settles out and people’s credit is repaired over time, REO to rental is a growth area and potentially a permanent asset class, investors think.
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Monday Morning Cup of Coffee: Deutsche Bank posts $1.6B loss

Bank the latest to suffer from mortgage-related litigation
Sarah Wheeler
Deutsche Bank made a surprise announcement Sunday night, reporting a fourth-quarter loss of €1.2B ($1.6B), when analysts were expecting a profit of almost €600 million ($800 million).
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FHFA announces $1.9B settlement with Deutsche Bank

Settlement resolves legacy mortgage securities claims
Kerri Ann Panchuk
The deal resolves another private-label mortgage-backed securities lawsuit filed against a major bank by the FHFA on behalf of Fannie Mae and Freddie Mac.
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ING mortgage bonds flood market

Pre-announced liquidation absorbed by Wall Street
Jacob Gaffney
According to structured finance analytics firm Interactive Data, the announced liquidation of $5.1 billion from the ING Illiquid Assets Back-up Facility spiked activity levels higher yesterday in the mortgage-bond market.
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