Latest Posts
Mortgage Servicer Suing BofA, 11 Others for Selling Bad Loans
May 21, 2014Residential Capital LLC is suing Bank of America and 11 other mortgage lenders, claiming the lenders sold poor-quality loans which led to the now-defunct mortgage company’s bankruptcy, Bloomberg reports. In May 2012, Residential Capital filed for bankruptcy protection after investors who bought mortgage-backed bonds claimed they were loaded with faulty loans, Bloomberg reports. It was […]
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Nonbank Mortgage Servicing Probe to Continue, Says Regulator
May 21, 2014 -
MBA Chief: Housing Stuck in a Sick System
May 21, 2014 -
Lone Wolf purchases eWebEngine Internet Marketing Solutions
May 21, 2014 -
House Republicans struggle to control CFPB
May 21, 2014 -
Kids reign as new chief purchase officers
May 21, 2014 -
Fannie Mae prices largest credit-risk sharing deal so far
May 21, 2014 -
FOMC: Tapering not stopping anytime soon
May 21, 2014 -
MoodyÕ issues ratings for $1B Invitation Homes rental securitization
May 21, 2014 -
Senate approves Fed vice chairman nominee
May 21, 2014 -
Citigroup reveals battle plan to grow correspondent division
May 21, 2014 -
$4.8 billion of non-performing HUD loans set to hit the market
May 21, 2014
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