Items Tagged with 'Barbara Desoer'


  • Broader Servicer Safety Net Needed: Desoer

    President Barack Obama's Making Home Affordable modification plan lacks critical servicer protection laws needed to reach the maximum 3m to 4m borrowers touted as potentially eligible, Bank of America's Barbara Desoer tells Bloomberg. Lawmakers additionally must draft crucial legislation to shield servicers from lawsuit by holders of securitized bonds.
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  • Bank of America: We Need More Jumbos

    Friday brought a ray of hope for battered mortgage markets, with the nation's largest mortgage lender saying that it is looking to expand its presence in jumbo lending markets -- a market that has literally seen liquidity vanish amid the collapse of much of the nation's private-party mortgage markets.
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  • More on Bulk REO Sales

    Last week, HousingWire ran a well-read story on bulk REO sales that suggested the Treasury's decision not to invest in troubled assets had energized possible bulk sales. It generated a fair amount of response.
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  • Sambol Out After Countrywide/BofA Merger

    Buried in a press statement from Bank of America Corp. [stock BAC][/stock] earlier Wednesday that discussed the company's new consumer banking structure in a post-Countrywide-merger world was an industry bombshell that current Countrywide Financial Corp. [stock CFC][/stock] president David Sambol would "retire" after the acquisition and transition was complete.
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