Items Tagged with 'PNC Bank'


  • Here's the skinny on Opportunity Zones

    What you need to know about Opportunity Zones: pros, cons, goals
    Opportunity zones are probably the buzziest potential solution for the affordability crisis and local economic stimulus out there at the moment. So, here’s the skinny on how they would work, some of the risks they present and what they are meant to accomplish.
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  • PNC settles with Freddie Mac for $89M over repurchase obligations

    Deal ends buyback requests tied to 2000-2008 originations
    PNC Financial Services put to rest a series of repurchase obligations related to its sale of mortgages to Freddie Mac prior to the housing meltdown. The deal was finalized with the bank agreeing to pay the GSE $89M.
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  • For default servicing, all eyes rest on Colorado

    The time for the industry to act is now
    The landscape in creditor’s rights law has been long dominated by a surprisingly small number of regional and multi-state players, many of whom have grown to become some of the largest law firms in their respective jurisdictions. Let’s just say that business could be about to undergo a major facelift.
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  • American Home Makes 32

    American Home Mortgage Servicing this week joined a growing list of servicers participating in the US Treasury Department's modification incentive program under the Troubled Asset Relief Program (TARP). The Home Affordable Modification Program (HAMP) allocates TARP funds to servicers to use as interest rate reduction subsidies or to distribute to lender/investors and borrowers that participate.
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