Wall Street Journal, Aug. 15, 2016–Scism, Leslie; Lublin, Joann S.
Insurance giant has been speeding up return of cash to restive shareholders.
Category: Top National News
What Happens When The Mortgage-Servicing Rule Tops The 2,081 Page Count
Value Walk, Aug. 15, 2016–Petrou, Karen
Rules should protect consumers–but lenders also want their money back.
CFPB: Foreclosure Relief Shouldn’t End When HAMP Does
National Mortgage News, Aug. 2, 2016–Berry, Kate
Bureau offers ‘guiding principles’ for mortgage servicers, investors. MBA is working on universal loss mitigation proposal.
What Real Estate Investors Are Bracing For Through Year-End
National Real Estate Investor, Aug. 2, 2016–Bell, Diana
Global capital markets volatility, a continued low interest rate environment and increased financial regulation.
Einhorn Insurer Shifts to Mortgage Bet After Florida Fraud Costs
Bloomberg, Aug. 2, 2016–Basak, Sonali; Foxman, Simone
Greenlight Capital Re looks elsewhere after being burned on fraudulent claims on Florida property policies.
Higher Fee Income Helps Freddie Recover in 2Q
National Mortgage News, Aug. 2, 2016–Collins, Brian
GSE reports $993 million profit, compared to $354 million loss in first quarter.
Why Washington’s Biggest Real Estate Deal Just Collapsed
Washington Post, Aug. 2, 2016–O’Connell, Jonathan
JBG Cos.’ proposed $8.4 billion acquisition of New York REIT collapses amid shareholder revolt.
Foreclosures Drop in New York and New Jersey as Courts Pick Up Pace
Wall Street Journal, Aug. 3, 2016–Barbanel, Josh
Rising home values, easing court logjams signal improvement.
Genworth Jumps Most Since 2009 as Mortgage Unit Fuels Profit
Bloomberg, Aug. 3, 2016–Chiglinsky, Katherine
Net income of $172 million beats estimates.
U.S. Appeals Ruling That Throws Out Crisis-Era Bank of America Case
Wall Street Journal, Aug. 4, 2016–Viswanatha, Aruna
Justice Department aims to salvage high-profile mortgage-fraud case against Bank of America.