Wall Street Journal, Aug. 4, 2016–Viswanatha, Aruna
Justice Department aims to salvage high-profile mortgage-fraud case against Bank of America.
Category: Top National News
Fannie Mae Profit Slides Amid Lower Rates
Wall Street Journal, Aug. 4, 2016–Hufford, Austen
GSE will send $2.9 billion dividend payment to Treasury Department.
Record Ginnie Mae MBS Issuance
Mortgage Daily, Aug. 4, 2016
July issuance up 5% from June.
The Secret Sauce to Some Home Loan Bank Earnings
National Mortgage News, Aug. 4, 2016–Collins, Brian
Court settlements boosting bottom line at several FHLBs.
Say Hello to the New Face of CMBS Deals, Courtesy of Dodd-Frank
Forbes, Aug. 4, 2016–Razin, Ely
First risk-retention CMBS deal.
What Could Replace Freddie Mac and Fannie Mae?
Miami Herald, Aug. 5, 2016–Nehamas, Nicholas
“There has to be structural reform before the market can function,” said MBA President and CEO David Stevens, CMB.
MSR Adjustments to Pressure Earnings in 2H16: Kroll
National Mortgage News, Aug. 5, 2016–Passy, Jacob
Agency says mortgage servicing rights’ impact continues to be felt.
MBA CEO: Next Administration has a Clean Slate for Housing
HousingWire, Aug. 5, 2016–Ramirez, Kelsey
David Stevens, CMB, calls 2016 elections ‘opportunity to pivot.’
Fannie, Freddie Could Need $126 Billion in Crisis, Test Shows
Bloomberg, Aug. 8, 2016–Light, Joe
Companies would still have $132 billion in funding remaining.
Nearly 650,000 Borrowers to Receive More Money from Independent Foreclosure Review
HousingWire, Aug. 8, 2016–Lane, Ben
Remaining funds to be distributed to borrowers who already received money.