JPMorgan, U.S. in tentative $13 billion settlement – IJR News
The settlement includes $9 billion in fines and penalties and $4 billion in 'consumer relief,' including home loan modifications , the official said. A federal criminal investigation based in .. Link:...
View ArticleFHFA May Postpone Reduction in GSE Loan Limits|National …
The Federal Housing Finance Agency is expected to delay any potential reduction in Fannie Mae and Freddie Mac loans limits until mid-2014, according to the National Association of Realtors. This delay...
View ArticleJPM's Bear Stearns, WaMu Deals Will Pay Off—Eventually
It includes roughly $4 billion paid to the Federal Housing Finance Agency for loans that were sold to Fannie Mae and Freddie Mac. The settlement equals half of JPM's profit last year and does not...
View ArticleWhy Oklahoma revamped real estate broker-client relationships
Since November 2000, the Oklahoma Broker Relationships Act has outlined the types of relationships that licensed brokers can have with the public as well as the duties of brokers and their licensees in...
View ArticleEMA's PRAC Updates On The Risks Of Serious Vascular Occlusive …
Modification of product information under way to include strengthened warnings The European Medicines Agency's Pharmacovigilance Risk Assessment Committee (PRAC), at its 4-7 November meeting, reviewed...
View ArticleGuest Post: How China Can Cause The Death Of The Dollar And …
The monthly payment on a 30 year, $300,000 mortgage at that rate is $1315.52. … But as the global economy trembled before the prospect of a US default last month, only averted when Washington reached a...
View ArticleJPMorgan Finally Settles With The Justice Department …– Daily News
The settlement includes $4 billion in aid to consumers, including lowering mortgage principal, modifying loans to make them easier to repay, originated new loans in some areas, and reducing blight in...
View ArticleFHFA Progress Report Details Advancement on Securitization …
FEDERAL HOUSING FINANCE AGENCY. NEWS RELEASE Go here to see the original: FHFA Progress Report Details Advancement on Securitization …
View ArticleShakesville: In the News
[CN: Racism; class warfare] The Federal Housing Finance Agency has threatened to take legal action against and/or deny credit to communities that try to use eminent domain to modify mortgages for...
View ArticleComment – State AGs in the News | State AG Monitor
The Consumer Financial Protection Bureau (CFPB) issued a final rule defining larger participants of the student loan servicing market that are subject to the agency's authority. The student loan …. The...
View ArticleWatt Now? – Talking Points Memo
News coverage of the Senate's confirmation of Congressman Mel Watt on Tuesday to head the Federal Housing Finance Agency was all about politics, not the housing or banking issues he now has to...
View ArticleMore Competitive Financing Drives Airliner Delivery Growth …
Airlines will continue to enjoy ready access to financing for new aircraft acquisitions, as funding sources such as bonds grow in importance as options for financial support, according to Boeing's...
View ArticleFHFA Seeks Public Input on GSE Purchase Limits | Mortgage News …
The Federal Housing Finance Agency (FHFA) is sending to the Federal Register a request for public input on the implementation of a plan to gradually reduce the maximum size of loans that Fannie Mae and...
View ArticleFHFA Seeks Public Input on Proposed Gradual Decrease of Future …
FEDERAL HOUSING FINANCE AGENCY. See the original post: FHFA Seeks Public Input on Proposed Gradual Decrease of Future …
View ArticleGSEs Prevent Three Million-Plus Foreclosures Since September 2008
The Federal Housing Finance Agency (FHFA) has announced that Fannie Mae and Freddie Mac have reached a significant milestone, completing more than three million foreclosure prevention actions since the...
View ArticleThan 3 Million Homeowners Helped by Foreclosure Prevention …
FEDERAL HOUSING FINANCE AGENCY. NEWS RELEASE. Link: Than 3 Million Homeowners Helped by Foreclosure Prevention …
View ArticleMaking $ense of Real Estate: Good news on the foreclosure front …
The portfolio of 25.6 million loans totaling $4.4 trillion in principal balances — 50 percent of mortgages outstanding in the U.S. By the end of the third quarter, 91.4 percent of mortgages were...
View Article2013 housing recovery was different, in a bad way – OC Housing News
Interestingly, some cities with the largest house price declines during the 2007-09 financial crisis (e.g., Las Vegas, Los Angeles, Phoenix, and San Diego) appear to be leading the recovery. The...
View ArticleA Transition in Fannie and Freddie Oversight – NYTimes.com
As Melvin L. Watt takes over the Federal Housing Finance Agency, he will face pressure to take steps that put taxpayers at greater risk in the mortgage market, moves that his predecessor resisted on...
View ArticleWhite House Still Calling Housing Recovery 'Fragile'| Realtor …
Daily Real Estate News | Monday, January 13, 2014. Go here to see the original: White House Still Calling Housing Recovery 'Fragile' | Realtor …
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