The Pennsylvania Higher Education Assistance Agency (PHEAA) has paid $12.3 million to settle tax-law violations and protect the tax-exempt status of its student loan bonds.
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Federal Housing Administration (FHA) loans once served a broad spectrum of borrowers until the subprime mortgage meltdown came along and pushed lenders to tighten underwriting standards and credit score requirements.
January 10 -
Dallas-based Highland Capital Management, which along with its affiliates has roughly $23 billion in assets under management, hired Brian Rice as managing director.
January 10 -
Ogier is planning to open a boutique law firm in Luxembourg as part of its goal to continue to expand its global network.
January 10 -
Although CMBS delinquency rates have not seen the double-digit rates many industry analysts predicted would have happened by now, maturing 2007 vintage deals can change that picture.
January 10 -
Freddie Mac is making it easier for investors to track the performance and credit quality of its multifamily MBS known as 'K Certificates.'
January 10
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Venable has hired a capital markets attorney with a background in derivatives transactions and regulations.
January 10 -
RBC Capital Markets has named Marc Fleischman to the position of head of hedge fund relationship management within the firm's Global Trading Client Management (GTCM) group.
January 10 -
The rising number of MBS lawsuits drove the mortgage litigation index to its highest level since it was first issued in 2007.
January 10 -
Despite the general market volatility, the timeshare industry has benefited from the steps taken to further increase efficiencies, DBRS analysts said late yesterday in a comment.
January 10 -
In his eight years on the Senate Banking Committee, Rick Santorum was an infrequent presence at committee hearings, even though his office was located on the same floor of the Dirksen office building as the committee's hearing room.
January 10 -
Federal regulators must levy fines against residential servicers under their purview to show there are real consequences for their "severe misconduct," according to Federal Reserve governor Sarah Bloom Raskin.
January 10 -
When foreclosure and short sales are excluded from the CoreLogic home price index, it shows that values declined just 0.6% over the 12 months ending Nov. 30.
January 9