First Marblehead experienced a net loss increase of $23.0 million from the previous year's comparable quarter.
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Financial analysts are unfazed by Moody's Investors Service's downgrade of MBIA and National Public Finance Guarantee Corp. (NPFG).
December 21 -
The Federal Housing Finance Agency (FHFA) is considering a plan that would help underwater homeowners who have filed for Chapter 13 bankruptcy protection.
December 21 -
The Federal Reserve has proposed to include conventional mortgages under ‘highly liquid assets’ for liquidity coverage ratio (LCR) purposes.
December 21 -
House Democrats are pushing back on the Federal Housing Finance Agency's (FHFA) move to block the city of Chicago from enforcing an ordinance that requires Fannie Mae and Freddie Mac to register their foreclosed properties with the city.
December 21 -
Fannie Mae released an updated Seller Guide that included a major change in its Home Affordable Refinance Program (HARP) rules yesterday.
December 21
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Daniel Mudd, the former Fannie Mae CEO who is the subject of a new, massive Securities and Exchange Commission (SEC) fraud suit, announced Wednesday morning that he is taking a leave of absence from his current employer, Fortress Investment Group (FIG), New York.
December 21 -
The combined value of loans in CMBS pools hardly budged from October to November, according to data released today from DebtX. Based on loans that the advisory firm prices, the figure at the end of November was 85.2%, from 85.3% on Oct. 31.
December 21 -
Federal regulators on Tuesday disclosed one of the best kept secrets in town: how they planned to regulate the largest U.S. banks and what additional capital and liquidity firms would now need to hold.
December 21 -
It's been three long years since the GSE “buyback” wars commenced in earnest, and you would think by now the worst might be over. Well, think again.
December 21 -
Last week the Senate passed a payroll tax compromise (H.R. 3630) containing a provision to raise GSE and Federal Housing Administration (FHA) guarantee fees by 10 basis points on new originations.
December 20 -
House GOP lenders want to conference with the Senate on a full-year extension. But Senate majority leader Harry Reid, D-Nev., maintains he will not start negotiations until the House passes the two-month extension that the Senate approved Saturday by a 89-10 vote.
December 20 -
Federal regulators unveiled a highly-anticipated proposal Tuesday that details how they plan to regulate the largest domestic financial firms, including new capital and liquidity requirements.
December 20