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The National Information Center released consolidated financial statements for bank holding companies for 2Q11.
August 15 -
Even though more nationwide consumers are paying their credit card payments on time, mortgage delinquencies of 60-days or more have increased since 2007, according to an Experian report.
August 15 -
Fitch Ratings has finalized its new criteria for projecting losses on prime RMBS.
August 15 -
U.S. subprime credit default swap prices recovered in July after being adversely affected in June by the Maiden Lane auctions and the problem looks unlikely to recur, according to Fitch Solutions' index.
August 15 -
There is no plausible manner for Bank of America Corp. (BAC) to disclaim the Countrywide Financial Corp. (CFC) bonds, according to analysts from Covenant Review.
August 15 -
When it comes to qualified residential mortgages (QRM), industry and consumer groups like to say they are united, arguing that too strict a QRM definition will result in disqualifying many otherwise creditworthy borrowers. But not everyone is of that mindset.
August 15 -
Credit-default swaps on Bank of America, the nation's largest residential servicer, this week surged to the highest level since April 2009 before paring those gains.
August 12 -
Deutsche Bank has been chosen to sell Aurora Loan Services (ALS), the Colorado-based mortgage banking division of Aurora Bank, according to industry officials.
August 12 -
Home Loan Servicing Solutions (HLSS), a newly formed Cayman Island corporation controlled by Ocwen CEO Bill Erby, plans to sell 18.3 million shares in its IPO, raising $316.3 million from investors.
August 12 -
If there was ever any doubt that the mortgage market is in the midst of a restructuring, consider this: roughly $260 billion of mortgage servicing rights (MSRs) are currently up for grabs.
August 12