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The Mortgage Bankers Association (MBA) is asking the Consumer Financial Protection Bureau (CFPB) to sit down with key stakeholders as it continues to revise mortgage disclosure forms.
July 7 -
Last week's Bank of America proposed settlement might prove to be an interesting turn of events for the U.S. attorneys general that have been seeking compensation for borrowers who were "victimized" by servicing misconduct.
July 6 -
Residential Mortgage REITs in the second quarter are generally likely to continue seeing results more or less in line with the prior one despite a somewhat volatile operating environment between April and June, according to some analysts.
July 6 -
The U.S. Treasury today gave an update on its continued orderly wind down of its agency guaranteed MBS portfolio.
July 6 -
The Mortgage Bankers Association (MBA) has released its Commercial Real Estate (CRE)/Multifamily Finance Quarterly Data Book for 1Q11, showing the “turn of the real estate cycle.”
July 6 -
Rep. Gary Miller, R-Calif., has drafted a GSE reform bill that would merge Fannie Mae and Freddie Mac and convert them into a secondary market utility that issues government-backed mortgage securities.
July 6 -
Mortgage application activity declined 5.2% for the week ending July 1, according to the Mortgage Bankers Association (MBA).
July 6 -
Mortgage servicers participating in the Home Affordable Modification Program (HAMP) are starting to use principal reduction more often to help underwater borrowers and make their payments more affordable.
July 6 -
A new report by Bank of America Merrill Lynch examines the credit burnout phenomenon and its potential to allow underwater, but not yet delinquent, borrowers to demonstrate their creditworthiness.
July 6 -
American Banker sat down for an extensive exit interview with FDIC Chairman Sheila Bair, who will leave office on July 8. Following is an edited transcript.
July 6