BofA, Mairone Found Liable in Mortgage Fraud Case #themreport
BofA, Mairone Found Liable in Mortgage Fraud Case
After hearing arguments for a month in a Manhattan federal court, a 10-person jury found Bank of American liable for one charge of fraud involving high-risk mortgages originated by Countrywide and then sold to the GSEs. Also found liable for fraud was Reb
House Passes Qualified Mortgage Rule; White House Threatens to Veto: http://themreport.com/news/government/11-18-2015/house-passes-qualified-mortgage-rule-white-house-threatens-to-veto
FOMC Minutes Show That An Interest Rate Hike Is Highly Likely In December: http://themreport.com/news/data/11-18-2015/interest-rate-hike-highly-likely-next-meeting-december-fomc-minutes-show
Minority Mortgage Access Remains Problematic Nationwide, Research Shows: http://themreport.com/news/data/11-18-2015/minority-mortgage-access-remains-problematic-nationwide-research-shows
Mortgage Originations Spiked by Positive National Credit Data: http://themreport.com/news/data/11-18-2015/mortgage-originations-spiked-by-positive-national-credit-data
CoreLogic Unveils Enahnced HomeEquity Data Offerings: http://themreport.com/news/technology/11-18-2015/corelogic-unveils-enhanced-homeequity-data-offerings
DOJ May Target RBS, JPMorgan Executives for Criminal Roles in Financial Crisis: http://themreport.com/news/government/11-17-2015/doj-may-target-rbs-jpmorgan-executives-for-criminal-roles-in-financial
Fed Chair Janet Yellen Urges Congress to Dismiss Increased Transparency Bill: http://themreport.com/news/government/11-17-2015/fed-chair-janet-yellen-urges-congress-to-dismiss-increased-transparency-
Mortgage Debt Still Weighing Heavy on Consumers: http://themreport.com/news/data/11-17-2015/mortgage-debt-still-weighing-heavy-on-consumers
House votes to place a cap on the salaries of Fannie Mae and Freddie Mac CEOs at $600K: http://themreport.com/news/government/11-16-2015/fannie-mae-freddie-mac-ceos-salaries-capped-at-600000
FHA's Mutual Mortgage Insurance Fund Surpasses Congress-Required Threshold: http://themreport.com/news/government/11-16-2015/fhas-mutual-mortgage-insurance-fund-surpasses-congress-required-threshold
Mortgage Lending Shifts to Digital Channels: http://themreport.com/news/data/11-16-2015/mortgage-lending-goes-digital
New York Fed President Applauds Housing Market Progress: http://themreport.com/news/government/11-13-2015/new-york-fed-president-applauds-housing-market-progress
LoanDepot Pulls IPO On Eve of Offering: http://themreport.com/news/origination/11-13-2015/loandepot-pulls-ipo-on-eve-of-offering
How the Industry Will Get eClosing Wrong: http://themreport.com/news/servicing/11-13-2015/how-the-industry-will-get-eclosing-wrong
Nationstar Settles 'Force Placed Insurance' Suits: http://themreport.com/news/servicing/11-12-2015/nationstar-settles-force-placed-insurance-suits
GSE's 'Recap and Release' touted by Former White House Advisors: http://themreport.com/news/government/11-12-2015/fannie-mae-freddie-mac-recap-and-release-touted-by-former-white-house-advisors
Home Prices Continue to Climb in Across Most Metros in Q3: http://themreport.com/news/data/11-12-2015/home-prices-continue-to-climb-in-across-most-metros-in-q3
Fannie Mae Challenges Government's Definition of 'Affordability': http://themreport.com/news/data/11-12-2015/fannie-mae-challenges-governments-definition-of-affordability
Mortgage Interest Rates Edge Up for Second Week in a Row: http://themreport.com/news/data/11-12-2015/mortgage-interest-rates-edge-up-for-second-week-in-a-row
First-Time Buyers Hindered By Down Payments: http://themreport.com/news/data/11-11-2015/first-time-buyers-hindered-by-down-payments
