The FDIC claims the investment banking firm sold toxic residential mortgage-backed securities to three failed banks.
Read More »Counsel’s Corner: HOA Super-Priority Lien Issue Not as Clear After Court Opinion
The latest opinion by the Nevada Supreme Court on HOA foreclosures and super-priority liens was supposed to provide more clarity for the industry, but did it? Jon Patterson and Aaron Chastain of Bradley Arant Boult Cummings discuss.
Read More »FHFA Allows for Third Parties to Solve Loan Repurchase Disputes
The IDR process is specifically designed to address alleged loan-level breaches of selling representations or warranties that remain unresolved after completion of the appeals process.
Read More »Kentucky Amends Foreclosure Sale Rules
In an effort to create a more uniform process in judicial foreclosure sales, the Kentucky Administrative Office of the Courts has amended the Rules of Administrative Procedure that govern the role and duties of the master commissioners of the circuit court.
Read More »From Distressed to Success? Lawmakers Demand More Info from HUD
Do investors and private equity firms that buy distressed loans really help borrowers achieve the best outcomes? Two Democratic lawmakers want to know.
Read More »BP Fisher Law Group Moves Maryland Office to New Location
BP Fisher Law Group, LLP, a firm that provides cradle-to-grave loss mitigation and default related services for commercial lenders with non performing loans (NPLs), recently announced that it has moved its Maryland office.
Read More »Freddie Mac Further Expands Credit Risk Sharing Initiatives
The GSE continues to transfer credit risk away from taxpayers to private investors and expand its investor base.
Read More »Citigroup Starts to Show Distressed Consumers the Money
The bank has until 2018 to pay the remaining $1.8 billion in consumer relief under the terms of the settlement.
Read More »Economic Uncertainty Is Not Dampening Housing for 2016, So Far
The indicators show that the spring of 2016 will be the best season in a decade for the housing market.
Read More »Falling Fast: UPB of Fannie Mae’s Mortgage Portfolio Plummets
In December, the portfolio's value fell even further below the cap for 2015 and remains slightly higher than the 2016 cap.
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