Google+
  • Ocwen2.71-0.08 -2.87%
  • Zillow40.44-0.41 -1.00%
  • Trulia47+0 +0%
  • NationStar17.06-0.08 -0.47%
  • CoreLogic45.60+0.24 +0.53%
  • RE/MAX60.80+0.20 +0.33%
  • Fannie Mae2.81+0.08 +2.89%
  • Freddie Mac2.73+0.10 +3.80%
  • Wells Fargo52.695-0.155 -0.293%
  • CitiMortgage67.88-0.09 -0.13%
  • Bank of America24.295-0.175 -0.715%
  • Fidelity National Financial48.28+0.53 +1.11%
  • First American49.02+0.48 +0.99%
  • Black Knight Financial Services42.40+0.35 +0.83%
  • AUDUSD=X0.7918+0.0095 +1.2118%
  • USDJPY=X110.0810-0.5040 -0.4558%
Home | News | Secondary Market (page 30)

Will Banks Benefit From Recent Non-Performing Loan Sales by GSEs?

money-steps

While the demand for high-quality mortgage-backed securities has been slow since the housing crisis, Fitch said that more major institutional buyers that are hungry for new, higher-yielding investment opportunities have emerged as suitors for bulk NPL pools. Previously, distressed mortgage buyers tended to be specialized alternative investment firms.

Read More »

Bank of America Asks for Removal of $1.27 Billion Penalty, Questions Judge’s Impartiality

courtroom-justicescales

Bank of America was ordered to pay a $1.27 billion civil penalty in July 2014 as a result of its alleged role in the Hustle case. The bank has been fighting to overturn that verdict since, claiming that the Hustle program ended prior to its July 2008 acquisition of Countrywide. Rakoff rejected a motion by the bank to have the verdict reversed in early February. He also rejected the bank's motion for a new trial at that time.

Read More »
Scroll To Top