Tag Archives: Goldman Sachs

CEOs of eight of the largest U.S. banks, including Bank of America, CitiGroup, and more, appeared before the House Financial Services Committee to discuss how policies and procedures have changed since the financial crisis.

Click through for some of the big-ticket news impacting the housing market and a report that is likely to affect the overall economy and housing as the nation goes to vote.

Goldman Sachs is approaching the billion-dollar mark for mandated consumer-relief actions stemming from two mortgage-related settlement agreements with the U.S. Department of Justice and three states. Professor Eric D. Green, who serves as independent Monitor for the company’s consumer-relief agreements, ...

According to a tally released Tuesday by New York-based investment banking firm Keefe, Bruyette & Woods, banks have been fined $243 billion since the financial crisis in 2008. As reported by Marketwatch, repayment of the fines involves a mixture of ...

After nearly a month of marketing, Fannie Mae has sold off more nonperforming loans totaling $581 million in unpaid principal balance. This is the company’s 10th nonperforming loan sale to date. In a continued effort to reduce the number of delinquent loans in its portfolio, the lender has unloaded about 3,400 notes.

The company recently purchased about 8,000 loans with unpaid balances of $1.4 billion from Fannie Mae.

With fluctuating mortgage rates under watch, many are speculating about what the future of mortgage rates will look like in the years to come, especially with the possibility of GSE reform.

The Federal Reserve Board ordered Goldman Sachs Group to pay a civil money penalty for its unauthorized use and disclosure of confidential supervisory information and to implement an enhanced program to ensure the proper use of confidential supervisory information.

The first and second quarters of 2016 told different stories for Goldman Sachs with regards to earnings and overall business operations.

Like nearly every financial firm that reported earnings for Q1, Goldman Sachs' profits took a major hit. What drove the decline?