Banking
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Modifications Score Big on FHFA’s Foreclosure Report Card
Apr 16, 2009The volume of modifications completed by government-sponsored entities (GSEs) Fannie Mae [stock FNM][/stock] and Freddie Mac [stock FRE][/stock] rose 76 percent from Q308 to Q408, according to the quarterly Foreclosure Prevention Report issued Wednesday by the Federal Housing Finance Agency (FHFA). The agencies modified nearly 24,000 loans during the fourth quarter, according to the FHFA’s report, which studies the 30.7m first lien residential mortgages serviced on behalf of both GSEs as of year-end ’08.
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JPMorgan Chase Beats Street; Mortgages Still a Problem
Apr 16, 2009 -
Mortgage Lending Up, Capital Purchases Down: TARP Update
Apr 16, 2009 -
Six Servicers Get $9.9B For Loan Modifications
Apr 15, 2009 -
Mistaken Identity Hits Lighthouse Real Estate Solutions
Apr 15, 2009 -
Cimino Aboard iServe Team; GMAC ResCap Hires
Apr 15, 2009 -
California Defaults Soar in March
Apr 15, 2009 -
UBS Expects Loss, Head Count Reduction
Apr 15, 2009 -
AllRegs Enhances State Compliance Package
Apr 15, 2009 -
Bernanke on Non-Banks: Passover to a New Rule Book
Apr 14, 2009 -
Are ‘Affordable Mortages’ a Myth?
Apr 13, 2009
