Subprime Lending
Latest Posts
Alleged ‘Fee-Splitting’ at Fidelity Leads to Class-Action
Jan 28, 2008The Associated Press broke a story Wednesday of last week which, to say the least, has the default servicing industry buzzing. A lawsuit, filed Jan. 16 in the U.S. Bankruptcy Court in Houston, claims that Fidelity National Information Services Inc., engaged in “undisclosed kickback/sharing of bankruptcy creditor attorney fees to a non-law firm corporate entity.” From the Associated Press:
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Clayton Strikes Deal with NY AG, Will Aid Securitization Investigation
Jan 28, 2008 -
MERS the Target of Class-Action Suit in Minnesota
Jan 25, 2008 -
California Legislators to Consider Sweeping Mortgage Reform
Jan 24, 2008 -
Ohio Attorney General Sues Freddie Mac
Jan 23, 2008 -
Report: Fannie Mae Faces Questions on Mortgage Insurance Exposure
Jan 23, 2008 -
Credit Suisse: GSEs Face $16 Billion in Losses
Jan 22, 2008 -
Ghost of First Franklin Helps Swing National City to Q4 Loss
Jan 22, 2008 -
Twelve ABX Indices Hit All-Time Lows
Jan 18, 2008 -
HOPE NOW: Number of Borrowers Helped Rising Rapidly
Jan 18, 2008 -
UBS Shakes Up ABS Operations; Will Pull out of Fixed-Income Proprietary Trading in U.S.
Jan 18, 2008 -
WaMu Posts $1.87 Billion Q4 Loss on Mortgage Woes
Jan 17, 2008
