Outlook for Mortgage Market: Feels Like ‘Groundhog Day’ – Wall Street Journal
LAS VEGAS—The American Securitization Forum returned here after a two-year hiatus for an annual meeting with little of the optimism for a quick turnaround in the market for mortgage-backed securities that had marked previous events. Instead of …
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More Mortgage Stuff:
A federal regulator said it sent 64 subpoenas to issuers of mortgage-backed securities and other entities in an effort to probe whether the firms misled Fannie Mae and Freddie Mac, two of the biggest investors in … Go to Source…
A federal regulator said it sent 64 subpoenas to issuers of mortgage-backed securities and other entities in an effort to probe whether the firms misled Fannie Mae and Freddie Mac, two of the biggest investors in … Go to Source…
Two lawmakers, a California Republican and a Michigan Democrat, are set to unveil legislation Thursday to replace mortgage giants Fannie Mae and Freddie Mac with at least five private companies that would issue mortgage-backed securities with explicit … Go to Source…
… with commercial mortgage-backed securities. Perkins Coie said former Greenburg Traurig shareholder Steven Smith has joined the new office and will serve as partner in charge. Smith’s practice will focus on lending and real estate workouts … Go to Source…
… past practices of our industry,” said Ralph Daloisio, chairman of the American Securitization Forum … 000 mortgages for taxicab drivers. The Obama administration has given no indication of how it intends to restructure the mortgage funding … Go to Source…
Mortgage lending declined last year amid weak demand and tight credit standards, with particularly sharp credit contractions in neighborhoods with many foreclosures, according to the Federal Reserve. In its annual analysis of mortgage data … Go to Source…
Schemes that prey on struggling homeowners heading toward foreclosure are “the cash cow right now,” says Yolanda McGill, senior counsel for the Fair Housing and Fair Lending Project of the Lawyers’ Committee for Civil Rights Under Law. Some … Go to Source…
The volume of mortgage applications filed in the U.S. last week fell a seasonally adjusted 4.9% from the previous week, the Mortgage Bankers Association reported Wednesday, as refinancing continued to retreat after driving volume higher earlier … Go to Source…
Frank Pallotta, managing partner for the Loan Value Group Llc, talks about the practice of “strategic” foreclosures and the impact on the housing market. Pallotta speaks with Mark Crumpton on Bloomberg Television’s “Bottom Line.” Go to Source…
Frank Pallotta, managing partner for the Loan Value Group Llc, talks about the practice of “strategic” foreclosures and the impact on the housing market. Pallotta speaks with Mark Crumpton on Bloomberg Television’s “Bottom Line.” Go to Source…
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