Content Category: Required Reading
Greenwich Estate Sells For Record $120 Million
on Wednesday April 16 2014 by print the content item
One of the most expensive single-family residential properties in the U.S. sold last week for a whopping $120 million. Copper Beech Farm, a 51-acre property [read more]
Bank Of America Settles With FGIC For $950 Million
on Wednesday April 16 2014 by print the content item
Bank of America Corp. will pay $950 million to settle claims brought by mortgage insurer Financial Guaranty Insurance Co. (FGIC) and several groups of investors [read more]
Ellie Mae: Network Outage Was Not Due To Malicious Attack
on Monday April 14 2014 by print the content item
Loan origination system (LOS) provider Ellie Mae reports that the recent network outage that affected its customers two weeks ago was not due to a [read more]
AMCs Generally Receptive To Proposed 'Minimum Requirements' Rule
on Tuesday April 08 2014 by Patrick Barnard print the content item
Six federal agencies including the Office of the Comptroller of the Currency (OCC) and the Consumer Financial Protection Bureau are currently collecting public comments on [read more]
Fenway Summer Acquires Ethos Lending, Gears Up To Offer 'Non-QM' Loans
on Monday April 07 2014 by print the content item
Fenway Summer, the advisory and venture firm launched last year by former Consumer Financial Protection Bureau (CFPB) Deputy Director Raj Date, is gearing up to [read more]
OIG Says CFPB Isn't Following Its Own Examination Guidelines
on Friday April 04 2014 by print the content item
The Consumer Financial Protection Bureau (CFPB) needs to improve the efficiency of its program for supervision of banks and non-banks, the Office of the Inspector [read more]
Senate Finance Committee To Act On Mortgage Debt Forgiveness
on Wednesday April 02 2014 by print the content item
The Senate Finance Committee is expected to mark up a bill on Thursday that would extend 45 tax provisions - including the Mortgage Debt Forgiveness [read more]
Waters Introduces Yet Another Housing Finance Reform Bill
on Thursday March 27 2014 by print the content item
Rep. Maxine Waters, D-Calif., the ranking Democratic member of the House Financial Services Committee, has introduced another proposal for housing finance reform. Like the other [read more]
OIG: Property Preservation Companies Need Better Controls
on Wednesday March 26 2014 by print the content item
Property preservation companies need better controls in place to ensure that the property inspection reports their sub-contractors submit are accurate, a recent audit conducted by [read more]
RealtyTrac Launches Tax, Deed And Mortgage Data Licensing Business
on Wednesday March 26 2014 by print the content item
Property data and analytics firm RealtyTrac has entered the tax, deed and mortgage data licensing business, making it the first new entrant in the business [read more]
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