A Tale of Two Earnings Reports
The Q4 earnings statements of U.S. Bancorp and Citigroup reported very different results for their mortgage sectors. The post A Tale of Two Earnings Reports appeared first on DSNews. Source: [...]
Supreme Court Blocks Fannie Mae’s Path to Federal Courts
The U.S. Supreme Court ruled on Wednesday that Fannie Mae cannot automatically bring state lawsuits to federal court, reversing an earlier decision by the Ninth Circuit Court. The post Supreme [...]
Finding the Silver Lining for Banks
The recent rise in mortgage interest rates has taken a cut from the mortgage banking lines of three of the largest banks, but the news was not all negative. The [...]
DOJ Settles Two RBMS Suits in a Week
One of the settlements included the largest RMBS solution of its kind for a single entity, according to the Department of Justice. The post DOJ Settles Two RBMS Suits in [...]
Debating the Merits of GOP’s Dodd-Frank Alternative
The Financial Choice Act, introduced last June by House Financial Services Committee Chairman Jeb Hensarling (R-Texas) and passed though the Committee in September, may come to the forefront again soon [...]
Rising Default Rates Not Indicative of Economy’s Health
Despite the increases in default rates among mortgages and other types of consumer credit, their levels still point to an economy on the mend, according to one analyst. The post [...]
Radian and LendingQB Expand Partnership
Integration will provide streamlined access to Radian MI for Non-Delegated Customers and ValuAmerica Appraisal Orders. The post Radian and LendingQB Expand Partnership appeared first on DSNews. Source: DS News
It’s Mnuchin’s Turn to Face the Senate
Treasury Secretary-designate Steve Mnuchin will face questioning from the Senate Finance Committee this week about his qualifications to lead the Department and his plans for the future. The post It’s [...]
Freddie Mac: Offloading More Credit Risk
Freddie Mac's single-family credit risk transfer programs had a "very good year," in 2016, according to one executive. The post Freddie Mac: Offloading More Credit Risk appeared first on DSNews. [...]