S&P/Case-Shiller: November Home Prices Showed Strength
Home prices continued to rise in November, according to data released by S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices. Average...
Radio Talk Show Host Charged With $10M Mortgage Fraud
A radio talk show host billed as 'The People's Attorney' might need an attorney after federal officials charged him with a $10 million...
Treasury Faulted On ‘Excessive Pay’ For Bailed Out Executives
The U.S. Department of the Treasury is being accused of failing to 'rein in excessive pay' for the executives of companies that received...
Feb. 4 Webinar Discusses Possible Voiding Of Cordray Appointment
The law firm Ballard Spahr is hosting a free webinar on Feb. 4 to discuss the implications of last week's D.C. Circuit Court...
HUD May Demand $7M Repayment From Mass. Housing Authority
The U.S. Department of Housing and Urban Development (HUD) may demand that a municipal Massachusetts housing authority return $7 million in grants that...
Pending Home Sales Closed 2012 With A Decline
Pending home sales declined in December 2012, but nonetheless remained above year-ago levels for 20 consecutive months, according to new data from the...
Wolin To Fill Treasury Gap Left By Geithner
Nature abhors a vacuum, and so does the U.S. Department of the Treasury: Deputy Treasury Secretary Neal Wolin, currently the No. 2 person...
FHLBank Boston Awards $30.3M To Affordable Housing Projects
The Federal Home Loan Bank of Boston (FHLBank Boston) has awarded $30.3 million to support 48 affordable housing initiatives in the six New...
Court Ruling Raises Question On Legality Of Cordray Appointment
A three-judge panel of the U.S. Court of Appeals for the D.C. Circuit has ruled that President Obama did not have the constitutional...
Shiller: Talk Of Housing Recovery Is Premature
Robert Shiller is looking into the future of the housing market, and he is not optimistic. 'The housing market has been declining for...
Record Number Of Bank Branch Closings In 2012
There were fewer bank branches operating across the country last year - 1,118 fewer, to be precise. CNN reports that a new study...
FHFA Settles Lawsuit Against General Electric
The Federal Housing Finance Agency (FHFA) has reached a deal with General Electric Co. (GE) to settle the agency's lawsuit related to a...
Obama Re-Nominates Cordray To Lead CFPB
President Obama has launched a sequel to one of the most contentious controversies of his first term by re-nominating Richard Cordray to lead...
Mortgage Brokers Group Blasts CFPB’s Compensation Rule
The National Association of Mortgage Brokers (NAMB) has come out against the new loan officer compensation rules issued by the Consumer Financial Protection...
GAO: Half Of Dodd-Frank Rules Remain Unfinished
A new report issued by the U.S. Government Accountability Office (GAO) found that the federal regulators ended 2012 with less than half of...
Citigroup Named Top REIT Equity Underwriter Of 2012
Citigroup Inc. has been named by the Wall Street Journal as the top equity underwriter for real estate investment trusts (REITs) in 2012,...
Harvard Report Forecasts Increased Activity In Home Remodeling
The U.S. remodeling industry appears to be pulling out of its downturn, and a renewal of the nation's housing stock is under way,...
FFIEC Takes On Social Media Guidance
In new outreach that will probably not provoke LOLs across the financial services industry, the Federal Financial Institutions Examination Council (FFIEC) has released...
Envoy Mortgage Creates Correspondent Lending Division
Houston-based Envoy Mortgage is expanding its nationwide mortgage origination offerings by launching a correspondent lending division with its operations center located in Monroe,...
Sen. Corker Cautions Regulators About QRM Rules
Sen. Bob Corker, R-Tenn., has sent a letter to the federal banking regulators requesting simplified and synchronized underwriting standards for new qualified residential...