Eric Holder Launches Probe Into Mortgage-Backed Securities Fraud – International Business Times

U.S. Attorney General Eric Holder Friday announced the formation of a task force focused on probing residential mortgage-backed securities following President Barack Obama’s call for a unit to probe the finance industry’s conduct leading up to …
Go to Source

BofA Continues To Fall In U.S. Mortgage Lender Rankings – Huffington Post

Jan 26 (Reuters) – Bank of America Corp was the fourth-biggest U.S. mortgage lender in the fourth quarter of 2011, continuing its descent in the rankings after it stopped buying loans made by smaller banks. The second-largest U.S. bank in 2008 …
Go to Source

BofA Continues To Fall In U.S. Mortgage Lender Rankings – Huffington Post

Jan 26 (Reuters) – Bank of America Corp was the fourth-biggest U.S. mortgage lender in the fourth quarter of 2011, continuing its descent in the rankings after it stopped buying loans made by smaller banks. The second-largest U.S. bank in 2008 …
Go to Source

Outlook for U.S. mortgage settlement: partly cloudy – Reuters

(Reuters) – The outlook for securing a broad mortgage settlement that would bring housing relief nationwide has clouded, as California on Wednesday said the latest proposal is inadequate and New York was tapped to help lead a separate mortgage
Go to Source

Outlook for U.S. mortgage settlement: partly cloudy – Reuters

(Reuters) – The outlook for securing a broad mortgage settlement that would bring housing relief nationwide has clouded, as California on Wednesday said the latest proposal is inadequate and New York was tapped to help lead a separate mortgage
Go to Source

Mortgage refinancers rush to duck fee hike – Bankrate.com

Mortgage rates remained near record lows this week as a wave of refinancers rushed to beat higher mortgage fees that could soon make the most common type of mortgage slightly more expensive for borrowers. 30 year fixed rate mortgage – 3 month …
Go to Source

Obama Creates Unit to Probe Mortgage Misconduct by Banks – Businessweek

Jan. 25 (Bloomberg) — President Barack Obama’s mortgage investigation unit will probe bank conduct that created the housing bubble and bust, including the packaging of loans into securities, the New York Attorney General said. The president …
Go to Source