An independent monitor reported on Thursday that JPMorgan Chase is about 97 percent of the way toward fulfilling its consumer relief obligation under the $13 billion RMBS settlement reached in November 2013.
Read More »Fairholme: Status Quo Makes Another Bailout ‘Inevitable’
The Net Worth Sweep, or the sweeping of all Fannie Mae and Freddie Mac profits into Treasury, has been under more intense scrutiny as of late.
Read More »Coalition Pushes for Stricter Wall Street Regulation
A group of progressives who believe that Wall Street is not regulated enough has organized a coalition in hopes of getting stricter rules passed.
Read More »Ocwen Cleared of RMBS Investors’ Allegations
What exactly did a year-long analysis of Ocwen's servicing operations from an independent consulting firm reveal?
Read More »The MReport Webcast: Wednesday 5/25/2016
New single-family home sales did something remarkable this month. Sales in this sector rose significantly month-over-month and year-over-year to reach the highest level since 2008 despite falling inventory ...
Read More »Clinton Dredges up Trump’s Crisis Comments
The two presumptive presidential candidates have engaged in a war of words over the housing crisis, with one candidate accusing another of being excited about the prospect of making money off of millions of families losing their homes.
Read More »The MReport Webcast: Tuesday 5/24/2016
The U.S. Second Circuit Court of Appeals has overturned a 1 point 27 billion dollar penalty imposed on Bank of America over the alleged misrepresentation of mortgage-backed securities ...
Read More »A Big Win for BOA in “Hustle” Case
Bank of America has been fighting for nearly two years to reverse a $1.27 billion penalty over Countrywide's "Hustle" mortgage program. Why did an appellate court reverse that penalty on Monday?
Read More »CFPB Plans Further Servicing Rules Updates
What updates did the Bureau announce to its mortgage servicing rules and TRID as part of the semiannual Spring 2016 Rulemaking Agenda?
Read More »What Would Housing Finance Reform Look Like Under Clinton?
Clinton's hiring of former NEC Director Gene Sperling may give an indication of which direction she plans to go with GSE reform.
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