Home >> Tag Archives: Credit Suisse

Tag Archives: Credit Suisse

Capital One Sells $17 Billion of Mortgages

In keeping with its intention to move out of the residential mortgage lending space, Capital One recently sold its first and second lien mortgages to a Credit Suisse subsidiary. Here’s how the funds from this transaction are likely to be used.

Read More »

FHFA, Credit Suisse Reach $885M Agreement

According to separate releases from both FHFA and Credit Suisse, the bank will pay approximately $234 million to Fannie Mae and approximately $651 to Freddie Mac—$885 total. The settlement—the ninth out of 18 suits filed against banks by the FHFA in 2011—closes all claims against Credit Suisse in two lawsuits: FHFA v. Credit Suisse, et al. and FHFA v. Ally Financial Inc., et al.

Read More »

GET THE NEWS YOU NEED, WHEN YOU NEED IT.

With daily content from MReport, you’ll never miss another important headline in originations, lending, or servicing. Subscribe to MDaily to begin receiving a complimentary daily email containing the top mortgage news and market information.