Prosecutors comb through Wall Street’s mortgage deals
Wednesday, March 16th, 2011Wall Street’s biggest banks are facing a new legal onslaught, as regulators and state and federal prosecutors pore over their activities in the mortgage market in the run-up to the credit crisis.
Hey, Mortgage Industry: Nobody Trusts You
Wednesday, March 16th, 2011The mortgage banking industry knows it’s not the most popular kid on the block right now, but it tried to put a positive face on the state of the industry during a convention in New York on Monday.
Mortgage Approval Rise Shows ‘Stable Market’
Wednesday, March 16th, 2011Mortgage approvals hit their highest level of 2010 last month, according to the British Bankers Association.
Mortgage applications drop despite rates
Sunday, March 13th, 2011Report Examines Private-Sector Lending in Housing Boom
Sunday, March 13th, 2011A new report by the regulator of Fannie Mae and Freddie Mac shows that mortgage securities packaged by Wall Street firms and mortgage banks have had substantially worse outcomes than securities backed by the two mortgage titans.
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