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Category Archives: Mortgage News
Fed sees economy on ‘firmer footing’
-Bloomberg Federal Reserve policy makers said the recovery is gaining strength and that higher energy prices will have a temporary effect on inflation, while reaffirming plans to buy $600 billion of Treasuries through June. “The economic recovery is on a … Continue reading
Posted in Economy, Federal Reserve, Mortgage News, Regulations
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Preemption After Dodd-Frank May Not Be as Weak as You’ve Heard
By Cheyenne Hopkins –American Banker For eight months after the enactment of the Dodd-Frank Act, it has been conventional wisdom that federal preemption of state banking laws was rolled back at least somewhat, dealing the Office of the Comptroller of … Continue reading
Posted in Dodd Frank, Economy, Mortgage News
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Regulators Demanding Clearer Picture of Risk from Banks
By Joe Adler –American Banker Not long before the subprime mortgage crisis metastasized into a global financial crisis, it dawned on U.S. regulators that they had a huge blind spot. “Nobody had a clue where all those mortgages were being … Continue reading
Posted in Mortgage News, Regulations
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Banks Face Fight Over Mortgage-Loan Buybacks
While mortgage delinquencies are easing, banks are facing a new round of losses from loans made just before the financial crisis, and the fight to keep them off their balance sheets is intensifying. Leading the charge to make originators repurchase … Continue reading
Posted in Mortgage News
Tagged Bank Buyback, Buybacks, Loan Repurchases., Repurchase Request
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