The United States Court of Appeals for the Second Circuit handed Bank of America a massive victory, and dealt the Department of Justice a major blow, Monday when it overturned a $1.27 billion penalty against the megabank in a fraud case over defective mortgages sold by Countrywide, as first reported by Reuters.
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Latest Analysis: Mortgage Rates Surge to Highest Levels Since February | ||||||||||||||||||||||||||||||||||||||||||||
| Mortgage And Real Estate News | ||
| Mortgage Rates Surge to Highest Levels Since February While no one can be sure exactly how things will pan out in the long run, the market is currently expressing extreme disapproval of the new tariff plans. While interest rates had previously bene... | ||
| DPA, Subservicing, Credit Optimization Tools; Could Tariffs Impact MBS Dema... Today I travel to the Dallas area for a Logan Finance event, and this comment from a friend last night is echoing in my ears: “Becoming an adult is the dumbest thing I’ve ever done.” Yes, we have to w... | ||
| Worst 24 Hours For Rates So Far This Year Tariff volatility giveth and taketh from interest rates. Up until Friday afternoon, it's been mostly "giveth-ing." In other words, the prospect of trade wars between the US and numerous fo... | ||
| Valuation, Price Specials, Referral Tools; In-Person Events; Slow Economy E... “Many people told Beethoven that he would never be a musician because he was deaf. Did he listen?” This week hundreds of mortgage bankers descend on Washington DC for the annual advocacy conference or... | ||
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