Archive for November, 2011

JPMorgan Says It Didn’t Dupe CUs over Risky MBS

JPMorgan Chase late last week rebutted federal claims that it misled four now defunct corporate credit unions into buying $1.5 billion of risky MBS and pointed the finger – as NCUA’s own internal reviews have – at the management of the failed corporates and at NCUA’s own examiners. View full post on National Mortgage News Share [...]

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Rogue Agents: Real Estate Theft Cases Keep Rising

Back in February, the number of unresolved investigations of rogue real estate agents in Florida reached 600, with cases lingering for months and years. View full post on real estate – Yahoo! News Search Results Share and Enjoy:

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MBS MID-DAY: 10/31/2011

Posted To: MBS Commentary MBS Live : MBS MID-DAY Open MBS Live Dashboard FNMA 3.5 101-19 : +0-19 FNMA 4.0 103-30 : +0-15 FNMA 4.5 105-24 : +0-10 FNMA 5.0 107-19 : +0-06 GNMA 3.5 103-17 : +0-21 GNMA 4.0 106-21 : +0-17 GNMA 4.5 108-21 : +0-11 GNMA 5.0 109-28 : +0-06 FHLMC 3.5 [...]

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iPhones, Tablets Render CFPB Disclosure Obsolete

Prospective borrowers are using mobile devices to find information on homes for sale and on loan products. By the time a consumer receives the proposed loan estimate, he or she has already completed the loan shopping process. But a proposed loan estimate disclosure from the Consumer Financial Protection Agency unnecessarily focuses on enabling consumers to [...]

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