Legal
Stay in-the-know on legal news for the mortgage, housing and finance industries.
Latest Posts
British Housing Stabilizing, Slowly and Surely
Aug 06, 2009The British housing market is showing signs of stabilization, though monetary policy and master trust performances remain key areas of caution. The Bank of England’s Monetary Policy Committee voted to keep the official bank interest rate at 0.5%. While very low, the committee could have reduced it even further to promote lending but deemed it unnecessary. The committee also voted to increase its commitment to the asset purchasing program with the financing of an additional £50bn (US$83.8bn) in central bank reserves, bringing the new total investment to £175bn.
-
MBIA’s Profit Narrows to Less Than $900m
Aug 06, 2009 -
Servicers Initiate 230,000 HAMP Trials, Says Treasury
Aug 04, 2009 -
JD Power Finds 56% of Home Buyers are First-Timers
Jul 31, 2009 -
Appraisal, Default Services Push First Am’s Profits
Jul 30, 2009 -
IRS Opens Investigations on Homebuyer Tax Credit Abuse
Jul 29, 2009 -
Chase Brings on 250 to Servicing Center
Jul 27, 2009 -
US RMBS Trading Boosts Credit Suisse
Jul 24, 2009 -
The Hooters Waitress Who Makes $25,000 a Month
Jul 22, 2009 -
Two More Servicers Sign up for Treasury’s HAMP
Jul 17, 2009 -
WFC Brings Suit Against WFC
Jul 17, 2009
