August 14, 2015
Smoldering FIRREA
American Banker quoted me inĀ Banks Take Losses in MBS Case Appeals; Is Supreme Court Next? (behind a paywall) The story reads, in part, Banks that sold faulty mortgage-backed securities right before the crisis have suffered a string of legal defeats … Continue reading
August 14, 2015 in FDIC | Permalink | No Comments
July 28, 2015
Optimizing Mortgage Availability
The United States Government Accountability Office (GAO) has issued a report, Mortgage Reforms: Actions Needed to Help Assess Effects of New Regulations. The GAO did this study to predict the effects of the Qualified Mortgage (QM) and Qualified Residential Mortgage … Continue reading
July 28, 2015 in FDIC | Permalink | No Comments