Wednesday , 30 September 2020

Around The Web

Lawsuits Against U.S. Bancorp and Bank of America Dismissed

By Brian Honea A federal judge dismissed claims in lawsuits against U.S. Bancorp and Bank of America accusing the two banks of failing in their duties as trustees for residential mortgage-backed securities that were allegedly found to have defects after they were sold, causing billions of dollars in losses to investors. The post Lawsuits Against U.S. Bancorp and Bank of …

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DS News Webcast: Wednesday 5/20/2015

By Jordan Funderburk Both the national composite default index and both mortgage default indices posted historical lows in April, according to S&P Dow Jones Indices and S&P/Experian Consumer Credit Default Indices for April 2015 released Tuesday. April’s composite default index fell by eight basis points from March down to a historical low of 0.97 percent, its lowest level since July …

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Fannie Mae Announces Pricing For Latest Credit Risk Sharing Transaction

By Brian Honea The latest note offering in the CAS series (Series 2015-C02) is scheduled to settle on May 27 and is consistent with prior transactions. This transaction includes reference loans with original LTVs up to 97 percent, according to Fannie Mae. The post Fannie Mae Announces Pricing For Latest Credit Risk Sharing Transaction appeared first on DSNews. Via:: Fannie …

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Top Mortgage Banking Execs Convene for Inaugural Five Star Alternative Disposition Forum

By Brian Honea Collaboration was the theme as several of the mortgage banking industry’s top executives convened at the Five Star Institute’s inaugural Alternative Disposition Forum Tuesday in Las Colinas, Texas, to discuss ideas, opinions, insights, and strategic opportunities in the alternative disposition space. The post Top Mortgage Banking Execs Convene for Inaugural Five Star Alternative Disposition Forum appeared first …

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U.S. Bancorp and Bank of America Lawsuit Dismissed

By Brian Honea A federal judge dismissed claims in lawsuits against U.S. Bancorp and Bank of America accusing the two banks of failing in their duties as trustees for residential mortgage-backed securities that were allegedly found to have defects after they were sold, causing billions of dollars in losses to investors. The post U.S. Bancorp and Bank of America Lawsuit …

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Judge Dismisses RMBS Complaints Against Bank of America, U.S. Bancorp

By Brian Honea Likewise, Forrest ruled that investors based in Ireland and the Cayman Islands lacked standing to sue the two banks. All of the plaintiffs were given a chance to amend their complaints. The post Judge Dismisses RMBS Complaints Against Bank of America, U.S. Bancorp appeared first on DSNews. Via:: Judge Dismisses RMBS Complaints Against Bank of America, U.S. …

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IDS Achieves Four out of Five TRID Milestones

By rachelwilliams As preparations continue across the industry for the impending August 1 TILA/RESPA Integrated Disclosures (TRID) deadline, International Document Services, Inc. (IDS) announced it has achieved four of its five major development milestones for TRID implementation. The post IDS Achieves Four out of Five TRID Milestones appeared first on theMReport.com. Via:: IDS Achieves Four out of Five TRID Milestones …

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