Bloomberg: Mortgage servicing needs fixing, and here's what should be done

Bloomberg: Mortgage servicing needs fixing, and here's what should be done

This has made the cost of servicing a non-performing loan five times more … While Bloomberg refers to servicing as the “plumbing” of the mortgage
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FBI to Hand Comey Memos on Trump Over to Judge Weighing Release

The FBI was ordered to let a judge review copies of former director James Comey's memos about his interactions with President Donald Trump before
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Best Real Estate Deals of the Year: Honoring the deals with the biggest impact

Each year, the Philadelphia Business Journal honors the Best Real Estate Deals of the year – anything from building sales to renovations to project
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A Busy Week for Housing Finance Reform

The presidential memo has significant policy implications, focusing on increasing the soundness of Fannie Mae and Freddie Mac and increasing
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Wells Fargo CEO Sloan Steps Down as General Counsel Takes Over

… interim basis by the bank's general counsel, C. Allen Parker, Bloomberg News reports. … More information is available on the Bloomberg Terminal.
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Introducing inaugural honorees for MBJ's Best Real Estate Deals

Money has to be secured, real estate brokers have to negotiate, and tenants and landlords are required to make big decisions. Those often intricate
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Deutsche Bank Denies Talk of Capital Increase by Management Board

Deutsche Bank AG said there have been no discussions in the management board about a capital increase in relation to a potential Commerzbank
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Transition Living Real Estate Team 2019 Workshops

April 9th 10 am to 11 am. Crerative Cash Flow for Vintage Players. Do you have a plan for retirement? If not this event can help. Debbie Everly
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Brainstorm Health: Brainstorm Health Conference, Clover Health Layoffs, Medicaid Work …

The fourth annual Fortune Brainstorm Health conference is just around the corner. As in, next week. As in, five days from now (April 2nd and 3rd at the
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Federal housing reform is headed in the right direction: Former Fannie Mae executive

“Hopefully this is an earnest step forward towards getting Fannie Mae and Freddie Mac out of conservatorship. This has been an 11 year timeout,”
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Fuel standards to prevent overdependence on foreign oil are out of date

Fuel standards to prevent overdependence on foreign oil are out of date …. money-losing electric cars that only a handful of Americans are buying.
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It ain't easy being green: MedMen cannabis startup in financial straits, report says

In January, the company agreed to sell real estate assets worth $100 million to Treehouse Real Estate Investment Trust, a REIT formed in partnership
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Avoiding the financial emergency room

Deducting huge capital losses or high amounts of mortgage interest can … Begin the college financing conversation when they are in middle school.
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Under Fire, Wells Fargo CEO Tim Sloan Steps Down

In times of crisis, companies often push a lawyer into the limelight. Troubled banking giant Wells Fargo looks to be doing the same over two years after
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Nashville housing market cooling off for first-time home buyers

NASHVILLE, Tenn. (WKRN) – Real estate experts say the housing market is cooling, and that's great news for first-time home buyers. According to
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MIDDAY MOVERS: Lululemon gets a running start on 4Q news, Calvin Klein-maker PVH beat …

The Federal Home Loan Mortgage Corp (OTCMKTS:FMCC), Freddie Mac, got a similar boost. The memo said that Congress should craft a solution,
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Tensions Mount Between President Trump and Puerto Rican Governor Over Hurricane Maria Relief

Puerto Rico Governor Ricardo Rosselló said the Trump administration is refusing to schedule a meeting with the president to discuss Hurricane Maria
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Twitter Rolls Out New Dark Mode For iOS

Twitter rolled out a new iOS update Thursday with expanded dark mode options. Now in addition to the blue-gray dark mode that the app already had,
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'Selling Out California: Sen. Scott Wiener's Money Ties to Big Real Estate,' a Special Report by …

Titled “Selling Out California: Scott Wiener's Money Ties to Big Real Estate,” the report reveals that Wiener, a one-time San Francisco supervisor, has
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2019 First Quarter Restores Equilibrium In New York City Real Estate Market

New York city's real estate market woke up during the first quarter of 2019. After an extremely slow fourth quarter at the end of last year, and after years
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