Servicers, Regulators Reportedly Nearing Agreement on Settlements Without Fines
April 7, 2011
The country’s top mortgage servicers are reportedly close to signing agreements with federal banking regulators to settle allegations of business improprieties and bad servicing practices without having to pay fines. Neither the Office of the Comptroller of the Currency, the lead agency in talks with...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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