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Tag Archives: money

Banks, GSEs Spend More Money to Spruce Up REOs

Foreclosed homes continue to hamper nearby property values. ...

MetLife Looks to Shed Its Mortgage Business

MetLife Inc., the nation’s largest life insurer, is reportedly looking for a buyer for its mortgage business, MetLife Bank. ...

Report Faults Freddie on Mortgage Reviews

Freddie Mac failed to act aggressively enough in recovering billions of dollars in claims over defaulted mortgages, according to a report released Tuesday by the Federal Housing...

Fed’s Latest Move May Send Rates Lower

The Federal Reserve announced Wednesday it will invest $400 billion in long-term Treasury securities over the next nine months, which is expected to send interest rates on mortgages...