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Bailout
: Calculated RiskTwo more stories on Mortgage Servicer Enforcement Action
By Anonymous
The penalties ... could include fines and changes in how the companies operate ... some banks could be notified within days of the enforcement action being taken against them ...? From Diana Olick at CNBC: Enforcement Action Coming Against Loan Servicers
The OCC conducted a separate investigation of the Mortgage Electronic Registration Systems ... and it isn't clear when it will be finished ...
Earlier today:
? Housing Starts increase in January (graphs)
? Industrial Production, Capacity Utilization decrease slightly in January (graphs)
? MBA: Mortgage Purchase Application activity decreases (graph)
? Multi-family Housing Starts and Completions (graphs)
? Lawler: Early Read on January Existing Home Sales
Full post as published by Calculated Risk on February 16, 2011 (boomark / email).
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