Mortgage News Wire

The latest mortgage industry news dump.

Countrywide Dampens BofA Earnings

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Bank of America hit by $2bn writedown of Countrywide mortgage lender – The Telegraph

Mortgage Lenders Network Plan to Destroy Documents Opposed by U.S. Lawyers – Bloomberg

Fitch: 30% of CMBS mortgages maturing in 2011 do not pass refi test – HousingWire

Mortgage Investors Duped by 25% Error Rate on `Owner Occupied’ Securities – Bloomberg

‘Right To Rent’ Program Not On The Horizon, Officials Say – HuffPost

A hint of good employment news? – CalcRisk

Ally Financial Won’t Face Group Lawsuit Over Mortgage-Backed Securities – Bloomberg

FHA suspends anti-flipping rule for another year – HousingWire

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Written by mortgagelink

January 21, 2011 at 7:37 pm

Posted in Mortgage News

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