Kate Berry

Kate Berry is American Banker's consumer finance reporter. She has been a reporter at the Orange County Register, the Associated Press and Dow Jones Newswires. She began her media career as a clerk at the New York Times.

Recent Stories From this Author

Why B of A's Higher Legal Reserves Could Be a Good Thing
April 16, 2014 B of A caught observers off guard by announcing $6 billion in mortgage litigation expenses, but the move is an attempt to...

Ginnie Mae Nixes Bank of America Mortgage Servicing Transfer
April 15, 2014 Ginnie Mae has halted the transfer of mortgage servicing rights from Bank of America to a nonbank servicer because of missing...

One-Third of Bankers Will Make Non-QM Loans: ABA Survey
April 7, 2014 After a year in which bankers have voiced steady opposition to the qualified mortgage rule, more than a third now say they...

Mortgage Lenders Sell Cash-Cow Servicing Rights to Survive
April 7, 2014 After slogging through several quarters of high expenses and shrinking profits, some lenders are now selling mortgage...

These Mortgage Lenders Are Holding Out for More Refi Volume
March 28, 2014 Rising home prices have emboldened some lenders to search for remaining underwater borrowers who have not refinanced. Wishful...

Morning Scan: Lehman Pay Out Hits $80 Billion; Wal-Mart Vs. Visa
March 28, 2014 Receiving Wide Coverage ... Lehman Payout: Lehman makes its fifth semi-annual payout to creditors next week, a...

How Technology Could Create the 'Perfect' Mortgage Loan
March 26, 2014 With more reliable loan data, Fannie Mae and Freddie Mac would have greater confidence that borrowers would not default. In...

JPMorgan Chase Mortgage Forecast Worries Lenders
March 23, 2014 JPMorgan Chase's weak forecast for the mortgage business surprises lenders.

How Union Bank is Rethinking Affordable Housing in California
March 23, 2014 California's affordable housing scene was upended by a shift in public policy. Union Bank's Annette Billingsley sorts out the...

Top Banks in Mortgage Settlement Meet Consumer Relief Goal
March 18, 2014 The settlement monitor gave the banks credit for $20 billion in relief — less than half the total provided, since only partial...

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