Kate Berry
Recent Stories From this Author
Nonbank Mortgage Lenders Grapple with Licensing Mess
July 29, 2010 As loan officers who don't meet the requirements drop out of the industry, the result could be a shortage of people to take...
Pipeline
July 28, 2010 Torch the car, save the house; GSE foreclosures pick up, but shadow inventory of distressed homes remains massive; and more.
Originators Lend Less But Profit More on Mortgages
July 23, 2010 A combination of historically low interest rates and reduced competition are fattening home lenders' profit margins, making up...
Originators Lend Less But Profit More on Mortgages
July 23, 2010 A combination of historically low interest rates and reduced competition are fattening home lenders' profit margins, making up...
Will GM-AmeriCredit Deal Cost Ally Financial an Ally?
July 22, 2010 General Motors Co.'s deal to buy a subprime car lender says as much about the state of consumer finance as it does about the...
Pipeline
July 21, 2010 Why government short sale program is falling short; a new documentary about the financial crisis is already outdated; and more.
Why Mortgage Buybacks Haven't Peaked
July 19, 2010 Mortgage buyers are finding new reasons to make the originators buy back home loans, ensuring that repurchases will remain a...
JPMorgan Chase Driving a Harder Bargain in Mortgage Short Sales
July 15, 2010 JPMorgan Chase is taking a hard line with some borrowers who want to sell their homes for less than they owe on the mortgage...
Comment Invited on FHA Risk Proposal
July 15, 2010 The Department of Housing and Urban Development has requested public comment on proposed policy changes designed to reduce the...
Pipeline
July 14, 2010 Borrowers giving up their homes through short sales face pressure to pay fees under the table; potential ripple effects of a...