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

Brouhaha Erupts Over 'Homeowner Tax' to Fund FHA's Decrepit IT
November 21, 2014 The Federal Housing Administration could finally get something it desperately needs: upgrades to its outdated technology...

The Glaring Absence of Minority Loan Officers
November 6, 2014 Lack of diversity in the sales force is one of several nagging issues underlying mortgage lenders' concerns about tepid home...

FHFA Concessions Show Mortgage Lenders Have Regained Sway in D.C.
October 31, 2014 Federal Housing Finance Agency Director Mel Watt has struck a conciliatory tone, seeking lenders' input and making...

Ocwen Sets Aside $100M for Possible Foreclosure Settlement, Posts 3Q Loss
October 30, 2014 Embattled nonbank servicer Ocwen took a $100 million charge for a potential settlement of foreclosure violations and posted a...

Judge Throws Out $16M Verdict Against PHH for Servicing Errors
October 29, 2014 In a surprise victory for mortgage servicer PHH Corp., a California judge overturned a $16.2 million jury verdict awarded to a...

Lawsky's New Ocwen Fight Threatens Wells Fargo Servicing Sale
October 22, 2014 New York banking regulator Benjamin Lawsky's latest crackdown on Ocwen Financial may undo Ocwen's deal to buy billions of...

FHFA's Watt Bends to Lenders But Devil's in the Details
October 21, 2014 The GSE regulator's second attempt to stimulate the mortgage market is receiving a lukewarm reception from lenders, who remain...

Another Refi Boom? Banks Champ at Bit as Mortgage Rates Dip
October 17, 2014 A wide swath of banks, from Fifth Third to SunTrust to Huntington, report big increases in refinance applications in the past...

Nevada Court Deals Blow to Condo Lenders, Mortgage Servicers
October 17, 2014 Mortgage lenders are threatening to halt lending on condominiums in Nevada after the state Supreme Court upheld a law allowing...

B of A's Master Plan Set Back by Market Slide, Revenue Challenges
October 15, 2014 Market tumult and a disappointing third-quarter revenue report Wednesday loomed larger over Bank of America, putting it in a...

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