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

'The Whole Market' for Mortgage Servicing Rights Frozen? Not Quite
April 22, 2014 Brokers of servicing rights say the overall market remains robust, despite suggestions by Ocwen's William Erbey last week that...

N.Y.'s Lawsky Targets 'Self-Dealing' by Ocwen, Realty Affiliates
April 21, 2014 Regulator Benjamin Lawsky is concerned that Hubzu, a website run by Ocwen's Alitsource affiliate, charges inflated fees...

Investors Paid Nearly a Quarter of Big Banks' Mortgage Settlement
April 21, 2014 Mortgage bondholders have long complained to regulators that the national mortgage settlement gave large bank servicers credit...

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...

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