Kate Berry has covered the Consumer Financial Protection Bureau for American Banker since 2016. She joined the publication in 2006 covering mortgage lending and the financial crisis. Berry also has covered big banks including Bank of America, J.P. Morgan Chase and Wells Fargo. She has won five awards from the Society of American Business Writers and Editors, and has worked at several news organizations including the Orange County Register, the Los Angeles Business Journal and the Associated Press. Berry began her career as a clerk at the New York Times.
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Last year's robo-signing scandals delayed tens of thousands of foreclosures in the 23 states where the process is handled in court. A new controversy could complicate foreclosures in the other 27 states.
By Kate BerryJanuary 20 -
Former Countrywide CEO Mozilo makes a rare public appearance; a secondary market is established for property tax liens; and more.
January 19 -
Home mortgage lending is off to a slow start this year, boding ill for the industry after volumes slid to a two-year low in December.
By Kate BerryJanuary 18 -
Some mortgage brokers must have wondered for a moment whether they were in a time warp when they received an e-mail Tuesday from their Bank of Internet USA account executive.
By Kate BerryJanuary 13 -
The MBA sues to void a regulatory interpretation entitling loan officers to overtime pay; N.Y. Fed wonders why consumers don't want adjustable-rate loans.
By Kate Berry and Sara LeproJanuary 12 -
A ruling by Massachusetts' highest court rejected claims made by the banks that they, as securitization trustees, did not have to prove their authority to foreclose on two separate homes.
By Kate Berry and Jeff HorwitzJanuary 7 -
A ruling by Massachusetts' highest court rejected claims made by the banks that they, as securitization trustees, did not have to prove their authority to foreclose on two separate homes.
By Kate Berry and Jeff HorwitzJanuary 7 -
MetLife Bank, a unit of the New York insurance company MetLife Inc., has catapulted from relative obscurity in banking to become the seventh-largest depository and a contender in mortgages.
By Kate BerryJanuary 6 -
An observer of the put-back wars predicts more settlements between lenders and the GSEs; task force created to spot flaws in HAFA identifies a culprit: servicers.
By Kate Berry and Marc HochsteinJanuary 5 -
It remains to be seen whether institutions that are in better financial shape than Bank of America and Ally Financial will accept olive branches from Fannie Mae and Freddie Mac.
By Kate BerryJanuary 3 -
Large banks could end up pocketing higher profit margins on residential mortgages this year because of a rule from the Federal Reserve that restricts the pay of brokers and loan officers.
By Kate BerryDecember 30 -
Borrowers that call a hotline to have their loan-mod case reviewed are handed off to a nonprofit group created by a large mortgage servicer and largely funded by the industry.
By Kate BerryDecember 17 -
Borrowers that call a hotline to have their loan-mod case reviewed are handed off to a nonprofit group created by a large mortgage servicer and largely funded by the industry.
By Kate BerryDecember 17 -
FBR report: GSEs get asset dispositions right, banks do not; foreclosure filings fall in November; Moody's: 2011 should show extent of servicing problems.
By Kate Berry and Sara LeproDecember 15 -
Making loans for the Federal Housing Administration could become a higher-cost, but also higher-volume, business if an advocacy group succeeds in stamping out what is now a common industry practice.
By Kate BerryDecember 14 -
The employee and lawyer who represented Countrywide in court "may be unaware of the complexity and requirements of the securitization process," the rating agency said.
By Kate BerryDecember 14 -
Move Inc. has launched a website that helps match borrowers with Cornerstone Mortgage; Pentagon Federal is offering a hybrid ARM
By Sara Lepro and Kate BerryDecember 1 -
To quell doubts about its mortgage unit's handling of documents, Bank of America Corp. is distancing itself from … itself.
By Kate Berry and Jeff HorwitzNovember 30 -
The testimony in a New Jersey bankruptcy case could complicate foreclosures by Bank of America, which acquired Countrywide in 2008.
By Kate BerryNovember 19 - PH
The testimony in a New Jersey bankruptcy case could complicate foreclosures by Bank of America, which acquired Countrywide in 2008.
By Kate BerryNovember 19







