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An expected rush of refinancings of Federal Housing Administration loans could force some mortgage servicers to take writedowns in the first and second quarters, but they have more incentive than ever to keep borrowers in the FHA program instead of letting rivals lure away their customers.
March 13 -
Four Star Resolution in Buffalo, N.Y., one of two collection agencies in Western New York facing lawsuits from the Federal Trade Commission and the New York Attorney Generals office for allegedly abusive tactics, wants a judge to remove a restraining order preventing it from doing business.
March 13 -
Ed DeMarco, the former chief regulator of Fannie Mae and Freddie Mac, warned that efforts under the Obama administration to expand access to credit could risk repeating mistakes that led up to the crisis.
March 13 -
Enterprise Financial Services in St. Louis plans to add a banking veteran to its board.
March 13 -
Western Alliance Bancorp. relishes niches with thin competition and high rewards. Its deal for Bridge Capital is no different: The seller serves small tech companies that provide high liquidity and ample fee revenue.
March 13 -
Reliance Bancshares is also talking to Tim Hortons about anchoring some of its branches, in hopes that coffee traffic will bring more business into its underutilized offices.
March 13 -
It's not just about cutting lawns and patching holes. To convey a foreclosed property into the Department of Housing and Urban Development's ownership, servicers are on the hook for every last detail of a vacant house. Here are five key pieces of the preservation puzzle.
March 13 -
First Bancorp in Puerto Rico revised its fourth-quarter earnings to reflect an adjustment tied to a reversal in its deferred-tax asset.
March 13 -
Glen Rock Savings Bank in Glen Rock, N.J., has agreed to buy Llewellyn-Edison Savings Bank in West Orange, N.J.
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