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Top U.S. housing regulator Mel Watt is privately reassuring people close to him that he will keep his post as authorities investigate an employee's claims of sexual harassment. Now, his accuser is heightening the pressure — speaking out publicly for the first time.
August 20
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On Mar. 31, 2018. Dollars in thousands.
August 20 -
On Mar. 31, 2018. Dollars in thousands.
August 20 -
The bank said it has received subpoenas related to low-income housing tax credits; write-offs of bad credit card debt creep up.
August 20
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The Michigan company had been operating under the supervisory agreement since 2010.
August 17
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The new policy, meant to assist borrowers in Puerto Rico and the U.S. Virgin Islands, will let servicers evaluate borrowers using pre-disaster payment information.
August 16
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The FBI and DOJ are looking into what could be one of the largest mortgage frauds since the financial crisis; lawyers for the banks met with the Fed last week.
August 16
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The investors initially won the right to sue as a group in 2015 before an appeals court reversed the ruling; the $13 billion lawsuit can now proceed as a class action.
August 15
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The regulator of the government-sponsored enterprises has substantial authority to intervene as a legislative stalemate continues.
August 14
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The companies had been unable to secure regulatory approval for the deal, which was announced a year ago.
August 14
