The credit reporting agency sold scores it said were considered by lenders. Not so much, says the CFPB
A German bank alleges that the New York financial institution was negligent in its role as trustee for soured mortgage bonds
To prevent the subterfuge and unrestrained greed that ruled the secondary mortgage market in the days before the credit crunch and the housing market crash, the United States Federal Housing Finance Agency (FHFA) is working on a new, transparent system that will consolidate all mortgage-backed securities into a single platform that will include Fannie Mae and Freddie Mac.
Membership is very close to falling below the 1M threshold (1,005,838) for the first time since 2003.