The Federal Financial institutions Examination Council is taking a close look at social media and the risks it poses to financial institutions, including mortgage lenders.
Massachusetts will not join other states in the Justice Departments lawsuit against Standard & Poors, but instead will conduct its own fraud probe tied to CDO ratings.
At least one top-five ranked residential servicer is planning to offer for sale a decent-sized package of mostly nonperforming servicing rights over the next month.