In a regulatory filing, Goldman said it’s reviewing loan practices at Litton Loan Servicing, the firm’s residential mortgage-servicing subsidiary, in response to requests from regulators and states attorneys general.
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One major battleground over how robo-signed documents will be treated is the courtroom of Ohio state court judge Nancy Margaret Russo. She had ordered GMAC to appear before her on Monday to provide her with “proof of integrity …
For a while, it seemed the housing crisis had been averted. Now, Gary Shilling, president of economic consulting firm A. Gary Shilling & Co., says that things are likely to get worse. He predicts that housing prices could fall another 20%.
Continue reading Gary Shilling: Home Prices Could Fall 20% More
Gary Shilling: Home Prices Could Fall 20% More originally appeared on DailyFinance on Fri, 05 Nov 2010 08:33:00.
Filed Under: Economy, Investing, Real Estate, Video
A recent profile of Barbara Desoer, the president of Bank of America’s home loan unit, describes her as “Besieged.” But here’s who’s really beseiged: All those homeowners who are getting a raw deal from the banks.
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The percentage of unemployed managers and executives relocating for new positions fell to a record low in the third quarter, according to analysis by Challenger, Gray & Christmas. The relocation rate for the last four quarters …