Fannie Mae net income retreats to $2.4B in Q1 Fannie Mae net income retreats to $2.4B in Q1 | 2019-05-01. – The company’s net income came in at $2.4 billion this quarter, down from $3.2 billion last quarter and $4.3 billion in the first quarter of 2018. Fannie Mae also announced it provided $102 billion in liquidity to the mortgage market in the first quarter, falling from $122.5 billion last quarter and $124 billion in the first quarter of 2018.
UBS nears deal with U.S., UK over Libor – Reuters – ZURICH/LONDON (Reuters) – Swiss bank UBS AG is nearing a deal to settle claims some of its staff manipulated interest rates and could reach agreement with U.S. and British authorities by the end.
Thanks, banks! DOJ collected a record $24 billion in 2014. – Thanks, banks! DOJ has collected a record $24 billion in fines this year. Citigroup (c, -0.48%) later reached a similar deal with the DOJ over the summer that included a $7 billion penalty. A similar settlement with Bank of America (bac, -1.21%) later trumped both of those penalties, though, with the bank agreeing to pay $16.7 billion, including $7 billion for consumer relief, in August.
FHFA: Mortgage rates continue to climb 2018 HW Tech100 Winner: Capsilon Corporation The number of applicants for the 2016 awards ballooned from previous years, and to select the 2016 HW TECH100 winners, the HousingWire editorial team evaluated the applicants along six discrete. · FHFA regulates Fannie Mae and Freddie Mac, the bailed-out mortgage financiers that together own or guarantee about half of all outstanding U.S. home loans. The federal government backstops more.
Too Big to Tax: Settlements Are Tax Write-Offs for Banks – Similarly, JPMorgan Chase can deduct at least $7 billion of its billion deal last November, and Citigroup can put at least $3 billion of its $7 billion deal last July against its taxes.
Big oil firms accused of cheating on royalties lead fight to. – What oil companies paid. By Stella Dawson. Thomson Reuters Foundation. WASHINGTON – The U.S. government collects $11 billion in revenues a year on average from oil, gas and mining leases, money that goes into the public coffer and to Native American communities, according to the Office of Natural Resources Revenue.
DOJ Collects $24B in FY 2014; Many Brought By Whistleblowers – Posted November 20th, 2014 by Admin. Justice Department Collects More Than $24 Billion in Civil and Criminal Cases in fiscal year 2014. attorney general Eric Holder announced today that the Justice Department collected $24.7 billion in civil and criminal actions in the fiscal year ending Sept. 30, 2014. The more than $24 billion in collections.
More than 28% of US homeowners underwater on their mortgage. – Home Loans Reuters: DOJ collects $24.7 billion in settlements in 2014 contents eric holder announced today Rpx monthly housing market 3 million people housing crisis. aig eric Holder’s Shameful Legacy on Wall Street Fraud. he made it known that the Justice Department will really really. that Read more.
Attorney General Holder Announces in Video that the Justice. – And as a result, I can report today that – during Fiscal Year 2014 – the Justice Department collected a total of $24.7 billion in civil and criminal actions. "That’s more than three times the $8 billion total the Department collected in 2013.
DoJ collects record $24B in criminal, civil cases | Federal. – DoJ collected a record $24.7 billion this year from civil and criminal cases – more than three times the $8 billion sum it received in FY 2013. The big bank penalties were the largest single source of the collections, according to a DoJ press release .
More proof housing is headed for a fall Commercial mortgage-backed securities market at crossroads THE MARKET FOR COMMERCIAL MORTGAGE-BACKED SECURITIES AMONG LIFE INSURANCE COMPANIES AND PENSION FUNDS by Craig J. Faggen Submitted to the Department of Architecture on July 31, 1994 inFDIC Calls for Consideration of Junior Liens 2018 HW Tech100 Winner: Capsilon Corporation Stearns, who previously served as the senior vice president and CFO for American Tower Corporation’s U.S. division, will join CBRE on May 15. In her role, Stearns will oversee CBRE’s global finance.NIMBYs Argue New Housing Supply Doesn’t Make Cities Affordable. They’re Wrong. – The idea that cities would be more affordable places to live if more housing construction were allowed to take. In short, Japan and Tokyo are living proof of how a much freer market in land use and.Assurant Field Asset Services names Rob Cooper managing director The Association of British Insurers is the leading trade association for insurers and providers of long term savings. Our 250 members include most household names and specialist providers who contribute £12 billion in taxes and manage investments of £1.8 trillion.