In the News
Top officials at the International Monetary Fund on Tuesday challenged financial regulators imposing far-reaching reforms on the biggest banks, arguing that the global benefits of reform efforts must outweigh their costs.
Officials including José Viñals, financial counsellor and director of the IMF’s monetary and capital markets department, said in...
Editor's Note: I've been asked on occassion how LPS can stay in business after such bad press, the Lorainne Brown conviction and other various and sundry misdeeds. Sadly, I have no concrete answer. That said, LPS also liquidates federal property on various levels.
LPS Unveils New Servicing Management Tool - Housingwire
Lender Processing Services unveiled its Workout Interaction Tool, an online application that transfers data from its managed services provider servicing system to and from Fannie Mae's Servicing Management Default Underwriter platform.
By James Kwak
The Federal Reserve is serious—about something.
On May 2, The Wall Street Journal reported that regulators were pushing to require “very large banks to hold higher levels of capital,” including minimum levels of unsecured long-term debt, as part of an effort “to force banks to shrink voluntarily by making it expensive and onerous to be...
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- Lender Processing agrees to $14 mln securities fraud settlement
- US Bank walks away from foreclosure on Aurora woman - The Denver Post
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