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Article
Following the success of bond insurers MBIA and Assured Guaranty, Ambac finds a champion.
04:33PM 05/17/13
Article
Nationstar Bulls Dream of Ocwen Spin-Off Magic
A 20-fold gain in just six months for an Ocwen spin-off has investors salivating at the prospect of a similar deal.
07:00AM 05/16/13
Article
MBIA Bulls Look for Catalyst After Legal Settlements
Friday's earnings call threw cold water on investor hopes.
03:46PM 05/13/13
Article
Countrywide II Off to the Races
Led by former Countrywide President Stan Kurland, PennyMac Financial Services executives know where the subprime bodies are buried.
12:34PM 05/10/13
Article
Bank of America Meeting Dominated by Anti-Coal Activists
CEO asks if anyone has anything else to discuss other than environmental issues.
10:05AM 05/09/13
Article
Bank of America CEO Addresses MBIA Stake (Update 2)
Deal with insurer aimed at resolving legal dispute rather than growing revenues.
02:49PM 05/08/13
Article
Bank of America's Lawyers Are Heroes
Bank of America lawyers appear to have the wind at their briefcases now as they try to wrap up the remainder of the bank's mortgage mess.
11:26AM 05/07/13
Article
Bank of America Confirms MBIA Deal (Update 1)
A $1.6 billion legal settlement goes to MBIA, as Bank of America takes a 4.9% stake at a big discount.
04:06PM 05/06/13
Article
Bank of America Nearly Done With Mortgage Mess (Update 1)
Obstacles to resolving key mortgage backed securities litigation are melting away.
01:50PM 05/06/13
Article
Ocwen Profit Up 121%, Fed By Acquisitions
The servicer modified 24,000 mortgages during the quarter.
09:40AM 05/02/13