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Tim Scott

Housing bills advance with pluses, minuses for bankers

WASHINGTON — The Senate Banking Committee passed a package of housing bills unanimously in a 24-0 vote.  The package, championed by Senate Banking Committee Chairman Tim Scott, R-S.C. and the panel’s ranking member Sen. Elizabeth Warren, D-Mass., is meant to slash red tape for housing construction and pump money into communities that are building more

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Mortgage REIT Two weathers volatility and legal costs

Two, an investor and originator/servicer, recorded anticipated expenses from a dispute with a former external manager that weighed down second-quarter earnings as it navigated secondary market disruption. The real estate investment trust and owner of Roundpoint Mortgage Servicing reported a more than $270 million net loss to common shareholders (over $257 million including preferred and

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