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News, Page 34

Blackstone Mortgage beats 4Q profit forecasts

The New York-based company said it had net income of 37 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 52 cents per share. The results exceeded Wall Street expectations. …

Holder Asks Lawyers to Pursue Bankers in Mortgage Fraud

Holder, who is stepping down as soon as his successor, Loretta Lynch, is confirmed, has asked U.S. attorneys involved in residential mortgage-backed securities cases to report in 90 days on whether they can develop cases against individuals, he said Tuesday at the National Press Club in Washington.

President Barack Obama Recognizes Nationstar for Helping Protect Consumers

Nationstar Mortgage Holdings Inc. , a leading residential mortgage services provider, was recognized on Friday, February 13, by President Barack Obama for partnering with FICO® , a leading predictive analytics and decision management software company, to join the growing list of companies making FICO® Scores available for free to its customers by the end of the year.