Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
$8 billion recovered by FHFA
The Federal Housing Finance Authority (FHFA) has announced its recoveries have reached nearly $8 billion through settlements with seven financial institutions that sold private-label securities (PLS) to Fannie Mae and Freddie Mac between 2005 and 2007. In 2011, the FHFA initiated litigation against 18 financial institutions involving allegations of securities law violations and, in some instances, fraud in the sale of private-label securities (PLS) to Fannie Mae and Freddie Mac.