Headlines
Brian Collins | May 18
Unless Congress acts soon, the Federal Emergency Management Agency will not be able to issue new flood insurance policies after May 31.
Paul Muolo | May 18
The Consumer Financial Protection Bureau and the government’s Small Business Review Panel will hold a private forum on its new proposal to revise the way loan officers, brokers and lenders are compensated on loan transactions.
Brian Collins | May 18
Re/Max reported that sales in April edged up 0.1% from the previous month.
Bonnie Sinnock | May 18
The long-term rate-indicative 10-year Treasury yield has officially dropped to and matched its 52-week low of 1.7%.
Brad Finkelstein | May 18
Healthcare Trust of America Inc. is looking to start trading its Class A common stock over the New York Stock Exchange.
Brian Collins | May 18
Home prices are beginning to stabilize thanks, in part, to loan modifications and the increasing use of short sales, according to CoreLogic.
Paul Muolo | May 18
Wells Fargo & Co. is in the market with a $200 million package of nonperforming residential loans, according to investors that have been briefed about the deal.
Kate Davidson | May 18
Requiring defendants to admit guilt in a settlement or consent order could delay remediation, spur more litigation and threaten safety and soundness, financial regulators told a House panel this week.
Brad Finkelstein | May 17
MGIC Investment Corp. has filed a lawsuit against Freddie Mac and its conservator, the Federal Housing Finance Agency, over the pool insurance dispute between the two companies.
Mark Fogarty | May 17
A significant barrier to tribal homeownership may change as the House of Representatives passed the Helping Expedite and Advance Responsible Tribal Homeownership Act without a single dissenting vote.
Brad Finkelstein | May 17
Gateway is not only growing its retail business, but its newly started correspondent aggregator channel already has 20 approved clients.
Brad Finkelstein | May 17
Pending approval from state regulators, Timios Inc., a national title and escrow company, is purchasing Glenn County Title Co., Willows, Calif.
Brian Collins | May 17
During the first half of fiscal year 2012 (which ended March 31), the Federal Housing Administration endorsed 19,600 condo loans, down 38% from the same period in FY 2011.
Brad Finkelstein | May 17
Silvergate Bank's warehouse lending division funded 1,570 loans totaling $419 million in the first quarter.
Bonnie Sinnock | May 17
Freddie Mac’s weekly survey of primary market mortgage rates registered yet another record low for the popular 30-year product as the long-term rate-indicative 10-year Treasury yield dropped toward its 52-week low.
