Even before taking office, Treasury Secretary-designate Steven Mnuchin has said he wants to return Fannie Mae and Freddie Mac to the private sector, a radically different vision of housing finance reform than that pushed by other Republicans.
Arch Capital Group plans to offer $950 million of senior notes, using the proceeds to fund a portion of its acquisition of United Guaranty Corp. and AIG United Guaranty Insurance (Asia) Ltd. from AIG.
President-elect Donald Trump recognizes that full repeal of the Dodd-Frank Act is unlikely, though he supports a House effort to make significant changes, according to a former banker who was on the shortlist to be Treasury secretary.
The average credit score nationwide rose four points from last year to 673 points, according to Experian.
Mortgage application volume decreased 9.4% from one week earlier as key interest rates hit their highest level since July 2015, according to the Mortgage Bankers Association.
President-elect Donald Trump's imminent choice for Commerce secretary is a billionaire investor who swooped in to prop up troubled banks after the financial meltdown. Some members of the banking world, including regulators, may be glad he was picked for Commerce chief instead of Treasury secretary.
Treasury Secretary-designate Steven Mnuchin wasted no time Wednesday wading into one of the thorniest debates in the financial services arena, saying the Trump administration would seek to end government control of Fannie Mae and Freddie Mac.
Dallas-area homebuyers saw some of the biggest price increases in the country in August.
Homebuilding in the Twin Cities metro posted a healthy gain in the Twin Cities metro during November, clocking the ninth year-over-year increase in a row.
Much like President-elect Donald Trump himself, expected Treasury Secretary-designate Steven Mnuchin represents something of a question mark for bankers when it comes to his agenda.
While President-elect Donald Trump already faces numerous potential conflicts-of-interest between his businesses and the presidency, his real estate ties and campaign promises raise serious questions about his approach to the housing industry.
United Wholesale Mortgage is getting rid of escrow waiver fees for certain loans in a bid to make brokers more competitive with mortgage banks.
Mortgage bankers are anxiously waiting to see who President-elect Donald Trump will pick as the next Treasury secretary. Several prominent names have been floated for the job, though with every passing day, a new possible choice seems to pop up. Following is a look at the current crop of candidates and their chances.
Freddie Mac has published a list of companies that meet its requirements regarding the creation, signing and storage of electronic promissory notes.
November 29, 2016
Home prices in 20 U.S. cities continued to climb in September, while a gauge of values nationwide exceeded the pre-recession peak, according to S&P CoreLogic Case-Shiller data.
- Capsilon Survey Reveals 70 Percent of Lenders Expect Mortgage Loan Production Costs to Rise in 2017
- Simplifiles Nationwide E-recording Network Achieves Record 1,500 Participating Counties
- Simplifile Reports Continued Expansion of E-Recording Infrastructure, Electronic Document Submission in Q3 2016
- First American Mortgage Solutions Invests In Helping Lenders And Servicers Achieve Sustainable Quality And Growth
- First American Mortgage Solutions launches Vendor Management Suite to aid with Lender compliance requirement