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Among the strongest industry rationales for a national mortgage servicing settlement was that it would break the legal stalemate over a huge backlog of delinquent loans.
June 22 -
Even though the housing market is nearing (or reached) a bottom (thanks to absurdly low rates) brokers continue to face public criticism for their role in the mortgage crisis.
June 22
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Federal banking regulators have proposed new capital risk weightings for residential mortgages that advantage government-guaranteed loans but impose higher capital requirements on conventional loans – even with private mortgage insurance.
June 22 -
Pricing remains the biggest stumbling block in the sale of assets backed by commercial mortgage loans, according to panelists at SourceMedia’s Buying and Selling Distressed Mortgage Portfolios Conference in New York.
June 21 -
As investors look to capitalize on distressed mortgage portfolio opportunities, loan document questions and the role of MERS continue to arise.
June 21 -
Lenders of all different sizes continue to receive buyback requests from Fannie Mae and Freddie Mac—sometimes on loans that are upwards of five years old.
June 21 -
The Federal Housing Finance Agency has ordered Fannie Mae and Freddie Mac not to pursue any deficiency judgments against members of the military if they are forced to short sale their home and if the mortgagor is required to move as part of their duty.
June 21 -
Federal banking regulators have proposed new capital risk weightings for residential mortgages that give an advantage to government-guaranteed loans but impose higher capital requirements on conventional loans.
June 21 -
Mortgage cases are shifting to become more fact-intensive, rather than legal-intensive, meaning investors’ attorneys need witnesses to explain the circumstances in a case.
June 21 -
The weak economy throughout the state of Florida is affecting the bond financing of multifamily projects.
June 21
