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Ginnie Mae is examining whether the shift in business to nonbank issuers has implications beyond the risks it has historically looked at, and identifying advantages that should be nurtured as well.
June 10
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The pool of 497 loans includes first-lien fixed- and adjustable-rate mortgages for single-family homes and multifamily properties, primarily underwritten to self-employed borrowers.
June 10
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The $10 million home that just went on the market in Bennett Valley was built with tech money and there's a good chance tech money will buy it.
June 10
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Treasury Secretary Steven Mnuchin was adamant that the Trump administration won’t just let Fannie and Freddie build up their capital buffers and then release the companies. He also said he backed an explicit government guarantee, something only Congress can do.
June 10
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Colorado Springs-area home prices soared to a second consecutive record high last month, as a steady demand on the part of buyers and a dearth of properties for sale helped to send housing costs higher.
June 10
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Freedom Northwest in Idaho hopes a proposal from the NCUA will help it bring in more deposits to fund a fast-growing mortgage business. Banks are crying foul.
June 7
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The transaction, cooperatively sponsored by the insurer's residential mortgage lending group of five home-loan entities, is among the smaller of AIG’s recent prime jumbo pools that have been as high as $429 million.
June 7
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It’s the one consumer loan category where balances continue to fall, and disruption from nimbler fintechs is a big reason why. To win back market share, banks will need to beat the upstarts at their own game.
June 7
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The use of financing to buy fix and flip properties increased 35% annually by dollar volume to its highest level in nearly 12 years, according to Attom Data Solutions.
June 7
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After a sustained downward trajectory, nondepository mortgage companies added 1,200 workers in April, a modest boost for lenders during prime season for the housing market.
June 7
