Finance

Title insurers did nearly $3.4 billion in premiums during the first quarter, similar to 2023, even though mortgage dollar origination volume was up over 13%.

The Federal Housing Administration floated a mortgagee letter that increases a funding entity's responsibility for the actions of correspondents or brokers.

Through the proposal, the risk function at Ginnie Mae is telling issuers to change their business model or exit the industry, writes the Chairman of Whalen Global Advisors.

The HUD agency contends that the bank's agreements involving certain reverse-mortgage assets call for the closely watched case to be filed there.

In order to release Fannie Mae and Freddie Mac from conservatorship, legislation must be passed to guarantee safety and soundness, the Federal Housing Finance Agency's annual report to Congress said.

Lown's resignation creates a second vacancy in the government-sponsored enterprises c-suite, as it is also looking for a new CEO.

The term is open to interpretation and may refer to a broad range of real-estate finance activity. An "independent mortgage banker" has a narrower definition.

Proceeds could be used to support the company's loan originations as well pay down existing debt coming due in the next three years.

Second liens have landed in the spotlight thanks to a recent Freddie Mac proposal, as well of record amounts of tappable home equity.

The Federal Reserve held firm on its current interest rate levels after its latest meeting, but inflation numbers are leading to talk of potential action in third and fourth quarters.

The Federal Deposit Insurance Corp. sued 15 lenders on loans brokered through Washington Mutual that were included in securitizations before the bank's 2008 failure.

Rate locks have increased every month this year, but May's pace came in more subdued than early-year numbers, according to Mortgage Capital Trading.

In the first quarter of the fiscal year, many mortgage-related companies posted profits after a year-end that didn't exceed expectations. Here's how major publicly traded players in the industry performed in the first quarter.

The lender and servicer, coming off multiple consecutive quarters of net losses, has to pay significantly higher interest rates for an additional two year term for this debt.

Ginnie Mae just approved some flexibilities for extended term MBS. Here's what else is on its roadmap, according to Sam Valverde, the agency's acting president.

Certain borrowers cut off from help due to the market's elevated equity levels and rates may fare better under coming changes made at the direction of the FHFA.

If approved by the Federal Housing Finance Agency, the program will not lead to large amounts of home equity being extracted, nor is it mission creep, wrote Keefe, Bruyette & Woods analyst Bose George.

Despite a recent warning about an uptick in prepays, FHA seems to be leaning in the direction of adopting changes that will increase them, writes the chairman of Whalen Global Advisors.

Executives at the Toronto-based bank said last year that they planned to add 150 branches in the United States. But when pressed on Thursday, they could not say how much they'll scale back their ambitions due to investigations over TD's anti-money laundering practices.

Former Federal Housing Finance Agency Director Mark Calabria may return, but analysts told an industry meeting someone else is more likely in line for the role.