Finance

A survey of mortgage lending executives conducted by mortgage insurance company Genworth found that most executives believe that a disconnect exists between lenders and borrowers on who qualifies for a mortgage.

New technology developed by mortgage software vendor LoanLogics aims to automate and streamline closed-loan purchasing and quality control processes for correspondent investors.

The delinquency rate on commercial mortgage-backed securities rose from May to June, according to Trepp's monthly report.

U.S. regulators have told Royal Bank of Scotland Group it could pay as much as $13 billion if it loses a lawsuit over its handling of mortgage securities.

The Leadership Conference on Civil and Human Rights wants to recapitalize Fannie Mae and Freddie Mac to provide a secure source of funding for affordable housing.

The chief executive officers of Fannie Mae and Freddie Mac may see more than a sixfold increase in their compensation to $4 million in spite of objections from President Obama's administration and some lawmakers.

The narrowing gap between what large and small lenders pay in guarantee fees to Fannie Mae and Freddie Mac has helped the industry's smallest originators grow their share of mortgages sold to the government-sponsored enterprises.

As negotiations between Greece and its official creditors drag on, more and more Greek homeowners are falling behind on their payments as well, according to Fitch Ratings.

FHFA report shows FHLBs are well capitalized while Fannie and Freddie continue to see improving loan performance.

JPMorgan Chase and Dexia agreed to settle a New York lawsuit over $1.6 billion of mortgage-backed securities. Terms of the settlement weren't disclosed in a June 26 court filing.

The U.S. Department of Agriculture's Rural Housing Service is raising the cost of its home-loan guarantees that enable borrowers to purchase homes in certain areas without down payments.

Several real estate investment trusts have joined Federal Home Loan Banks via their captive insurers; membership gives them a cheap and flexible way to warehouse mortgages, among other things.

Life insurance companies reported a higher return on their private commercial mortgage investments in the first quarter, compared to the fourth quarter.

Mortgage rates barely budged from a week ago, even though reports have shown that the housing market is on the rebound with interest rates expected to rise.

Freddie Mac's latest monthly Multi-Indicator Market Index shows a weak but improving housing sector.

Ocwen Financial Corp. has priced $225 million of asset-backed notes being offered as part of a debt refinancing.

If you want to know what a Greek exit from the euro would do to the €16.64 billion ($18.54 billion) of bonds out there backed by Greek assets, start with Argentina.

Velocity Commercial Capital, better known for lending on distressed commercial property, is behind the latest securitization of single-family rental properties, according to Kroll Bond Rating Agency.

The price of homes rose 0.3% in April from the previous month, according to the Federal Housing Finance Agency.

Fannie Mae will no longer charge mortgage lenders to submit loans to its Desktop Underwriter automated underwriting system, a decision that follows a similar move by Freddie Mac earlier this month.