Finance

Federal Home Loans Banks officials and others want more time to evaluate and comment on a Federal Housing Finance Agency proposal to restrict FHLB membership.

Recent regulatory settlements have made it abundantly clear that medical records are off-limits to lenders trying to verify the incomes of mortgage applicants on long-term disability.

According to Treasury Secretary Jacob Lew and many other others, the moribund market for private-label residential mortgage-backed securities needs reviving.

Deutsche Bank officials have received the go-ahead to finance U.S. home lenders, something it has not done since the financial crisis. The bank's plan is to finance a small, but potentially much larger, mortgage segment that falls outside government standards.

Hiring in the mortgage industry slowed in August, as small lenders added just a few hundred workers to their payrolls, but still managed to increase their headcount for the fourth month in a row.

Fannie Mae and Freddie Mac investors are turning their focus to an appeal and multiple pending lawsuits after a federal judge rejected their bid for a share of the companies' profits.

It might be time for the industry to consider a "less is more" view when it comes to offering consumers mortgage product options.

The collapse of securities tied to Fannie Mae and Freddie Mac punished some of Wall Street's best known money managers, with star investor Bruce Berkowitz's main mutual fund losing about $600 million.

A lawsuit filed by low-income housing advocates designed to force the Federal Housing Finance Agency to provide money to a housing trust fund has been blocked by a U.S. district court judge.

Lenders desperately want to make potentially lucrative home loans to those with less-than-stellar credit, but only a few are willing to try given legal uncertainties. Here's how a few are designing their products to get a jump on the competition.

AllRegs has begun publishing FHA single-family policies on its publishing platform.

Fannie Mae and Freddie Mac plunged in early trading after investors including Bruce Berkowitz's Fairholme Capital Management LLC lost a legal bid yesterday to force the bailed-out companies to share profits with private shareholders.

Hefty penalty seems 'puzzling' since the Seattle and Des Moines FHLB merger seems on track to be the first voluntary merger in the 82-year history of the Federal Home Loan Bank System.

Fannie Mae and Freddie Mac, which attracted investors such as hedge-fund manager Bill Ackman even as the mortgage giants hand over their profits to taxpayers, are tumbling again.

Commercial real estate lender Walker & Dunlop has added three originators to a conduit and high-yield lending joint venture with Fortress Investment Group.

Municipal Mortgage & Equity will change its name to MMA Capital Management LLC, effective Sept. 29.

The Federal Home Loan banks of Seattle and Des Moines announced Thursday that their boards have unanimously approved a definitive agreement to merge.

Fannie Mae, the largest source of funding for U.S. mortgages, said Chief Operating Officer Terence Edwards plans to leave the government-backed company in the first half of next year.

A high percentage of Federal Housing Administration-insured loans are falling into the “higher priced” bucket due to a series of mortgage insurance hikes over the past several years.

A program that moves distressed mortgages out of the foreclosure pipeline can save the FHA and GSEs money and give troubled borrowers a better shot at staying in their homes — but only if it's properly implemented.