Finance

Presently, for legacy seller/servicers the minimum is roughly $2.5 million, but the fear is that over time that threshold will be ratcheted up to $5 million—all in the name of risk management.

Every one should have a specialty in the mortgage origination business and here are some to consider looking into.

Thanks to more GSE G-fee hikes, in time we may see more firms play in the jumbo MBS space. But don't hold your breath.

For 40 years Fannie Mae and Freddie Mac were the envy of the financial world.

There were some findings in Xerox’s eighth annual “Path to Paperless” survey that are eye catching, since they reveal discernible anxiety about mortgage regulations that’s impacting the pace of innovation.

The Federal Reserve’s third quantitative easing program has been doing a good job lowering mortgage rates, or at least that was the case at our press deadline.

Freddie Mac won’t have to face a lawsuit filed by investors accusing it of misrepresenting the state of its finances in 2007 and 2008, a federal judge ruled.

Grand Bank has agreed to sell its wholesale mortgage banking division, ICON Residential.

Mortgage REIT Redwood Trust is ready to hit the market with yet another new jumbo deal.

A new report from the inspector general of the Federal Housing Finance Agency slams the agency for delegating too much management authority to the government-sponsored enterprises on major business decisions.

U.S. residential mortgages’ losses are too small to account for the 2008 financial crisis, implying they were a sign of other causes rather than the main cause, according to industry analyst Mark Adelson.

Residential Capital Corp. will be auctioned off to the highest bidder in less than a month but the process of choosing a winning bidder could stretch out to five days.

Flagstar Bancorp must stand trial over charges it breached contracts for financial guaranty insurance on roughly $1 billion in residential mortgage-backed securities it issued during the run-up to the financial crisis.

Barclays Bank has been sued by the nation's top credit union regulator for violating federal and state securities laws tied to the sale of nonprime MBS.

New Penn Financial, a fast-growing lender with ties to MBS co-inventor Lew Ranieri, hired Brian Simon as its new chief operating officer.

A recent article titled “Mortgage Cops Taking Tough Stance” implies that my office is going to “lock up” anyone who strategically defaults on their mortgage.

The government insurance program so far is seeing a decline in market share, as planned.

It’s been almost nine months since insurance conglomerate MetLife pulled the plug on its mortgage banking operation with the company offering little in the way of insight about its residential servicing portfolio.

The Federal Reserve’s third quantitative easing program has made more progress lowering rates than some expected, but it is not at a point where it will spur refinancing notably.

The Mortgage Bankers Association and other industry groups have lined up considerable legal talent to prevent and block any local community from invoking eminent domain to seize and restructure underwater mortgages.