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Fannie Mae has delayed the roll out of its new automated underwriting system that will require mortgage lenders to use trended data for the first time in submitting their loans for approval.
June 23 -
Mortgage rates are up two basis points over the previous week, but they are not increasing as fast as the benchmark 10-year Treasury yield.
June 23 -
Industry and consumer groups are calling on the Federal Housing Finance Agency to reduce the loan fees that homebuyers have to pay on Fannie Mae and Freddie Mac guaranteed mortgage loans.
June 22 -
Carrington Mortgage Services has added conventional loans to the portfolio of products offered by its wholesale lending division.
June 22 -
Home prices rose 5.9% in April from a year earlier as job growth spurred competition for a limited number of listings.
June 22 -
Fannie Mae has released the details of its next sale of nonperforming loans, including the fourth "community impact" pool the government-sponsored enterprise has offered.
June 17 -
U.S. prosecutors have abandoned their case against Angelo Mozilo, a pioneer of the risky subprime mortgages that fueled the financial crisis, after a two-year quest to bring a civil suit against him.
June 17 -
The 30-year fixed-rate mortgage saw interest rates fall to the lowest level in three years as expectations for the Federal Reserve's June meeting and Britain's potential exit from the European Union drove investors to the safety of U.S. bonds.
June 16 -
Costs for finishing Fannie Mae's new headquarters have increased $36 million without the knowledge of the Federal Housing Finance Agency employee responsible for monitoring the project, the agency's inspector general claims.
June 16 -
Seneca Mortgage Servicing has chosen Nationstar Mortgage Holdings as the subservicer for its existing mortgage servicing rights portfolio as well as for future acquisitions.
June 15 -
Fears about repurchase requests made by Fannie Mae and Freddie Mac persisted beyond the crisis, but those fears don't match actual repurchase numbers.
June 15
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So far, 2016 has brought legal battles, election woes and TRID-related headaches to the mortgage industry, among many other major issues.
June 15 -
Lender sentiment toward housing has improved during the second quarter, with lenders reporting higher demand for purchase mortgages, according to Fannie Mae.
June 14 -
Open Mortgage, a multichannel lender based in Austin, Texas, has been approved as a Fannie Mae seller.
June 13 -
Mortgage rates were lower this week after the May employment report came in well below expectations, according to Freddie Mac.
June 9 -
Fearing that housing finance reform has fallen off the congressional priority list, bank and housing trade groups sent a letter to Federal Housing Finance Agency Director Mel Watt on Wednesday to draw attention to the issue.
June 8 -
JPMorgan Chase's next residential mortgage securitization looks a lot like the six deals it completed in 2015: it is backed by jumbo loans to high-quality borrowers that the bank acquired from other originators.
June 8 -
Home purchase sentiment continued to rebound from an 18-month low in May, according to Fannie Mae's Home Purchase Sentiment Index.
June 8 -
TRID wasn't as hard on the wholesale channel as was once feared, but some parties involved in the process still either do not fully understand the rule or haven't perfected their operations to handle it.
June 8 -
MFA Financial has carved out an impressive niche for itself by buying reperforming and nonperforming residential mortgages and securities.
June 3










