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As major banks have pulled back from originating Federal Housing Administration single-family loans, nonbank mortgage lenders have become bigger players in the Ginnie Mae program.
May 18 -
Confidence among homebuilders unexpectedly fell in May, reflecting cooling sales and slower buyer traffic, a sign the residential real estate market will take time to gain momentum.
May 18 -
Nomura Holdings Inc. and Royal Bank of Scotland Group should pay $806 million in damages to government-owned mortgage companies over misleading securities pitches, a federal housing agency told a judge.
May 15 -
The Federal Housing Finance Agency provided more details Friday about key features for the new single security that will be issued by Fannie Mae and Freddie Mac.
May 15 -
The Mortgage Bankers Association's Builder Application Survey reported that applications for new-home purchases rose by just 0.3% in April.
May 15 -
The multifamily market is heating up as apartment owners and investors refinance in a rush to lock in low interest rates, but caps on government-backed lending programs are threatening to disrupt momentum.
May 15 -
Nationstar Mortgage Holdings president and chief operating officer Harold Lewis has announced his plans to retire and resign his posts with the company, effective May 31.
May 14 -
Lenders are heading into the MBA's Secondary Market Conference with stronger origination volumes and secondary market relationships than last year. But how long will these volumes last and how can the industry make the most of them?
May 14
National Mortgage News -
Fannie Mae has created a new financing option for multifamily properties looking to undergo energy- and water-cost saving improvements.
May 14 -
Other regional Federal Home Loan Banks are lining up so their members can securitize FHA and VA loans through Chicago FHLB conduit.
May 14 -
The average rate for a 30-year fixed mortgage was 3.85% this week, up from 3.8% last week and the highest since mid-March.
May 14 -
Mortgage origination activity slowed in the first quarter compared with the fourth quarter of 2014, but showed improvement on a year-over-year basis.
May 14 -
The number of mortgage loan products offered increased in April, driven by lenders adding the FHA's 203K home improvement program, VA offerings and jumbo products to their mix.
May 12 -
The Federal Agricultural Mortgage Corp.'s net earnings rose in the first quarter to $13.3 million, more than seven times higher than its income of $1.8 million during the same period in 2014.
May 11 -
More lenient capital requirements than expected from Fannie Mae and Freddie Mac were good news for two legacy private mortgage insurers, but another is facing a bigger deficit than initially thought.
May 11 -
In response to the guidance offered by one of our commenters recently, Freddie Mac sets the record straight about their review process.
May 11
Freddie Mac -
A lot of bankers want on-balance-sheet mortgages declared ultrasafe under federal rules, and Wells Fargo executive Brad Blackwell explains why he thinks it's in their self-interest more than ever to live up to their arguments in favor of such a policy.
May 11 -
Genworth Financial Inc., the insurer divesting units after posting record losses, has sold 14% of its Australian mortgage-guaranty unit, the company announced on May 11.
May 11 -
Home prices climbed in 85% of U.S. metropolitan areas in the first quarter as low mortgage rates and the strongest labor market in almost seven years spurred demand.
May 11 -
Trading of securities backed by Fannie, Freddie and Ginnie is down sharply since the beginning of the year. Bankers' concerns about capital and rates are among the reasons, and the problem may ultimately make the underlying market for mortgages less liquid.
May 8










