Loan Think

There have been a great many foreclosure sales in recent years, so they are undoubtedly a large factor in some markets and, in others, have been the markets themselves.

We're hearing that the Senate is bracing for a fight over the confirmation of Rep. Mel Watt to be the new GSE regulator.

It refers to integrating each step of the loan process, from pre-origination activities all the way through servicing to lien satisfaction, in a unified suite of software running on a common platform.

For investors who have thrown big wads of cash toward the “safety” of long-term bonds, the end of low interest rates will not be a welcome one.

This action by the CFPB will likely spur additional complaints by other regulators and borrowers against other companies.

Since the Castle & Cooke case was just filed the outcome remains to be seen.

Recent increases in Federal Housing Administration mortgage insurance premiums are giving a much needed shot in the arm to the private mortgage insurance industry.

With the recent uptick, banks are rushing to either reinvigorate their construction funding desks or establish new construction lending units.

We're hearing from the great state of Minnesota where a court last week issued a decision involving a claim for money damages and rescission of a mortgage loan based on the alleged failure of the lender to provide a Truth in Lending Act form to the buyers at closing.

Barry Habib, chief market strategist for Residential Finance, offers his insights into the Federal Housing Finance Agency's House Price Index and the latest new home sales report for June.