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When reporting defaults on government-insured single-family mortgages, the FHA identifies the primary borrower to a government database, but rarely provides the names of the co-borrowers, HUD's inspector general found.
July 7 -
Cerberus is is financing low-volume deals for small investors through its FirstKey Lending; Blackstone's B2R Finance LP. is making a similar push to mom-and-pop landlords.
July 7 -
Analysts are projecting Ginnie Mae could surpass Freddie Mac in outstanding MBS by next July.
July 7 -
SunTrust Banks agreed to pay as much as $320 million to resolve federal allegations it mishandled applicants for mortgage modifications.
July 3 -
Banking presents opportunities for non-depository mortgage companies seeking to boost competitiveness and expand market share.
July 3
BuckleySandler -
As interest rates rise and loans become more likely to stay on the books, more banks may show up on the buy side of the market for mortgage servicing rights.
July 3 -
CWCapital Asset Management and Wells Fargo were sued by lenders claiming they are being cheated out of hundreds of millions of dollars in the takeover of the Stuyvesant Town and Peter Cooper Village development in Manhattan.
July 3 -
Ginnie Mae is paying particular attention to nonbank servicers due to the same concerns an inspector general has raised about servicing transfers involving Fannie Mae and Freddie Mac loans.
July 2 -
The nomination deadline for the 2014 Mortgage Technology Awards has been extended until 6 p.m. EDT Thursday, July 10.
Click Here to Enter. July 2 -
Merscorp must face a trial to determine how much it owes Pennsylvania counties for shortchanging them on mortgage recording fees, a judge ruled.
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