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Radian Guaranty Inc. did $2 billion in primary new insurance written in February, which is the fifth consecutive month the company has written at least that much volume.
March 7 -
LenderLive Settlement Services, Denver, is moving into the foreclosure/real estate owned title space through its acquisition of MoKan Title Services LLC, Kansas City, Mo.
March 7
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Fannie Mae intends to replace traditional force-placed insurance on its loans with policies from a provider of its choosing, a move that could upend big banks' controversial force-placed insurance practices.
March 7 -
Whether the servicing operation is owned by a bank with an origination arm or not, HARP 2.0 represents both a great opportunity and a real risk for mortgage servicers.
March 7
Equi-Trax Asset Solutions -
Outstanding residential debt serviced by mortgage banking firms fell to $9.1 trillion at yearend, the lowest reading since the third quarter of 2007, according to new figures compiled by National Mortgage News and the Quarterly Data Report.
March 7 -
American Indian housing assistance is perennially underfunded, a trend continued in the Administration's fiscal 2013 budget request. $1 billion would be a good starting point, instead of the current $650 million.
March 7
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President Barack Obama said 2 to 3 million existing FHA borrowers will be able to refinance at a lower interest rate under a new Federal Housing Administration streamline program that cuts mortgage insurance premiums in half.
March 6 -
The Consumer Financial Protection Bureau will issue mortgage servicing rules this year that would impose new limits on force-placed insurance products and require additional disclosures for adjustable-rate mortgages, Director Richard Cordray said Tuesday.
March 6 -
Despite real estate-owned saturation rates rising, national home prices through February reached the lowest levels of decline in over 10 months, according to the real estate asset valuation provider Clear Capital.
March 6
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The government's Home Affordable Refinancing Program has a major flaw, according to one industry veteran -- it doesn't give borrowers a financial incentive to stay in the home.
March 6
