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Despite home price increases taking place in many real estate markets this year, potential sellers are still reluctant to list their properties for sale, therefore creating tight inventories for prospective buyers.
June 10
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Caliber Funding LLC, an originator which is also owned by Lone Star, and Vericrest Financial are being merged into a single operating entity.
June 10 -
Sen. Elizabeth Warren is taking the Federal Housing Finance Agency to task, criticizing the conservator of Fannie Mae and Freddie Mac for opposing short sale deals designed to keep original borrowers in their homes.
June 10 -
The American Bankers Association and Independent Community Bankers of America are urging the GSE regulator to block Freddie Mac from imposing a $7,500 annual fee on community banks that are low volume seller/services.
June 10 -
The members of the Mortgage Industry Equity Composite saw a more muted version of that enthusiasm, as 11 of the 17 stocks closed up.
June 7 -
In todays competitive environment, efficiency is everything. In short, the days of paper-based processes are quickly coming to an end.
June 7
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Although Fitch has been worried about loosening underwriting standards in the commercial mortgage-backed securities market, it finds that so far delinquencies for CMBS 2.0 remain virtually nonexistent.
June 7 -
Fitch Ratings has raised its ratings outlook on Genworth Life Insurance Co. to stable with a key rating driver being the improve performance of the U.S. mortgage insurance business.
June 7 -
The Chicago office towers One & Two Prudential Plaza have received a hope note modification made possible by a $75 million new equity investment.
June 7 -
Lawmakers have not lifted a finger to give the Federal Housing Administration the authority to regulate its Home Equity Conversion Mortgage program via mortgagee letters.
June 7
