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The Government National Mortgage Association has loss reserves of roughly $357 million.
November 20 -
Among residential lenders, JPM’s mortgage division, Chase, ranks second nationwide.
November 20 -
Credit Suisse analyst Moshe Orenbuch writes in a new research note that management at Wells Fargo is "optimistic about the overall positioning of the mortgage business.”
November 20 -
Not all forms of relief are credited on a dollar-for-dollar basis under the attorney general settlement.
November 19 -
Fitch Ratings is keeping Genworth Life Insurance with a negative rating outlook in large part because of the “continuing, albeit lower” losses at its private mortgage insurance sister company. But it believes management will still provide capital to the troubled unit.
November 19 -
Fannie is seeking to require banks and other mortgage servicers to replace existing force-placed policies on loans it guarantees with insurance provided by a consortium of carriers offering 30% to 40% discounts.
November 19 -
The CFPB is open about what it looks for when it examines mortgage firms.
November 19 -
Wells Fargo has temporarily halted loan reviews until it receives guidance from the Federal Emergency Management Agency.
November 19 -
No, FHA isn't broke, not yet at least, but it may need to delay writing some claim checks to avoid tapping Uncle Sam.
November 16
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In the third quarter Stearns Lending funded $3.1 billion of home mortgages, an 88% improvement over the past 12 months.
November 16





