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Almost four in 10 active investors said they plan to increase their purchases of residential investment properties, while 26% said they would keep their activity level the same.
September 20 -
Who's on the Fannie/Freddie 'High Risk' watch list? Well, we can guess who isn't on it.
September 20
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For the week ending Sept. 20, 30-year fixed-rate mortgages fell six basis points to 3.49%, matching the record low, while 15-year FRMs declined eight basis points to 2.77%, setting a new record low.
September 20 -
Fannie Mae Chief Economist Doug Duncan explains the impact of the eurozone crisis on the mortgage industry.
September 20 -
In late October $365 billion of mortgage servicing rights belonging to Residential Capital Corp. will be auctioned off to the highest bidder.
September 20 -
A new report from the Federal Housing Finance Agency inspector general on Fannie Mae’s MSR deal with Bank of America also confirms that the GSE tried to buy specialty servicer Litton Loan Servicing.
September 19 -
A law firm that won an $8.5 billion settlement from Bank of America Corp. tied to faulty mortgage bonds said Wells Fargo and Morgan Stanley failed to service $73 billion of similar securities, creating a default.
September 19 -
Mortgage Builder is set to release the latest version of its loan origination system.
September 19 -
Does a borrower whose mortgage is underwater have an obligation to continue paying their monthly loans if they have the ability to do so? There are different viewpoints to this question.
September 19 -
The overall efficiency of servicers working on delinquent subprime loans improved modestly during the second quarter, reinforcing a recent trend that is likely to continue.
September 18







