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Mortgage bankers are worried that the GSEs might be ushering in a score card rating on all their customers tied to net worth, loan quality and more.
September 21
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Initial demand shifted toward the long bond in the pricing of Fannie Mae’s latest multifamily delegated underwriting and servicing REMIC deal.
September 21 -
Was Berkshire Hathaway faking an interest in Residential Capital Corporation?
September 21
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Former Total Mortgage Services wholesale manager Domenic Melillo has joined National Mortgage Insurance, a new MI firm.
September 21 -
An EquityLock Protection contract protects the value of a customer’s home from future local market declines for up to 15 years.
September 21 -
Bank of America is continuing to unload large chunks of its mortgage servicing portfolio.
September 21 -
Rep. John Campbell, R-Calif., introduced a bill that would cut off a community’s access to government-backed loans if local officials invoke eminent domain to seize mortgages.
September 21 -
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




