-
GameStop's plan to shutter up to 200 stores could adversely affect commercial mortgage-backed securities loans with a combined allocated property balance of almost $42 million, according to Morningstar Credit Ratings.
October 21 -
As lawmakers tackle Fannie Mae and Freddie Mac, any revamp must lessen risk to the mortgage system and U.S. taxpayers.
October 21
Treliant Risk Advisors -
BSI Financial's chief executive weighs in on changes in the interest rate environment, the evolution of digital mortgage servicing and natural disasters.
October 21 -
Regulators have long warned the credit bureaus about deceptive marketing that causes consumers to sign up unwittingly for paid monitoring services. But the practice has persisted, according to complaint data.
October 20 -
Draft legislation would amend the Bank Service Company Act to give the National Credit Union Administration third-party vendor oversight, a power it has been requesting for the better part of two decades.
October 18 -
Count Citizens Financial’s Bruce Van Saun among those who think interest rate cuts could halt by mid-2020. The key, he says, is to focus on delivering services customers are willing to pay fees for and to skillfully reprice deposits until then.
October 18 -
Renovation spending is decelerating faster than expected this year, but could slow with more deliberation than previously anticipated next year, according to Harvard University's Joint Center for Housing Studies.
October 18 -
The high court will decide how much latitude a president has to fire the director of an independent agency.
October 18 -
Home sales continued to perform in line with their potential in September and indicators suggest housing will keep flourishing through the fourth quarter, according to First American.
October 18 -
Million-dollar homes in the U.S. are shrinking fast. Nowhere is that more stark than in Nashville, a superstar economy brimming with high-paying jobs, hip bars and new luxury downtown condos.
October 18 -
While foreclosures and distressed mortgages continue to descend overall, trends are moving in the opposite direction in a handful of states, according to Attom Data Solutions.
October 18 -
Many mortgage servicers are still relying on spreadsheets to manage their tasks, rather than looking to automation as a problem solver.
October 17
Clarifire -
In her second day of congressional testimony, Kathy Kraninger took heat from Senate Democrats for weighing in on constitutional questions about her agency and for her enforcement track record.
October 17 -
Single-family mortgage production this year is expected to be 3% higher than anticipated last month, according to Fannie Mae, which revised its estimates based partly on a stronger housing outlook.
October 17 -
Mortgage applications to purchase new homes dropped 8% in September from August, as ongoing uncertainty over interest rate movements and economy likely kept buyers out of the market, the Mortgage Bankers Association said.
October 17 -
New-home construction in September pulled back from a 12-year high though the key single-family category was stable, signaling the housing market is firming amid low mortgage rates and steady demand.
October 17 -
Strong economic trends like an improved employment outlook and rising homebuilder sentiment helped to drive average mortgage rates up 12 basis points from a week ago, according to Freddie Mac.
October 17 -
The four prudential agencies, which will enforce the new credit loss methodology developed by the Financial Accounting Standards Board, said they want to promote consistency.
October 17 -
Gentrification and rapid home price growth have intensified the loss of wealth the African-American community experienced post-crisis, widening the chasm between what white and black borrowers can afford, Redfin found.
October 17 -
For the mortgage industry, the question of whether the Fed can control its target range for interest rates is crucial for managing volatility.
October 16
Whalen Global Advisors LLC




















