-
Arch's second CRT transaction this year to obtain indemnity reinsurance for mortgage-insurance premiums comes at a time it is also experiencing rising 60-plus-day delinquencies on its outstanding securitized pools.
August 31 -
Also: NMN analyzes political donations from the industry, foreclosure and eviction ban extended to year's end.
August 28 -
Refinancing has been one of the bright spots in a difficult year for lending, and the industry has concerns that a fee to be imposed by Fannie Mae and Freddie Mac could slow down the business.
August 28 -
As the end of the first six-month forbearance period arrives, the impact of the new cap is coming into focus.
August 27 -
Both the Federal Housing Finance Agency and Federal Housing Administration are extending relief for homeowners and renters due to the pandemic crisis.
August 27 -
The mortgage giants were criticized earlier this month for a plan to charge an "adverse market fee" to protect against losses resulting from the pandemic.
August 25 -
The number of loans going into coronavirus-related forbearance decreased for the tenth straight week, but to a lesser degree than in previous weeks, according to the Mortgage Bankers Association.
August 24 -
Meanwhile, July saw a record surge in existing-home sales, while mortgages in serious delinquency were on the rise
August 21 -
There were questions about the GSEs' use of structured credit risk transfers in the single-family market given an earlier pandemic-related market disruption.
August 21 -
Lenders initially won't be able to pass on the cost of the Federal Housing Finance Agency's "adverse market fee" to borrowers whose rates on GSE-backed mortgages and refinances are already locked in.
August 20