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Carrington Mortgage Services' decision to offer subprime mortgage loans was a natural progression from its decision four years ago to concentrate on borrowers with credit scores under 640.
April 3 -
There is an oncoming liquidity crisis that will force consolidation in the mortgage industry as margins tighten and funding sources dry up.
March 28 -
Issuance of Ginnie Mae securities backed by reverse mortgages rose above $1 billion for the second time in two years, according to the government agency's latest monthly report.
March 20 -
A mortgage program created by a 2015 partnership between the Federal Home Loan Bank of Chicago and Ginnie Mae has securitized over $1 billion in government-backed mortgages, the partnership announced.
March 14 -
From investor angst to regulatory scrutiny, here's a look at three obstacles that must be addressed before Ocwen Financial can acquire PHH Mortgage.
March 1 -
Nine lenders have been warned by the U.S. that they will be kicked out of a top mortgage program within months unless they find ways to stop costly rapid refinances of veterans' loans.
February 8 -
Supporters of an unreleased bill to revamp the housing finance system say the plan strikes a middle ground that can gain support from both sides of the aisle.
January 24 -
Here's a look at what happens at five federal agencies that support the mortgage industry during a government shutdown.
January 19 -
From consolidation to tech innovation, here's a look at some of the top challenges and trends that mortgage executives from lenders, servicers and vendors are focused on for 2018.
December 28 -
Securitization of nonperforming home equity conversion loans was pioneered by Nationstar; FAC's inaugural deal may be outstanding longer.
December 7