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The Federal Housing Finance Agency's final guidelines for evaluating "duty to serve" activities create new ways for Fannie Mae and Freddie Mac to get extra credit for going above mandatory levels of lending to underserved markets.
November 30 -
Mortgage rates moved lower this week, but strong economic data and comments by the outgoing Federal Reserve chair left many anticipating higher rates, according to Freddie Mac.
November 30 -
After 10 years of operation, RoundPoint Mortgage Servicing Corp. has launched a retail mortgage lending division.
November 30 -
Brian Montgomery seems on his way to being confirmed to lead the Federal Housing Administration. But once he gets there, he may find it difficult to be as innovative as he was during his first stint as commissioner — particularly when it comes to reducing FHA premiums.
November 29 -
A 10-year-old fraud case against two San Luis Obispo County, Calif., lenders has ended in a hung jury.
November 29 -
Home prices rose again in the third quarter, where they showed little evidence of slowing down, according to the Federal Housing Finance Agency.
November 29 -
Just to keep up with rising home prices in the Seattle area, would-be buyers needed an $11,000 pay raise in the past year to afford the typical mortgage.
November 29 -
New Penn Financial has entered into a pilot program to provide mortgage financing to participants in Home Partners of America's Lease Purchase program.
November 29 -
Memories of the historic Hudson's store will mingle with hopes for the future Friday as Detroit breaks ground on what promises to be the city's tallest skyscraper.
November 29 -
Mortgage application volume decreased 3.1% from one week earlier as the start of the holiday shopping season likely slowed activity, according to the Mortgage Bankers Association.
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