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Daniel Mudd ended a five-year fight with the U.S. government Monday after the former head of Fannie Mae agreed to pay $100,000 to settle allegations that he misled investors about the mortgage backers exposure to subprime loans during the run-up to the financial crisis.
August 22 -
As the volume of maturing commercial mortgages has spiked, so has the number of loans transferred to special servicing when they fail to pay off.
August 22 -
Reynolds and Reynolds subsidiary International Document Services has added a fulfillment dashboard to its idsDoc mortgage document preparation system.
August 22 -
First Community Mortgage is taking somewhat of an unusual approach with its latest branding campaign.
August 22 -
The market for existing home sales moved closer to its full potential in July, according to First American Financial Corp.
August 22 -
Nationwide, new home construction isn't keeping up with rising prices and demand. But in certain areas of the Southwest and Southeast, builders are bucking this trend, creating housing supply that is more flexible to market fluctuations.
August 22 -
Prepayment activity declined during July in spite of the low rates that added to the number of borrowers who could refinance, Black Knight Financial Services said in its "First Look" data release.
August 22 -
Donald Trump had heard all the chatter, the idle talk about how the U.S. housing market was overheating and trouble was looming. He was unfazed. It was the spring of 2006 and he was pushing a new mortgage business, Trump Mortgage LLC.
August 22 -
The Federal Housing Administration should look to private mortgage insurance companies as a model for how to standardize the claim review process.
August 22
ACES Risk Management Corp. -
Clara, a new online mortgage lender, has launched with $27 million in equity financing.
August 19


