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If approved by the Federal Housing Finance Agency, the program will not lead to large amounts of home equity being extracted, nor is it mission creep, wrote Keefe, Bruyette & Woods analyst Bose George.
May 28 -
Unusual spikes in property taxes and insurance in many areas are causing servicing concerns that mortgage companies may not be used to managing.
May 28 -
Prices in a measure of 20 cities increased 7.4% from a year earlier, larger than the 7.3% annual gain in February, an S&P CoreLogic Case-Shiller index shows.
May 28 -
Gen Z is buying homes at higher rates than previous generations, and finding creative ways to save money in the process.
May 28 -
A pair of recently created consulting firms seek to shift lender thinking to make compliance a front-of-mind target, not merely a cost center.
May 26 -
Despite a recent warning about an uptick in prepays, FHA seems to be leaning in the direction of adopting changes that will increase them, writes the chairman of Whalen Global Advisors.
May 24Whalen Global Advisors LLC -
Companies are seeing evidence of income falsification, which previous research shows is the most common type of fraud or defect risk.
May 23 -
But some of the financial damage lenders have on mortgage originations comes from their own disclosure errors, Intercontinental Exchange added.
May 23 -
The 10-year Treasury yield, one of the mechanisms used to price 30-year fixed rate mortgages, is higher than where it was one week ago.
May 23 -
Mortgage-related businesses need to use a variety of low-cost tools to mitigate their risks, according to a panel of cyber risk leaders.
May 23