Origination

Fannie and Freddie are irredeemable failures, which must be abolished as the first step in any type of housing finance reform — if current and former officials of the U.S. Department of the Treasury are to be believed.

The congressman thinks there could be an opportunity to push covered bond legislation through now that a standoff over the debt ceiling has been resolved.

Funds associated with David Tepper sued to block CWCapital Asset Management LLC from recovering more than $500 million in interest from the mortgage on Manhattan's largest apartment complex.

Homeowners are less and less pushed to sell by market conditions, according to Seattle-based brokerage firm Redfin.

Amid a renewed focus on improving customer service and the overall borrowing experience, lenders surveyed by National Mortgage News indicate a strong interest in customer-relationship management software, but remain tepid about electronic signatures.

Home prices climbed in 87% of U.S. metropolitan areas in the third quarter, with gains nationwide slowing to a healthier pace, the National Association of Realtors said.

Rates on 30-year fixed-rate mortgages rose to the highest level since the end of July as a strong jobs report increased the likelihood that the Federal Reserve will boost borrowing costs for banks.

Four Federal Home Loan Banks have recruited 74 members to participate in their new Mortgage Partnership Finance jumbo loan program.

Renters who want to become homeowners are having a difficult time making the move because they can't afford a down payment, according to Zillow.

A key element to the final qualified mortgage rule is supposed to deliver QM protection to otherwise unqualified loans, opening up smaller lenders to make more loans. Here's why that's not going to work.