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Real estate investors are shifting their purchases to multifamily properties as the number of available distressed single-family homes for sale has been depleted over the past two years.
May 7 -
Fannie and Freddie will have more room to finance affordable rental housing, but it is unclear if it's enough to prevent possible disruptions later this year.
May 7 -
Mercury Network, the mortgage lender and appraisal management company software unit of a la mode, was acquired by private equity firm Serent Capital, the companies announced Thursday.
May 7 -
PHH Corp. reported a strong jump in income due to favorable adjustments to mortgage servicing rights and increased mortgage application volume.
May 7 -
Walter Investment Management Corp. dropped to a $31 million net loss on decreasing net servicing fees and a significant fair value charge to mortgage servicing rights.
May 7 -
Conforming loan rates hit their highest levels in two months during the first week of May, according to the Freddie Mac Primary Mortgage Market Survey.
May 7 -
To survive and thrive, community banks must follow the lead of nonbank mortgage lenders by embracing digital technology and customer convenience.
May 7
Liberty Bank -
The Boston and San Francisco Home Loan banks are poised to join the MPF Direct program, which allows FHLB members to sell jumbo loans to Redwood Trust.
May 6 -
The regulator of Freddie Mac and Fannie Mae plans to ease annual restrictions on their apartment mortgage business to prevent a lending slowdown.
May 6 -
Quarterly delinquency rates hit their second lowest rate since 2007-2008's real estate meltdown, according to the Mortgage Bankers Association.
May 6



