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Mortgage interest rates rose by three basis points compared with the previous week, the first time there has been an increase since the last week of December, according to Freddie Mac.
January 29 -
Fannie Mae recently released its Collateral Underwriter automated risk assessment tool, which evaluates the risk associated with appraisals. It does not accept or reject appraisals, nor does it provide lenders with an estimate of a property's value.
January 29
Bradford Technologies -
Joining the hunt for higher-yielding niche loans, the asset management unit of NewOak Capital has quietly launched a private fund to acquire nonqualified residential mortgages.
January 28 -
If Zillow is allowed to acquire rival Trulia, the company says it will maintain both brands' websites.
January 28 -
Societe Generale is entering the U.S. commercial mortgage-backed securities market and has hired a team of more than 10 people from Royal Bank of Scotland Group for the effort.
January 28 -
Purchase loan volume increased in December, reversing a four-month decline, according to the mortgage data firm Ellie Mae.
January 28 -
The government has added further protections to reverse mortgage borrowers' spouses who are not named in the loan agreement, but placed conditions under which they are ineligible for older protections.
January 28 -
Aiming to address a nationwide shortage of affordable housing, FHA has launched a risk-sharing pilot program that it hopes will encourage community development lenders to finance the rehabilitation of smaller multifamily apartments.
January 28 -
Lenders could save time and money by offering homeowners the opportunity to finance the purchase of a rooftop solar system into a new mortgage.
January 28 -
Arch Capital Group is repurposing a subsidiary to insure mortgages that are headed for private securitizations. Insuring such loans separately from the unit that works with Fannie and Freddie lets Arch offer more favorable terms to lenders.
January 28











