Origination

Freddie Mac said that its 50th offering of multifamily mortgage-backed structured pass-through certificates since it began the program in 2009 is in the pipeline.

Dave Vida of LenderLive Network is one of many in the industry who does not see “anything too new in the loss mitigation space,” but recognizes it has been transformed by the foreclosure crisis.

Rising interest rates had no effect on the delinquency rate spiking 9.9% from May to June.

Like large banks, community banks are facing a steep decline in mortgage income over the next few quarters as the refinancing boom that has largely driven profits in recent years finally comes to an end.

Wells Fargo Securities economists are optimistic that home sales will continue to increase during the second half of this year despite the 100 basis point hike in mortgage rates since May.

The desire to responsibly and successfully own a home is growing again within the hearts of families.

The hangover from real estate owned properties on bank balance sheets was expected to last quite a while.

A Texas bank, 11 state attorneys general and a libertarian group are planning to continue their legal fight to overturn several sections of the Dodd-Frank Act.

Beazer Homes USA on a continuing operations basis took a 22-cent basic earnings-per-share loss for the third quarter of fiscal year 2013 ending June 30.

The technology stock closed over 16% higher based on its 2Q13 results.