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Bound by law in two different ways: the expectation to comply with the new mortgage servicing rules and investor demands, mortgage servicers still are navigating through the regulatory changes.
May 7 -
A Las Vegas mortgage agent was sentenced to serve 15 months in prison for participating in a fraud scheme that generated more than $1.2 million in fraudulent mortgage loans.
May 7 -
A number of real estate investment trusts are taking a close look at "securitization 2.0."
May 7 -
Fannie Mae and Freddie Mac seller/servicers completed nearly 97,740 Home Affordable Refinance Program refinancings in Februaryabout 250 more refis than the prior month.
May 7 -
In the modern world, paper documents are an obstacle between servicers and their own potential competitiveness.
May 7 -
Genworth U.S. Mortgage Insurance's CEO said private mortgage insurance is currently very competitive with the Federal Housing Administration.
May 7 -
The ability-to-repay standards and qualified mortgage definitions issued by the Consumer Financial Protection Bureau leaves the consumer with little or personal responsibility for their actions.
May 7 -
Demand for prime purchase mortgages picked up over the past three months and a few banks relaxed their credit standards.
May 7 -
House prices jumped 1.9% in March from the prior month, which sent the year-over-year increase in prices to their highest level in seven years.
May 7 -
Compliance is one of the big topics of discussion at this years Mortgage Bankers Association National Secondary Market Conference in New York.
May 6
National Mortgage News




