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The new chairman of the Mortgage Bankers Association says the industry needs to make certain that regulators understand that to go beyond consumer protection into excessive credit constraints will damage the housing industry.
October 23 -
Transparency is the word being thrown around by many at the meeting.
October 23
National Mortgage News -
SunTrust would have earned a record high of $152 million on mortgage banking in the third quarter if not for loan buyback reserves.
October 22 -
Residential Capital Corp. will be sold through an asset sale with possibly $4 billion in proceeds going to the bankruptcy trustee.
October 22 -
Fannie Mae and Ginnie Mae are seeking to protect taxpayers as a flood of new lenders apply to do business with them.
October 22 -
Mortgage Bankers Association president and CEO David Stevens declared that Fannie Mae and Freddie Mac should go through the same rule-making process as any other government agency while they are in conservatorship.
October 22 -
Will Ocwen's outsourcing of jobs overseas hurt its bid for Residential Capital Corporation?
October 22
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With origination volumes booming, PennyMac has doubled a repo facility it had with Citibank.
October 22 -
The Consumer Financial Protection Bureau is working closely with state regulators in an effort to ensure a level playing field in the nonbank mortgage sector.
October 22 -
Strong mortgage banking revenue helped boost profits at BancorpSouth.
October 22



