-
Wells Fargo Home Lending is tapping eOriginal to launch an electronic note program, marking a step forward for the mortgage industry's push toward a more digital process.
October 15 -
The REIT is purchasing another $500 million of credit risk transfer notes through Fannie's L Street Securities program; this is its first deal rated by Fitch.
October 15 -
It's a critical time in Washington, with many key institutions in the mortgage and housing industries getting new leaders. At the Mortgage Bankers Association, there's a renewed focus on maintaining effective influence with decision makers on initiatives like housing finance reform, innovation and the evolving needs of home buyers.
October 14 -
From discussing the future of mortgage tech to debating the shifting sands of political policies, here's a preview of the big issues, topics and ideas when the industry gathers in the nation's capital for the Mortgage Bankers Association's Annual Convention & Expo.
October 12 -
Mortgage-related earnings at five banks were lower due to the effect of higher interest rates on loan volume this year, even though late-season homebuyers improved consecutive-quarter origination numbers at three companies.
October 12 -
Wells Fargo’s first private-label mortgage securitization since the financial crisis doesn’t break any new ground — and that’s probably the point.
October 10 -
Washington Mutual successor WMIH Corp. has completed its pending 1-for-12 reverse stock split and its common shares will soon begin trading under the Mr. Cooper name it inherited from Nationstar Mortgage.
October 10 -
Home price index swaps, treated as a second lien on a property, will be used to reduce the default risk associated with low down payment mortgages, one of the program's creators said.
October 10 -
HSBC will pay $765 million to settle allegations that it sold defective residential mortgage-backed securities in the run-up to the financial crisis, resolving one of the London-based bank's last significant legal challenges with the U.S. government.
October 9 -
D.R. Horton is selling more homes, but its cancellation rates also are higher in the company's primary fiscal year results, a sign that rising mortgage rates may be affecting the market.
October 9













