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High loan-to-value ratio lending is gaining ground, spurred by the reintroduction 12 months ago of GSE-backed products that only require a 3% down payment, according to Black Knight Financial Services.
December 8 -
Fannie Mae has updated its underwriter servicing tool to make it easier for servicers to determine the eligibility of distressed homeowners for a loan modification.
December 8 -
Freddie Mac has sold about $1.1 billion of seriously delinquent loans serviced by Wells Fargo.
December 8 -
A former Jefferies & Co. managing director accused of lying to customers about bond prices had his fraud conviction overturned in the latest blow to the governments effort to hold individuals accountable for alleged wrongdoing on Wall Street.
December 8 -
Onslow Bay is making its debut in the securitization market with $231 million of bonds backed by mortgage loans the real estate investment trust acquired from several lenders, according to Standard & Poor's.
December 8 -
Seven years after the housing bubble collapsed, Wall Street's appetite for riskier mortgages is returning.
December 8 -
Fannie Mae just took out a potential chunk of private label CMBS supply. The government-sponsored enterprise said it's helping fund Blackstone's purchase of Stuyvesant Town.
December 7 -
More consumers expressed worries about the housing market, as prospects for higher income remained suppressed, Fannie Mae said.
December 7 -
HLP, formerly known as Hope LoanPort, has selected CoreLogic executive Faith Schwartz as chair of its board of directors.
December 7 -
Legislative proposals to reform the housing finance system have failed to garner enough support, but a surprisingly simply reform idea is in plain sight: deeper private mortgage insurance coverage.
December 4

