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Banks have made progress cutting their exposure to risky home equity lines of credit, ahead of a key 10-year threshold when billions of dollars of them will reset to higher monthly payments. But there are some prominent exceptions, especially among regional banks.
January 29 -
Freddie Mac priced its first Structured Agency Credit Risk transaction of the year. The Series 2015-DN1 was upsized to $880 million from $775 million originally.
January 29 -
South Florida is inching closer to housing stability, according to a monthly report by Freddie Mac.
January 29 -
Mortgage interest rates rose by three basis points compared with the previous week, the first time there has been an increase since the last week of December, according to Freddie Mac.
January 29 -
Regulatory attention is supposed to be laser-focused on servicers right now, especially when it comes to how consistent they are in applying workouts. So regulators should be looking closely at whether loans have forbearance.
January 29
National Mortgage News -
A judge rejected a bid by the U.S. to put on hold a series of suits by Fairholme Funds and other investors challenging the diversion of profits from Freddie Mac and Fannie Mae to the Treasury.
January 29 -
Joining the hunt for higher-yielding niche loans, the asset management unit of NewOak Capital has quietly launched a private fund to acquire nonqualified residential mortgages.
January 28 -
Societe Generale is entering the U.S. commercial mortgage-backed securities market and has hired a team of more than 10 people from Royal Bank of Scotland Group for the effort.
January 28 -
Aiming to address a nationwide shortage of affordable housing, FHA has launched a risk-sharing pilot program that it hopes will encourage community development lenders to finance the rehabilitation of smaller multifamily apartments.
January 28 -
Lenders could save time and money by offering homeowners the opportunity to finance the purchase of a rooftop solar system into a new mortgage.
January 28








