Secondary

Federally insured credit unions with assets of $50 million-plus and concentrations in real estate loans would have to maintain additional capital requirements under the National Credit Union Administration proposal.

The decrease was largely driven by losses at the company's mortgage banking subsidiary, George Mason Mortgage.

KB Home experienced the best gains on the day among stocks included in this publication's Mortgage Industry Equity Composite.

Refinancing dominated application activity, the Mortgage Bankers Association's report weekly report shows.

Debt service coverage ratio has been the one commercial mortgage-backed securities underwriting metric to improve, but higher rates are likely to reverse its course.

LoanLogics is rolling out a management platform that helps improve performance and seeks zero defects.

Through the end of 2014, the unpaid principal balance for this loan portfolio is a little less than $190,000.

The move will give the company a presence in Texas, where several mortgage servicers and originators are located.

Price-to-rent ratios in San Francisco, for example, are up almost 25% since 2012 and near an all-time high. Also, national prices are 15% overvalued, “in real terms,” according to the company.

Secondary market agency agrees to share securitization methods with Japan's housing finance chief.