Florida Association of Mortgage Professionals 2013 Annual Convention

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Secondary markets

Freddie Mac home-equity loan proposal gets pushback from SFA

The quasi-public entity's plan to buy certain closed-end seconds would constitute "unnecessary government encroachment," the Structured Finance Association said.

By Bonnie Sinnock

1h ago
Earnings

Why PrimeLending remains challenged in near term

The mortgage subsidiary of Hilltop Holdings posted another quarterly loss and volume slipped, but management also sees signs of optimism.

By Brad Finkelstein

2h ago
Climate change

Climate risk? "Urgent but manageable" industry stakeholders say

The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.

By Maria Volkova

April 18
FHFA

FHLBs should double financing for affordable housing, regulator says

In a Senate hearing, Director Sandra Thompson said a raise to the required income threshold provided to affordable housing was on the table, while housing regulators also faced questions related to property insurance hikes and title insurance waivers.

By Spencer Lee

April 18
Servicing

Non-QM delinquencies rise, but losses remain subdued

The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.

By Brad Finkelstein

April 18
Servicing

Ginnie Mae wants more details on mortgage defaults

The government mortgage-bond guarantor will require additional information on foreclosure prevention actions, and retire some forbearance reporting.

By Bonnie Sinnock

April 18