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It’s hard to time the next economic slowdown. But lenders, many with lingering memories of the financial crisis, are taking steps now to limit exposure in commercial real estate, construction and other loan segments.
August 4 -
Mortgages auctioned off through a HUD distressed loan sale program perform worse than those unsold and are more likely to result in foreclosure, according to a new Government Accountability Office report.
August 2 -
Many in the industry say releasing GSE-backed loans from stringent underwriting rules has helped the housing market recover, but a new level of regulatory burden could reverse those gains.
August 2 -
Freedom Mortgage's planned purchase of J.G. Wentworth Home Lending would add 570 employees and 35 offices across 46 licensed states and increase the acquirer's servicing portfolio by $6 billion.
August 2 -
Essent Group continued to benefit from the volatility in private mortgage insurers' market share, remaining in second place among the six active underwriters at the end of the recent quarter.
August 2 -
A Sacramento CEO has pleaded guilty to embezzling funds from his employees' pensions, according to the U.S. Attorney for the Eastern District of California.
August 2 -
The Central Texas housing market appears to be on track to set records this year for home sales and prices, an economist said.
August 2 -
June employment by nondepository mortgage bankers and brokers was little changed from the previous month, but later numbers could prove stronger given some influential lenders' interest in staffing up.
August 2 -
The Lehigh Valley is not adding enough housing to keep up with job growth, a recent study finds, a problem shared with other major coastal hubs experiencing soaring economies and debilitating construction costs.
August 2 -
In the next 30 years, an estimated 802,555 homes worth $450 billion are under the risk of flooding, and in turn becoming distressed mortgages, according to a joint study by Zillow and Climate Central.
August 2 -
Mortgage industry hiring and new job appointments for the week ending Aug. 2.
August 2 -
The regulators have yet to complete rules on regional bank supervision, community bank capital and other provisions meant to ease institutions' burden.
August 1 -
Mortgage servicer customer satisfaction levels are among the lowest of any industry as more companies prioritize cost-cutting, regulation and default management over their borrowers, according to J.D. Power.
August 1 -
Fannie Mae's current tack could help it weather some of the new challenges confronting the government-sponsored enterprises, including the planned expiration of its qualified mortgage rule exemption and rate-driven earnings volatility.
August 1 -
Bank of America is tapping the commercial mortgage-backed securities market to refinance the debt on its namesake Manhattan office building, providing BofA and building co-owner The Durst Company with a hefty cash-equity payout.
August 1 -
Mr. Cooper Group reported a second-quarter net loss of $87 million as the company took a $231 million fair value hit to its mortgage servicing rights portfolio.
August 1 -
Black Americans haven't experienced the same increase in housing values, wealth and ownership that white Americans have during the past decade's economic expansion, when home prices soared 73%, according to Redfin.
August 1 -
Connecticut single-family home sales fell in June, the 11th consecutive monthly decline, as the median sale price also dropped.
August 1 -
The Federal Housing Administration is aiming to limit the share of borrowers who have been withdrawing money from the value of their homes.
August 1 -
Mortgage rates were unchanged from last week, but going forward, they are likely to decline following investors' reaction to the Federal Open Market Committee's July 31 short-term rate cut announcement.
August 1
























