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Freddie Mac is auctioning off $135 million in nonperforming residential whole loans.
May 13 -
A subsidiary of Goldman Sachs was the winner for all four pools in Fannie Mae's latest nonperforming loan sale.
May 13 -
Foreclosures continued to decrease in the first quarter, while delinquencies remained flat from the previous quarter, according to the Mortgage Bankers Association.
May 12 -
American International Group's mortgage insurance business has secured indemnity reinsurance coverage for a portfolio of policies from 2008 and earlier.
May 11 -
The number of homes at some stage in the foreclosure process dropped in March to its lowest level since October 2007, according to CoreLogic.
May 10 -
After the Home Affordable Modification Program ends, servicers will employ myriad proprietary workout options to meet ongoing compliance requirements. But will more discretion in loss mitigation practices create consumer and investor confusion?
May 10
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The Making Home Affordable program has been extended and expanded so many times that it's gotten hard to imagine life without it. But its two primary initiatives have served their purpose and the days may be numbered for HAMP and HARP.
May 9
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Borrowers who have defaulted in the past are generally considered to be a bigger risk than those who have never missed a payment. Yet the early performance of bonds backed by rehabbed residential mortgages is pretty strong.
May 5 -
Under the Federal Housing Finance Agency's new mortgage modification program, less than 1% of all seriously underwater properties might qualify for principal loan forgiveness, according to RealtyTrac.
May 5 -
United Guaranty's pretax operating income of $163 million benefited from lower mortgage delinquency rates but a decline in refinance originations affected the amount of new insurance written.
May 3
