Economy

Freddie Mac is auctioning off $135 million in nonperforming residential whole loans.

A subsidiary of Goldman Sachs was the winner for all four pools in Fannie Mae's latest nonperforming loan sale.

Mortgage applications for new home purchases slipped 11% in April from the month before, according to the Mortgage Bankers Association.

The government-sponsored enterprises' risk-sharing deals are being hailed as an innovative approach for Fannie Mae and Freddie Mac to offload credit exposure to private markets. But their growing popularity is raising questions about how these transactions should be reported in financial statements.

Goldman Sachs and Citigroup each have filed for new commercial-backed mortgage securitizations this week.

Foreclosures continued to decrease in the first quarter, while delinquencies remained flat from the previous quarter, according to the Mortgage Bankers Association.

Following disappointing April employment data, mortgage rates are at their lowest point of the year, according to Freddie Mac.

Redwood Trust is broadening what kinds of prime jumbo mortgages it will accept and its appetite for non-qualified mortgages.

Mortgage banks were more likely than other lenders to see a competitive advantage from the implementation of the TILA-RESPA integrated disclosure rules, according to a survey from Fannie Mae.

Stonegate Mortgage Corp. expanded its loss year-over-year following a decline in mortgage servicing rights assets.

Savvy salespeople live by the motto ABC: Always Be Closing. Here's a look at loan officers featured in the Top Producers Rankings who took that mantra to new heights by posting triple-digit increases in their annual mortgage origination volume.

First Guaranty Mortgage Corp. in Tysons Corner, Va., has purchased consumer-direct lender goodmortgage.com.

Homeowner estimates still outpace appraiser valuations across most of the country, but the gap between the two appears to be shrinking.

HomeBridge Financial's Michael Stallings took a desire to help military veterans and grew that into a hearty business focused on bringing other veterans the cornerstone of homeownership.

The number of homes at some stage in the foreclosure process dropped in March to its lowest level since October 2007, according to CoreLogic.

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?

Commercial real estate executives remain upbeat about their prospects for 2016, though they do see some potential hurdles on the horizon, according to CIT Group's 2016 Commercial Real Estate Outlook survey.

Property valuations for specially serviced U.S. commercial mortgage-backed securities have dipped, according to Fitch Ratings.

The Consumer Mortgage Coalition is arguing that the bill has serious flaws by allowing private insurers to undercut pricing on federal flood insurance policies by offering high deductibles and exclusions to homeowners with mortgages guaranteed by the government-sponsored enterprises.

Consumer confidence in the housing market rebounded in April from an 18-month low the month prior, Fannie Mae reported Monday.