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Mortgage bankers issued $32 billion of Ginnie Mae mortgage-backed securities in July down almost 8% from June. Still, the market remains strong.
August 29 -
It was a $2.8 million Title VI loan that got a housing project off the ground at the San Felipe Indian pueblo in New Mexico.
August 28
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The tamper-evident electronic mortgage seal gets put to the test.
August 28
SigniaDocs -
The Federal Deposit Insurance Corp. reported that banks and thrifts originated $186 billion of closed-end single-family loans in the second quarter through retail means, compared to $170 billion in the first.
August 28 -
The roots of the mortgage crisis stretch back to 1996 with the introduction of Freddie Macs Loan Prospector and Fannie Mae's Desktop Underwriter automated underwriting systems.
August 28
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The Case-Shiller house price index rose 2.3% in both June and May on a nonseasonally adjusted basis and all 20 cities featured in the index posted month-over-month increases in both June and May.
August 28 -
Bank of Oklahoma hired former Fannie Mae executive Elliot Salzman as vice president in charge of correspondent lending.
August 28 -
GFI Mortgage Bankers has agreed to pay more than $3.5 million to resolve a lending discrimination lawsuit filed by the Department of Justice and the U.S. attorney’s office for the Southern District of New York.
August 28 -
Hudson City Bancorp could no longer defy the odds of interest rate risk, agreeing Monday to sell itself to M&T Bank for $3.7 billion.
August 28 -
The Consumer Financial Protection Bureau is not giving residential loan officers much flexibility when it comes to changing their origination fee.
August 28 -
Fannie Mae Chief Economist Doug Duncan explains the impact that housing is having on the U.S. economy.
August 27 -
The National Association of Realtors is forecasting that the vacancy rate on multifamily dwellings will fall to 4.2% this quarter compared to 5.6% a year ago as high demand outstrips supply.
August 27 -
Over the past several years, there has been an increased focus on determining risk associated with the participants facilitating a loan transaction.
August 27 -
Morrison & Foerster can't say it hired the attorney who wrote the CFPB's rulebook. But it picked up the guy who started the job.
August 27 -
Lender Processing Services and RentRange will offer rental property income data to mortgage servicers, investors and others who need it to make informed decisions about distressed housing assets.
August 27 -
Phillip Matous wants to make sure legislators in his state understand the weight of the regulatory burden credit unions and other lenders are bearing.
August 27 -
I talk to dozens of mortgage professionals each month and without even asking, I get an earful about too much regulation in the residential finance/servicing industry.
August 27
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Four years is a long time, but even longer when comparing banks' relationship with Washington since the last round of political conventions.
August 27 -
Residential Capital Corp./GMAC Mortgage has hired Steve Hewins as vice president in charge of vendor strategy and governance.
August 27 -
M&T Bank Corp. said it would buy New Jersey-based Hudson City Bancorp in a deal valued at $3.7 billion.
August 27








