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Pershing Square Capital Management bought common shares of Fannie Mae and Freddie Mac common stock, and may seek talks with management, shareholders and the government.
November 15 -
Financial regulators acknowledged Thursday that the data they use to determine fair lending violations in certain cases could be improved, but said they would not stop using such information.
November 15 -
Nationstar, Ocwen and Walter Investment picked a tough time to make an aggressive push into mortgage lending, but their efforts could pay off once new mortgage rules kick in.
November 15 -
Will the Consumer Financial Protection Bureau hold the loan officer liable?
November 14
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Lenders should inform borrowers they will receive electronic disclosures as early on in the process as possible so they know to be on the lookout for them, which has the dual benefit of reducing compliance risk and improving the process for consumers.
November 14 -
New and resale houses and condominiums sold statewide in October were up about 1% from the prior month.
November 14 -
A pre-approval letter should come from a major lender and not some no name mortgage broker.
November 14
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Total household indebtedness rose by $127 billion in 3Q13 from the prior quarter, mostly due to rising balances on mortgages, student loans and auto loans.
November 14 -
Stonegate Mortgage Corp. executives credit the nonbanks differentiated mortgage banking platform and their solid business execution practices for mitigating risk despite revenue declines amid rising interest rates.
November 14 -
The companies would be acquired in exchange for about $35 billion in GSE preferred stock, and at least $17 billion in additional funds would be raised from preferred holders and a rights offering.
November 14 -
October marked the 16th consecutive month where scheduled judicial foreclosure auctions increased from a year ago.
November 14 -
Bank of America has created a technology platform to better connect mortgage holders to customer service employees when those customers fall into delinquency.
November 14 -
It is their corporate culture which sets Quicken apartbut that culture is what others can copy.
November 14 -
The CBO suggests an increase in Fannie Mae and Freddie Mac loan fees as a revenue option.
November 13 -
The Synergy Award commends technology initiatives and alliances that encourage the integration of software and processes to promote automation, efficiency and broad mortgage industry use. Learn about this year's finalists and see who won the 2013 MT Award.
November 13 -
The donation benefits a new financial education program introduced by one of the nations largest financial counseling organizations.
November 13 -
The new rules will result in underwriters placing additional scrutiny on these applicants.
November 13
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Mortgage rates would have to get into the double-digits to tip the balance in many areas, but in a few key regions they would only have to top 5%.
November 13 -
When choosing either to fight or take flight, in the mortgage industry it is causing significant M&A activity.
November 13
STRATMOR Group -
Consumer advocates are concerned about lenders shying away from much-needed loans as a result of the new rules.
November 13









