Underwriting

Despite pledges last year to move “aggressively” to implement new credit scoring models at the government-sponsored enterprises, the Federal Housing Finance Agency’s effort appears to have stalled.

What's it going to take to boost annual issuance of private-label RMBS roughly tenfold to $100 billion-$150 billion?

Lenders are easing loan standards across all types of mortgage products, according to Fannie Mae's latest survey of mortgage lenders.

Wells Fargo is raising minimum credit score requirements on Federal Housing Administration loans, part of the ongoing jockeying by large banks to limit lawsuits by the Justice Department for defective FHA loans.

There is no universal definition of "TRID-ready," but any vendor claiming it's prepared for the new integrated disclosures should allow lenders to test the changes. Here's what to look for, and the red flags that should be cause for concern.

Connected Investors has created a new centralized real estate investment funding portal that the Wilmington, N.C.-based company believes will simplify deals and relationships.

License numbers for loan officers, real estate agents and settlement agents will be required on one of the new TILA-RESPA integrated disclosure forms, raising questions about whether they could trigger investigations of possible illegal marketing services agreements.

Loan-to-value ratios in commercial real estate lending have returned to their levels from the bubble days, Moody's says. Loss-rates look good for now, but trouble could be coming.

American International Group won a decision that narrowed the claims by six investment funds that opted out of a $970.5 million class-action settlement last year over allegations the insurer misled investors about its exposure to subprime mortgages.

Evans Bancorp in Hamburg, N.Y., has agreed to pay $825,000 to settle a lawsuit that accused the company of mortgage redlining.

The gap between a homeowner's perceived value of their property versus an appraiser's widened in August on a monthly basis, according to Quicken Loans.

Comptroller of the Currency Thomas Curry said banks could consider loan-to-value ratios above 90% to help revitalize areas hurt by the housing crisis.

Total home equity in the United States mortgage market has risen nearly $1 trillion year-over-year to $7.6 trillion, the highest level since 2007, according to Black Knight Financial Services.

Years after the great American housing bust, mortgages akin to the so-called liar loans — which were made without verifying people’s finances — are creeping back into the market.

Two top Justice Department and CFPB officials said this week that they are seeing more instances of redlining and lenders steering minority borrowers into higher cost loans.

Wells Fargo has named Michael DeVito head of mortgage production, making him responsible for its retail and correspondent lending divisions.

Mortgage credit availability loosened in August as lenders have more jumbo loan products and added loans for borrowers with less-sterling credit, according to the Mortgage Bankers Association.

Almost half of single-family houses in the New York and Washington metropolitan areas are losing value, a sign that buyers' tolerance for high prices in many large U.S. cities may be reaching a limit.

The Home Mortgage Disclosure Act data set to be released in the next few weeks will offer new proof that mortgage lending activity was stronger than expected last year. That fresh data, the likely delay in Fed action on rates and other factors could prompt higher volume estimates for 2015.

Mortgage applications rose 11.3% from a week earlier on a seasonally adjusted basis for the week ending Aug. 28, according to the Mortgage Bankers Association.