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Four real estate professionals could face up to 30 years in prison and hefty fines after being indicted on charges related to allegedly defrauding Fannie Mae, Freddie Mac and multifamily lenders.
May 23 -
Home sales in both Manhattan and Arlington, Va., jumped after Amazon.com Inc. selected the two sites for its second headquarters. However, the Manhattan market cooled after Amazon dropped the city from the list.
May 23 -
Colorado was a leader when it came to missed mortgage payments and foreclosures in the years before the 2008 financial crisis. Now, no state can compare when it comes to borrowers who are timely on their mortgage payments and hanging onto their homes.
May 23 -
South Florida's spiraling home prices may be on the verge of calming down a bit.
May 23 -
The two lenders are bucking the trend for the overall industry, which saw year-over-year mortgage growth slide to a 17-year low in March, according to the Bank of Canada.
May 23 -
FHFA Director Mark Calabria should ensure the government-sponsored enterprises hold at least 4% of total assets as part of housing finance reform.
May 23
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Sales of new homes cooled in April from an 11-year high amid a surge in prices, adding to signs of softness in housing at the start of the quarter.
May 23 -
The decline in average mortgage rates since the start of the year is driving higher purchase demand, especially at the higher end of the market, according to Freddie Mac.
May 23 -
The charge against Chicago banker Stephen Calk grew out of Mueller’s investigation into Russian interference in the 2016 presidential election.
May 23 -
In a weak first quarter, housing activity held up better for first-time homebuyers than others, according to a new Genworth Mortgage Insurance report.
May 23 -
Rising prices and a shortage of starter homes hobbled home sales in the Twin Cities last month.
May 23 -
At a time when costs continue to soar and regulators weigh reforms for Fannie Mae and Freddie Mac, more than half of the Democratic presidential candidates have talked about housing on the campaign trail.
May 22 -
Despite the benefits of going to a fully or hybrid digital mortgage process, some lenders still hesitate to adopt it as fast as expected.
May 22 -
Government-sponsored enterprise executives say they want to continue to offer credit risk transfers and guarantee-fee parity after the GSEs are released from conservatorship, but they might not be able to.
May 22 -
The parent of Ponce Bank has agreed to acquire Mortgage World Bankers.
May 22 - LIBOR
The development of a replacement index for the London interbank offered rate brought back memories for one secondary market participant of the technology disaster worries many had at the turn of the century.
May 22 -
One year into her tenure as SunTrust Banks' mortgage transformation officer, Sherry Graziano has put into motion several initiatives that are redefining the role of loan officers at the Atlanta-headquartered company.
May 22 -
Private mortgage insurers can help to ease banks' compliance burden when it comes to the Current Expected Credit Loss accounting standard, an industry executive said.
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