Mortgages

Fannie Mae has begun accepting bids on its second sale of reperforming loans.

HSBC has met the consumer relief requirements set out under the National Mortgage Settlement, according to the latest report from the settlement's monitor.

Fannie Mae has chosen the winners of its latest nonperforming loan sales, which included 9,400 loans with $1.68 billion in unpaid principal balance.

On the eve of delivering money to help flood victims rebuild their homes, the federal agency is demanding Louisiana repay $6.6 million because of sloppy handling of funds for building low- and moderate-income housing over the past decade.

Walter Investment Management Corp. narrowed its fourth-quarter losses, as disappointed CEO Anthony Renzi called the nonbank lender and servicer's third consecutive annual loss "not acceptable."

The 2017 countdown of the National Mortgage News Top Producers list continues by featuring the loan officers ranked 101-150.

Goldman Sachs is selling $1.02 billion of bonds refinancing the Blackstone Group's acquisition of the Willis Tower, formerly known as the Sears Tower.

Dramatic shifts in borrower expectations and a growing purchase market have elevated consumer-direct mortgages from a refi-driven channel to an alternative for staff-heavy lending to homebuyers.

Continuing a strong start to 2017, February mortgage applications for new home purchases grew 2.2% from a year ago.

New-home construction in Metro Orlando spiked 25% from a year earlier with the biggest boost in The Villages and communities near theme parks.

Home sales and prices in the San Antonio area continued to rise in February, but not at the quick pace that's marked the industry over the past year.

Social Finance's online borrowers are defaulting at higher rates than underwriters for one of its bond deals had expected, the latest sign that an industry that hoped to upend banking is now getting tripped up by bad loans.

At a time when mortgage companies are adding both staff and automation to cater to borrowers' changing needs, one lender has developed a distinctive compensation plan that leverages servicing revenue to encourage retention and recruitment of top producing loan officers.

The 2017 countdown of the National Mortgage News Top Producers list continues by featuring the loan officers ranked 151-200.

Although the Charlotte region's inventory of homes remains tight, February sales rose slightly over the same time last year as more sellers gained the confidence to put their properties on the market.

Hawaii tourism had another record year of arrivals in 2016, but statewide sales of homes typically bought by visitors barely budged.

The City of Milwaukee is set to start foreclosure proceedings against the nonprofit group Esperanza Unida, which owes more than $95,000 in taxes for its site on West National Ave.

Wall Street speculators are zeroing in on the next U.S. credit crisis: the mall.

Banks are stepping up their efforts to win a key exception to the Consumer Financial Protection Bureau's "Qualified Mortgage" rule.

The Department of Housing and Urban Development and Alpine Bank & Trust have reached an agreement to resolve claims that the lender discriminated against African-American and Hispanic mortgage applicants.