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The Federal Housing Administration should look to private mortgage insurance companies as a model for how to standardize the claim review process.
August 22
ACES Risk Management Corp. -
Clara, a new online mortgage lender, has launched with $27 million in equity financing.
August 19 -
The president and founder of a now-defunct Massachusetts-based mortgage company was charged with defrauding Ginnie Mae to the tune of $3 million.
August 19 -
The first commercial mortgage-backed security to comply with "skin in the game" requirements was extremely well received. Market participants credit the way the large banks sponsoring the deal retained the risk a strategy unavailable to nonbank lenders.
August 19 -
It's time to move past the fear that digital mortgages will make loan officers obsolete.
August 19
TD Bank -
The U.K. government will redeem 3 billion pounds ($3.9 billion) of bonds backed by mortgages from rescued lender Bradford & Bingley, paving the way for a potential sale of the loans.
August 19 -
Mortgage industry hiring and new job appointments for the week ending Aug. 19.
August 19 -
The share of homeowners who owe more than their house is worth remains above 10% nationwide, according to data from Zillow's second quarter Negative Equity Report.
August 18 -
Mortgage rates edged downward this week as the market anticipated Wednesday's release of the minutes from the Federal Open Market Committee's July meeting, Freddie Mac reported.
August 18 -
A monthly gain in refinance activity coupled with a decrease in rates last month, according to data from Ellie Mae. However, loan turnaround times as a whole remained static.
August 18 -
United Bankshares in Charleston, W.Va., has agreed to buy Cardinal Financial in Tysons Corner, Va.
August 18 -
To money managers at Goldman Sachs Group Inc. and Prudential Financial Inc., the laggards of the debt universe look pretty good right now.
August 18 -
The hole at the corner of 15th and L streets, in downtown Washington, is deep and getting deeper.
August 18 -
Macy's decision to shutter another 100 of its department stores could impair some $3.64 billion of securitized commercial mortgages, according to Morningstar Credit Ratings.
August 17 -
A federal appeals court said an older version of a Nevada law that stripped lenders of their first deed of trust when a homeowners' association forecloses on a property is unconstitutional.
August 17 -
The impressive loan growth in the second quarter is surprising in an economy that grew by 1.2% in the second quarter and by only 0.8% in the first quarter.
August 17
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Ditech Financial will lay off nearly 80 employees in Georgia as it closes an office in the Atlanta metropolitan area.
August 17 -
A former Deutsche Bank trader agreed to settle a U.S. regulator's allegations that he mis-marked loans tied to commercial-mortgage-backed securities to boost his profits.
August 17 -
The Consumer Financial Protection Bureau's choice for its new head of supervision and enforcement the No. 3 slot at the agency is raising eyebrows because of his political background and relative inexperience compared with similar positions at other regulators.
August 17 -
Online lender LoanDepot has raised $150 million in term debt financing as part of its capital strategy.
August 17







