Mortgages

Fannie Mae has selected affiliates of Lone Star Funds and Neuberger Berman as the winner of six pools of nonperforming loans.

Mortgage professional hiring and new job appointments for the week ending July 15.

The $140 billion-asset company disclosed Thursday in a regulatory filing that the Federal Reserve Board downgraded its Community Reinvestment Act rating to "needs to improve."

When Congress lifted the conforming loan limit in certain high-cost housing markets, it provided some much-needed liquidity for homebuyers.

RealtyUSA has merged with Pittsburgh-based Howard Hanna Real Estate Services.

Alterra Home Loans in Las Vegas has secured an expansion capital and equity investment commitment from private equity partnership Panorama Point Partners.

Mortgage applications for new home purchases dropped slightly in June, according to the Mortgage Bankers Association.

Rates for the 30-year fixed-rate mortgage held steady this week, remaining near their all-time record low, according to Freddie Mac.

JPMorgan Chase reported a 5% increase year-over-year in its second-quarter mortgage banking revenue even though its loan origination volume fell by 15%.

In a move to reduce the strain on its small staff and improve service, a credit union in Wyoming now lets its members pay their mortgages and other loans simply by sending a text message.

Homes that were foreclosed on during the housing crisis have since gained nearly twice as much value when compared with other homes, according to Zillow.

United Wholesale Mortgage has begun offering a conventional 1% down payment program to mortgage brokers.

Republican lawmakers put Department of Housing and Urban Development Secretary Julian Castro on the hot seat Wednesday, criticizing his decision to allow nonprofit community groups to bid on more nonperforming Federal Housing Administration loans.

The debate over a Republican bill to overhaul the Dodd-Frank Act is increasingly focused on two widely different philosophies about capital regulation, which were both on display at a hearing Tuesday.

At the end of 2015, there were at least 48 bills pending before Congress that sought to change, defund, or otherwise weaken the Consumer Financial Protection Bureau. None of them passed.

Now that privately insured credit unions finally can join the Federal Home Loan Bank System, will more federally insured state charters consider converting to private insurance?

Mortgage applications increased 7.2% from one week earlier as the lowest rates in three years have brought consumers in to refinance, according to the Mortgage Bankers Association.

LoanScoreCard has rolled out a new nonagency pricing and decisioning technology for the wholesale and correspondent channels.

Wells Fargo is marketing its second commercial mortgage securitization in two months, this time with a focus on smaller-market retail, hotel and office properties.

Nonbanks continue to expand their share of lending volumes as depositories keep scaling back their business in the residential mortgage space.