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Private mortgage insurers see deeper coverage of GSE loans as a way to expand business, while lenders hope it could lead to a reduction to guarantee fees.
June 11 -
Redwood Trust's latest residential mortgage securitization, Sequoia Mortgage Trust 2015-3, is backed by a slightly larger percentage of loans that fall outside of new ability-to-repay rules.
June 11 -
Home equity in the first quarter rose to $11.7 trillion, the highest since 2007, according to a Federal Reserve report.
June 11 -
Ocwen Financial's sale of mortgage-servicing rights should generate sufficient liquidity for the Atlanta company to meet its debt-payment obligations, Moody's Investors Service said.
June 11 -
Applications for new-home purchases in May fell 9% from the previous month, according to the Mortgage Bankers Association.
June 11 -
Alternative data used to score "credit invisibles" may do more harm than good. That's because in areas like employment and insurance, no credit score is often better than a bad one
June 11
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Mortgage rates jumped to an eight-month high, making home purchases costlier as investors prepare for the Federal Reserve to raise interest rates.
June 11 -
New York's highest court may have shut the door to many future lawsuits over flawed mortgage bonds, ruling investors have six years from the day the deal closed to pursue remedies.
June 11 -
The number of vacant and abandoned properties that are in foreclosure decreased in the second quarter, according to a RealtyTrac report.
June 11 -
The mortgage lender Nationstar Mortgage Holdings is pouring a lot of energy into a digital and mobile homebuying platform called Xome. The strategy could attract tech-savvy millennials but carries plenty of risks including whether consumers would be improperly steered to its products.
June 10 -
More than a dozen housing groups are urging lawmakers to pass legislation that would grant lenders a formal grace period for implementing new disclosure forms later this summer, arguing that the industry needs greater certainty than the Consumer Financial Protection Bureau has so far provided.
June 10 -
Stewart Title Guaranty has agreed to offer a voluntary Deloitte & Touche compliance service to its independent title and settlement agents.
June 10 -
Most Americans still believe the country remains in a housing crisis, according to a new study from the MacArthur Foundation.
June 10 -
Two recent settlements show how far the Consumer Financial Protection Bureau is willing to go to pursue lenders it believes skirted the loan officer compensation rules.
June 10
Offit | Kurman -
Renting a home is a better way to accumulate wealth than buying a home in many U.S. cities, according to the latest Buy vs. Rent report.
June 10 -
Mortgage applications increased 8.4% on an adjusted basis from a week earlier, according to the Mortgage Bankers Association.
June 10 -
The California Reinvestment Coalition has called for a federal investigation into the foreclosure policies of OneWest Bank in minority neighborhoods.
June 10 -
Fannie and Freddie should offer upfront risk-sharing options in order to give lenders an opportunity to lower their guarantee fees while encouraging more private capital and competition to flow into the secondary mortgage market.
June 10
Mortgage Bankers Association -
The number of homes in foreclosure continues to decrease, although the number of homeowners in default or in foreclosure proceedings remains higher than pre-financial-crisis levels, according to CoreLogic.
June 9 -
Hovnanian Enterprises fell the most since 2011 after Chief Executive Officer Ara Hovnanian said he was disappointed following a widening in the company's quarterly loss and drop in its profit margin.
June 9





