Mortgages

A bankruptcy court judge sunk investors' hopes in their latest lawsuit against Lehman Brothers, which they claim broke contracts in junk mortgage-backed securities sold during the bubble years.

New Residential Mortgage priced $504 million of bonds backed by a pool of mostly reperforming residential mortgages, according to Standard & Poor's.

For the first time, there is a subservicer, Cenlar FSB, handling the servicing function for more than $200 billion in mortgage loans.

Here are three ideas that can be implemented between now and Jan. 2 to get your business in 2015 off to a flying start.

Federal Housing Finance Agency Director Mel Watt's decision Thursday to stand up the affordable housing trust funds sharply divided lawmakers along party lines, with Democrats welcoming the decision as overdue while Republicans denounced it as a mistake.

Stonegate Mortgage is planning to add over 175 jobs in Southern California.

There's little point to Fannie and Freddie's large profits if that money is remitted to the Treasury rather than making the GSEs more financially stable.

Mortgage applications for new homes fell 22% in November compared to a month earlier, according to the Mortgage Bankers Association.

A recent study found that homeowners who choose not to refinance lose out on tens of thousands of dollars in savings.

The Steve Fraser Visionary Award is a lifetime achievement award that honors the accomplishments of an outstanding mortgage technology innovator, visionary or evangelizer. Learn about this year's finalists and see who won the 2014 MT Award.

The first listed Australian landlord of U.S. housing is hunting for rundown properties in the New York City area as prices hit new highs.

After a six-year delay, Fannie Mae and Freddie Mac will finally begin setting aside a portion of their revenues to fund the development of rental housing for low-income families.

Mortgage rates edged up slightly over the past week, Freddie Mac said in its weekly market survey.

Fannie Mae, risk sharing, private capital, reinsurers.

Mortgage lending, particularly for bigger banks, cooled some in October as home buying season ended. Meanwhile, loan pricing deteriorated again, showing that lenders are still cutting rates to land the best credits.

The Rural Housing Service, an agency within the Department of Agriculture, is working to speed up loan processing and make other changes to boost lending in rural communities.

Mortgage applications increased last week due to higher refinance activity as interest rates for conforming mortgages were greater than jumbo loans.

Funding for housing counseling represents a minuscule fraction of total spending on housing-related initiatives. Still, some question whether taxpayers are getting the best bang for their buck.

Mortgage credit availability increased last month, according to the Mortgage Bankers Association.