Mortgages

National MI, a private mortgage insurance company in Emeryville, Calif., has named Jay Sherwood as president.

Lereta, a real estate tax firm in Covina, Calif., has acquired Industry Consulting Group, a property tax services company with offices in Dallas and Wichita Falls, Texas.

Historically, net worth has been the primary, if not sole, criteria used by lenders in segmenting mortgage customers.

Renters figure to stay renters, at least for the next three years, according to a new report by Freddie Mac.

Mel Watt, down payment, homeownership, Fannie Mae, Freddie Mac, FHA

PNC Financial Services Group has appointed a new leader for its mortgage division.

Many professionals in the mortgage industry are paying close attention to the non-QM market to see if it will indeed provide a path back to subprime loans of the past.

Fannie said it will immediately begin accepting applications for fixed-rate 97% loan-to-value financing of borrowers with FICO scores as low as 620. Freddie, meanwhile, took a more cautious approach, delaying the start of the program, requiring credit counseling, and in some cases only allowing FICO scores as low as 660.

With some proposals still outstanding, mortgage bond market participants are concerned that eminent domain attempts would spread if a municipality makes inroads with a proposal.

Older homeowners have emerged as the pillar of the housing market following the collapse in 2008.

Title insurance premium volume decreased in the third quarter compared to a year earlier due to a struggling purchase market and declining refinance activity.

Fannie Mae and Freddie Mac have set terms for letting borrowers put down as little as 3% of a home's cost to get mortgages, a step criticized by Republican lawmakers as a return to risky lending.

Foreclosure inventory fell 26.4% in the month of October compared to the same period last year.

San Francisco may become the biggest U.S. city to use its development powers to help homeowners avoid foreclosure, partnering with another California community whose own plan has come under fire from investors.

Creating a business strategy for 2015 detailing the steps and changes you must take to be successful.

Generally, advertising cost should be split pro rata based upon the amount of advertising space each party uses under the Real Estate Settlement Procedures Act, but more complicated issues arise.

The Federal Housing Administration said no county in the nation will experience a decrease from this year's loan limits.

The Department of Housing and Urban Development's support for the widow of a home equity conversion mortgage borrower has broad implications for consumers and lenders.

Officials at Fannie Mae, Freddie Mac and Ginnie Mae all heaped praise on nonbank mortgage lenders for stepping up to provide loans for home purchases at a time when many banks have scaled back.