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While the lawsuit may not succeed, lenders should carefully evaluate adherence to required loss mitigation procedures on Department of Housing and Urban Development loans.
December 1
Offit | Kurman -
A company's evolution from startup to established business requires executives to have a wide array of leadership skills, particularly given the intricate compliance requirements that can complicate the growth trajectory of many mortgage firms.
December 1 -
The program helps non-FHA borrowers that are underwater refinance into FHA-insured loans.
November 26 -
The refi boom of 4Q 2013 was certainly another trip to the table. More feeding the mortgage beast with refinances, when really it's the purchases that will sustain us.
November 26
STRATMOR Group -
Goldman Sachs is preparing to bring its first post-crisis prime jumbo residential mortgage-backed securities transaction to market.
November 26 -
Freddie Mac said that rates for 30-year, fixed-rate mortgages dropped this week to 3.97%.
November 26 -
Mortgage applications decreased last week as both refinance and purchase activity fell.
November 26 -
Having fought many battles with Congress over curbs to bond and other programs that affect affordable housing, John Murphy expects the challenges will continue as he retires from the National Association of Local Housing Finance Agencies after 30 years as its executive director.
November 26 -
New homes sold at a slower pace than forecast in October as builders focused on meeting demand at the upper end of the market.
November 26 -
Banks could originate 300,000 more home loans per quarter and face only a slightly higher risk of default, according to a new report. But lenders are unlikely to loosen lending standards until they are sure that Fannie, Freddie and the FHA have eased up on buyback requests.
November 26 -
A Redwood Trust subsidiary priced a $200 million aggregate principal amount of its 5.625% exchangeable senior notes due 2019 in a private offering to institutional buyers.
November 26 -
The government-sponsored enterprises' regulator has increased Fannie Mae and Freddie Mac loan limits in 46 high-cost counties.
November 26 -
Contracts to purchase previously owned homes unexpectedly dropped in October as tighter credit and weak wage gains held back would-be buyers.
November 26 -
The Census Bureau/HUD American Housing Survey isn't just a great source of factoids about the country's housing stock; it's chock-full of fascinating details with mortgage lending implications.
November 26
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Fannie Mae has partnered with the Detroit Land Bank Authority to stabilize distressed neighborhoods.
November 25 -
Fannie Mae and Freddie Mac will let borrowers who have gone through foreclosure buy back their homes at market prices under a policy shift announced by the regulator for the two U.S.-owned companies.
November 25 -
FDIC third quarter report shows pop in loan buybacks and indemnifications.
November 25 -
According to Home Mortgage Disclosure and Mortgage Bankers Association data, independent, nonbank mortgage lenders originated 40% of the home purchase loans made in 2013.
November 25
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Fitch Ratings has downgraded Nationstar Mortgage's ratings in several servicer categories.
November 25








