Mortgages

Home prices in 20 U.S. cities advanced at a slower pace in the 12 months through September as the housing market continued to make gradual progress.

Part two of this three-part series covers what the Consumer Financial Protection Bureau wants to see from originators if they close loans in their own name.

New initiatives meant to increase access to credit have rekindled the debate over whether housing counseling is the best and most cost-effective way for preparing consumers to become mortgage borrowers.

The deals are backed by a fixed-rate loan with a term of 10 years, the longest loan tenure to date for such deals.

Credit Suisse's DLJ Mortgages is marketing a reperforming mortgage securitization, according to Kroll Bond Rating Agency.

The risk that the failure to refinance a loan collateralizing a single-family rental securitization would cascade into a "widespread" decline in property prices is low, according to Moody's Investors Service.

Altisource Portfolio Solutions, a mortgage technology company in Luxembourg, has acquired Owners.com, an online property listings service in San Francisco, for $20 million.

In some cases lenders are using “safeguards” against for loans made outside the legal safe harbor for "qualified mortgages" that reprise old protections that did not work before.

Home prices experienced a 0.01% decline in September, though they are up 4.6% from the same time last year, according to the Black Knight Home Price Index.

Loan officers can spend days or weeks preparing for a sales pitch, but if it's done incorrectly, it will fall on deaf ears.

The national delinquency rate fell to a seven-year low through October, according to data from Black Knight Financial Services.

Some topics of conversation for mortgage originators to discuss with their real estate referral partners.

The Federal Housing Administration could finally get something it desperately needs: upgrades to its outdated technology infrastructure. But industry groups object to the new fee being proposed to generate the necessary funding.

Giving roughly 5 million immigrants at least temporary relief from deportation could conceivably ease lenders' and borrowers' qualms about mortgages to undocumented workers who qualify with individual taxpayer identification numbers.

Lenders who make or buy non-qualified mortgages are learning how to get more of a handle on the risks, in part by ensuring they don't stray too far away from QM boundaries.

Bond investors are wresting higher yields from landlords in the fledgling business where rental homes are financed by credit markets.

Fannie Mae and Freddie Mac updated their representation and warranties frameworks in a move designed to encourage mortgage lenders to ease credit restrictions by limiting repurchase requirements.

The Consumer Financial Protection Bureau issued a proposal Thursday that would institute new foreclosure protections for consumers after the agency found its previous mortgage rules didn't go far enough.

The average rate for the 30-year mortgage dropped below 4% compared with the previous week, according to a report by Freddie Mac.

Essent Group has priced a $267 million secondary public offering of its common stock.