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The underlying loan is fixed-rate and amortizes on a monthly basis over a term of 10 years, the longest loan tenure to date that has backed a single-family rental securitization.
November 14 -
A report due next week on the Federal Housing Administration's financial health is expected to show that the agency's reserve fund has significantly improved over the past year.
November 14 -
Mel Watt, director of the Federal Housing Finance Agency, has set off a political tempest.
November 14 -
The Consumer Financial Protection Bureau slapped Franklin Loan Corp. with a $730,000 fine on Thursday for allegedly incentivizing loan officers to guide customers into mortgages with higher interest rates.
November 14 -
CRM companies are rolling out products to help originators get in contact with and convert purchase leads.
November 14 -
Mortgage loan delinquency rates through the third quarter fell to their lowest levels in seven years, according to the Mortgage Bankers Association.
November 14 -
Fannie Mae has entered into deals with JPMorgan Chase and other companies that transfer some of the credit-loss risk on mortgage-backed securities to investors. Not only do these deals reduce the danger that taxpayers could be forced to cover the GSEs losses, they may help make mortgages more affordable.
November 14
Mountain Lake Consulting -
An originator census helps lenders understand the makeup of their origination teams, giving them insight into exactly how their team is working and how it stacks up against other teams in the industry.
November 13
STRATMOR Group -
New York financial regulator Benjamin Lawsky held up the deal shortly after it was announced in January, and regulatory and legal concerns had mounted since then.
November 13 -
For the fifth year in a row, Quicken Loans is rated No. 1 by consumers in terms of customer satisfaction, according to a J.D. Power survey.
November 13 -
Trade groups press federal banking regulators to make the Basel III capital rule less onerous.
November 13 -
Mortgage rates fell slightly compared to last week, according to Freddie Mac.
November 13 -
Community banks, on average, increased the size of their loan portfolios by 15% in the third quarter from a year earlier, though the numbers reveal a slowdown from prior periods.
November 13 -
Applications for new home purchases picked up in October, particularly for higher-priced properties, according to the Mortgage Bankers Association.
November 13 -
Regulators are preparing rules to curb financial risks of expanding nonbank mortgage companies after investigating homeowner complaints that include improper foreclosures and unauthorized fees.
November 13 -
Nonbank mortgage lender loanDepot has reached an agreement to acquire Mortgage Master.
November 13 -
Bank of America Corp. and Citigroup Inc. are selling multiple pools of soured U.S. mortgages to meet demand from investment firms that are pushing prices higher.
November 12 -
The Rural Housing Service has said it will stop accepting new mortgage applications for one week in an effort to clear through its huge backlog.
November 12 -
A new multifamily investment product will for the first time allow Freddie Mac to buy and guarantee bonds backed by multifamily loans that were originally underwritten by private entities.
November 12 -
The company cited uncertainties with industrywide litigation and the regulatory environment in the move. In August, a New York regulator questioned its purchase of the unit from an affiliated company.
November 12









