Mortgages

Retail mortgage lender Guaranteed Rate will purchase the assets of FirsTrust Mortgage in Overland Park, Kan.

Secondary market agency is asking Congress for additional funding to increase monitoring of nonbank servicers.

Now that buyers and sellers have a sense of what it's like to operate in the new interest rate environment, the two sides are more likely to agree on price.

National mortgage banker GMH Mortgage Services is opening a wholesale lending division.

Redwood Trust is coming back to the market with its second residential mortgage-backed security of 2014, according to a presale report from Kroll Bond Ratings Agency.

A nonprofit housing group has found an ambitious middle ground between those who oppose any change to the mortgage interest deduction untouched and those who say it must go.

When reporting defaults on government-insured single-family mortgages, the FHA identifies the primary borrower to a government database, but rarely provides the names of the co-borrowers, HUD's inspector general found.

A Supreme Court ruling overturning circuit court rulings in D.R. Horton Inc. v. the National Labor Relations Board is in question. This affects the enforceability of class waiver arbitration agreements.

Cerberus is is financing low-volume deals for small investors through its FirstKey Lending; Blackstone's B2R Finance LP. is making a similar push to mom-and-pop landlords.

Consumer confidence about homeownership and the general economy have improved over the last four years, but a return to "normal" housing levels will still take a long time, according to a Fannie Mae survey.

Analysts are projecting Ginnie Mae could surpass Freddie Mac in outstanding MBS by next July.

New federal requirements for private mortgage insurers aim to standardize coverage across the market. That’s left some companies looking for ways to distinguish their products as they vie for lenders' business.

SunTrust Banks agreed to pay as much as $320 million to resolve federal allegations it mishandled applicants for mortgage modifications.

Banking presents opportunities for non-depository mortgage companies seeking to boost competitiveness and expand market share.

As interest rates rise and loans become more likely to stay on the books, more banks may show up on the buy side of the market for mortgage servicing rights.

Small lenders filled 200 positions in May after slashing their payrolls by 10,000 workers this year, the new government jobs report shows.

Complete Financial Solutions, American Patriot Bank

CWCapital Asset Management and Wells Fargo were sued by lenders claiming they are being cheated out of hundreds of millions of dollars in the takeover of the Stuyvesant Town and Peter Cooper Village development in Manhattan.

Mortgage rates for 30-year loans fell for a third week, reducing borrowing costs as housing demand regains strength.

Ginnie Mae is paying particular attention to nonbank servicers due to the same concerns an inspector general has raised about servicing transfers involving Fannie Mae and Freddie Mac loans.