Mortgages

The future of housing finance reform remains in limbo on Tuesday, after Senate Banking Committee leaders postponed a key vote on legislation to unwind Fannie Mae and Freddie Mac.

The Government Accountability Office urged the Office of the Comptroller of the Currency and Federal Reserve Board to monitor how servicers were carrying out foreclosure prevention steps in amended consent orders.

HUD's new regulation may discourage a common type of transaction in which the borrower leaves a spouse off the loan. Ultimately, regulatory clarity could help the reverse mortgage business grow.

Decreasing mortgage origination volumes were the main driver that contributed to a 6% drop in CoreLogic's first-quarter earnings from a year ago.

There is a lesson to be learned for mortgage originators about guarding your business' name from the #myNYPD social media failure.

Home prices in 20 cities rose at a slower pace in the year ended February as the residential real-estate market cooled.

The homeownership rate declined to the lowest in almost 19 years as rising property prices and mortgage rates held back demand.

The Senate Banking Committee will delay a vote on its highly anticipated legislation to overhaul the housing finance market, a Senate aide confirmed Tuesday morning, just hours before the markup was scheduled to begin.

Barry Sternlicht, chief executive officer of Starwood Capital Group, said investors still have to prove they can efficiently manage scattered rental houses as they expand in a competitive market.

Borrowers' spouses will no longer automatically be required to repay the mortgage when the person listed on the loan dies. The policy change does not help borrowers already in foreclosure.

Fake followers defeat the purpose of social media marketing because they are not going to spread your message and/or eventually do business with you.

The CFPB last week made news by publicly recognizing that borrowers felt overwhelmed in regard to the closing process.

Contracts to purchase previously owned homes climbed in March by the most in almost three years, showing residential real estate was starting to stabilize entering the spring selling season.

The "5/5" attempts to give consumers more certainty about what they will owe in future years, splitting the difference between traditional ARMs and the more expensive, but lower-risk, fixed-rate mortgage.

But for now, Republic Mortgage Insurance Co. will remain in run-off until if and when outside capital can be raised.

Law enforcement agencies are contacting state licensing agencies if someone who is regulated has gotten arrested.

Fears that the Federal Reserve's reduction in mortgage-backed securities purchases this year would cause rates to skyrocket failed to come true. That's partly because there's less mortgage paper to buy.

As value-add opportunities continue to appear, mortgage brokers can help their clients grow their real estate portfolios by incorporating bridge loans from private lenders into the financing strategy.

The Senate Banking Committee is scheduled to proceed Tuesday with a highly anticipated vote on a bill to overhaul the housing finance market.

In the perfect mortgage application process, the borrower could press a button and send out all the data, saying “I want to apply to these specific lenders.”