Mortgages

More than half of consumers who don't own homes but want to are not bothering to check whether they could qualify for loans because they fear rejection, a survey finds.

Mortgage delinquency and foreclosure rates in March declined to levels not seen in at least six years, according to data from Black Knight Financial Services.

Regulator Benjamin Lawsky is concerned that Hubzu, a website run by Ocwen's Alitsource affiliate, charges inflated fees "through conflicted business relationships" at the expense of mortgage investors and strapped homeowners.

A powerful group of shareholders is amplifying attacks on housing finance reform legislation as they await resolution of a major legal battle, attempting to slow momentum on the bill before it likely passes the Senate Banking Committee.

Mortgage bondholders have long complained to regulators that the national mortgage settlement gave large bank servicers credit for principal reductions and loan modifications they did not pay for themselves.

The proposed Small Lender Mutual cooperative would be expensive for small firms to capitalize, and its securities may get inferior pricing compared to those issued by large banks and nonbanks.

Property-tax collections are rising at the fastest pace since the housing market crash sent government revenue plunging, helping end an era of local budget cuts.

While there are compliant ways to institute these plans, many employers make the mistake of having several "buckets" that vary by a few basis points.

U.S. Court puts pressure on HUD to help surviving spouses stay in their homes.

Perpetrators fraudulently acquired close to 40 homes, and used at least one to grow marijuana when it became vacant.

The recent housing recovery has been the saving grace for some 2005-2007 subprime mortgage bonds, but in others, delays in getting distressed properties to market have offset home price gains.

Last week, I was particularly gratified by the number of people who not only read my commentary regarding why the closing table is so critical to driving conversion, but actually provided specific examples of how it's impacted their business.

Real estate executives are looking for ways to motivate reluctant buyers who don't want to give up their current low mortgage rates.

There are things mortgage originators can learn from the pop singer regarding how to market your company and yourself.

Mortgage rates fell, sending costs for 30-year loans to the lowest since early February as the Federal Reserve confirmed its commitment to provide support for the economic recovery.

B of A caught observers off guard by announcing $6 billion in mortgage litigation expenses, but the move is an attempt to convince analysts and investors that there is an end in sight to its crisis-era legal woes. It just might work.

As drafted, the Johnson-Crapo bill would allow big banks to originate, aggregate, and guarantee mortgages. Small lenders worry such vertically integrated companies could price them out of the business.

If it wasn't a malicious attack, what else could have overwhelmed the mortgage loan origination software vendor's servers at a time when originations are in the doldrums?

Mortgage applications, including requests for refinancings and for home purchase loans, rose from the previous week for the week ended April 11.

As homeowners regain equity in their properties and interest rates continue to increase, equity-financed home improvements will likely become more attractive to borrowers than short sales, home purchasing or refinancing.