Mortgages

Refinances will make up just 38% of single-family originations this year—down from 60% in 2013 and 70% in 2012, according to Freddie Mac.

He also calls for a cut in fees for title policies, but no one can find where it is in the budget.

ALTA's guidelines have a number of implications for mortgage lenders.

Freddie Mac’s regulator capped its multifamily production at $26 billion last year.

The sequestration and political wrangling last year meant fewer direct RHS mortgages last year, while the safety of the federal eagle on guaranteed loans appealed to lenders.

There are five Mortgage Industry Equity Composite members which closed 4% or more lower than they did on Jan. 31.

The price the bank had to pay related to Countrywide mortgage fraud claims escalated over time, exemplifying the government’s willingness to seek draconian penalties against banks it deems acted intentionally.

A little-noticed charge taken by Regions Financial in the fourth quarter may portend that other banks have not been adequately reserving for modified home loans, known as troubled debt restructurings.

The positive trend will continue through 2016 as originations in those categories increase to $333 billion, according to the Mortgage Bankers Association.

Nonbank mortgage lenders likely increased their market share during 4Q, KBW analysts say.

Mortgage businesses can continue to thrive even while interest rates are up and applications are down.

The new name is easy to remember and not an acronym.

Hundreds of millions of dollars in mortgage-fraud settlements are providing a windfall to state attorneys general—and creating a new class of political winners and losers.

Foreclosure starts ended the year at the lowest level since April 2007 and pipelines are clearing in most states.

FHA officials believe lenders will qualify more borrowers with sub-680 credit scores via manual underwriting, but there is concern they will simply limit originations to plain-vanilla FHA.

Wells Fargo and PNC are the lead lenders on the loan.

The slide in refinancing brings commitments to purchase new mortgages to its lowest level since June 2011.

The portfolio also has an average loan size of $265,833 and is 100% first lien.

These institutions see an opportunity in a declining market to fill a void created by competitors exiting.

Right now, there are contradictory messages between servicers of what is compliant. Utilizing technology can help servicers remain compliant to all of the industry regulation in effect today.