Mortgages

The interest rates on jumbo loans remain lower than for conforming loans.

Any system will help your business as long as you use and update it.

Freddie Mac estimates multifamily securities issuance will hit a record $28 billion this year but continued regulatory constraint could threaten future growth.

There were 12 Mortgage Industry Equity Composite members which finished the trading day lower and only five higher.

Capsilon’s DocVelocity system now allows companies to send loans individually or in groups to seven financial institutions.

The $40 million in financing will help fuel the company’s expansion of services for the mortgage and property and casualty insurance industries through activities that include strategic acquisitions.

Ronald Hurst will serve two years in prison for conspiring to commit bribery and wire fraud in a scam that affected the U.S. Department of Veterans Affairs Mortgage Guarantee Program.

Stenwyn Joseph previously had oversight of a team of portfolio managers and analysts managing risk and return associated with mortgage servicing rights at OneWest’s predecessor, IndyMac Bank.

The new LoanLogics’ team is led by three experienced compliance officers whose current focus is to provide regulatory compliance and loan quality assessment services that help lenders minimize costly mortgage loan buybacks.

When addressing the QM rule, lenders face a key strategic consideration—whether to only make loans that meet the definition of a qualified mortgage or to also make loans falling outside the rule.

Refinancings of higher LTV loans exhibit larger declines.

The federal agency is providing redevelopment funding for 12 multifamily rental properties in an effort to prevent the displacement of elderly tenants for at least another decade.

NAHB members looking for 40% increase in sales in next year.

The percentage of disposable income that consumers need to make to cover the interest on their debts reached a record low.

To satisfy the Federal Reserve Board , M&T needs to improve its risk-management program and establish processes for identifying and reporting suspicious transactions.

The bulk of residential mortgaged properties that have equity are high end homes valued for more than $200,000.

As the outgoing conservator, Ed DeMarco claims the authority to lower the government-sponsored enterprises’ risk levels.

An increase in price combined with a thin supply of homes for sale and a drop in investor activity led to the decrease.

At least two bank-owned commercial loans were recently sold at a significant premium indicating recent price gains will help banks cut more losses in the near future.

The housing recovery has been uneven across the country due to several factors, including supply and demand issues, a large volume of distressed inventory, high unemployment and a slowdown in building permit activity.DataQuick has completed an analysis featuring some of the largest counties nationwide evaluating the recovery performance in these regions through July 2013. The analytic provider also offers insights what to expect for each market during 2014.