Mortgages

A big increase in short- and long-term affordable rental housing demand means the window of opportunity for multifamily and foreclosure-to-rent investors and developers nationwide continues to expand.

Home equity investment/sharing products have had mixed success historically but FirstREX appears to be making some inroads supporting home purchase downpayments in the Pacific Northwest.

A more mature bank-owned foreclosure-to-rental property market is attracting a different type of investor into this new reality and likely changing how business will be done in 2014, an insider says.

The luxury builder has commitments from two banks to buy non-QM loans.

Mortgage application volume increased slightly on a seasonally adjusted basis over the previous week.

The Servicing Trailblazer Award acknowledges a servicer or vendor initiative, product or platform that uses technology to optimize mortgage portfolio management and ensures efficient communication with borrowers, investors and the mortgage servicing support industry. Learn about this year's finalists and see who won the 2013 MT Award.

Gov. Andrew Cuomo is proposing regulations that expand mortgage relief options available to homeowners who owe more than the current market value of their homes and share benefits with investors.

If you’re getting business like you’ve always done it, prepare to exit loan originations.

Standard & Poor’s expects the credit quality of new issue commercial mortgage bonds to deteriorate in 2014 as the result of increased competition among lenders.

The bank reduces servicing expenses by $1 billion per quarter.

Among the products being dropped are 95% loan-to-value ratio mortgages and loans for borrowers with low-to-mid range credit scores.

A stand-alone quality control unit may soon become a casualty of the heightened mortgage regulatory environment.

More than 1,800 financially distressed homeowners lost a total of at least $12 million in fees they paid the Rodis Law Group and America’s Law Group.

Other businesses are doing away with them in favor of salaries but originators are reluctant to do the same.

A group of state regulators issued a paper calling on federal regulators to do a better job of exempting small banks from their regulations, including urging the CFPB to provide more exemptions for small banks to its qualified mortgage rule.

With the annual March 1 date looming for federal Home Mortgage Disclosure Act compliance, Texas Dow Employees Credit Union has successfully implemented an automated solution that saves time, money and beats the deadline.

The g-fee changes should encourage further return of private capital to the mortgage market, says Ed Demarco, as the price changes provide better protection of and return to taxpayers who are providing the capital support that keeps these companies operating.

This time of year is the right time for mortgage brokers and loan officers to get things in order.

Securitization of single-issuer pools falls to new lows.

The typical seasonal pattern is for bad loans to increase because of tight finances as a result of holiday spending.