Mortgages

Ginnie Mae ends the fiscal year on a down note as refinancings slow.

Twelve of the 17 Mortgage Industry Equity Composite Stocks closed higher on Tuesday.

The property is non-owner-occupied and doesn’t qualify for conforming products.

Demand for units adjusted down for the first time in several years, according to a multifamily housing survey.

Home prices are up year-over-year. This has made sales more profitable, but costs related to the time it takes to get distressed loans to market are mounting.

Blacks and Hispanics are likely to find it more difficult to obtain credit or face paying higher prices when the "qualified mortgage" rule goes fully into effect, a process that could take up to seven years.

The new qualified mortgage rule is pressuring vendors of loan origination systems to work with lenders to recode their units. There's a lot of work to be done before the Jan. 10 deadline.

The company reports earnings of $36 million in the third quarter, as a $13 million pretax charge helps to reduce results by 38%.

The new organization aims to help mortgage lenders improve their business practices through collective strength.

GRFConnex is a short sale and deed-in-lieu processing system that helps mortgage businesses remain in compliance.

Servicers must change their conduct to fit the times and regulatory environment, and some of the largest have done that.

U.S. attorneys general offices in Georgia and California are examining potential violations tied to Countrywide Financial, the subprime lender Bank of America bought in 2008.

BOK Financial Corp. develops correspondent program to expand its mortgage business nationwide.

Servicers continue to play close attention to regulation implemented in response to the unprecedented circumstances surrounding the mortgage industry since 2007.

The cost to originate a home loan is skyrocketing as lenders try to comply with stricter rules to catch problem loans. Technology would better automate the loan process, but can small lenders justify the investment?

Declining refinance volumes that forced mortgage companies to trim staff and fire loan officers finally register in industry job numbers.

HUD's new rules change the underwriting focus to the borrower's credit instead of life expectancy.

Drop the baggage holding you back to raise your loan production.

Next year the industry is going to be paying close attention to new rules because of the changing regulatory landscape.

Regulators are giving banks advance warning of new escrow requirements.