Mortgages

To keep you prepared for anything, here’s a refresher on cyclical rate contingencies updated for recent market changes.

Veros said its future home price index forecast indicates that home values in most of the country will appreciate during the next 12 months.

The Office of the Comptroller of the Currency released its 2013 second-quarter risk analysis for community banks and federal savings associations in the Midwest.

The Community Mortgage Lenders of America is urging Senate Banking Committee leaders to beware of “too big to fail” banks in crafting a GSE reform bill.

Some of the first mortgage market responses to the government shutdown indicate banks and other customer support agencies were prepared to react fast.

We're hearing from New York where one mortgage banker and two MLOs recently entered into settlement agreements with the Department of Financial Services.

There is no end for your need for education.

A.M. Best Co. has upgraded its outlook on Old Republic Title Insurance Group to stable from negative and affirmed its “A” financial strength rating.

The Consumer Financial Protection Bureau has issued an interim final rule with request for comment regarding the issuance of temporary cease-and-desists orders.

The loan is secured by the borrower’s fee interest in a Midtown Manhattan office building.

Asking home prices rose 2% month-over-month in September and 11.5% on a year-over-year basis, but it is really hard to see in those numbers that growth in this area is slowing down.

All but two Mortgage Industry Equity Composite stocks closed lower on Thursday, day three of the government shutdown.

A post on the Mortgage Grapevine states a mortgage note was “misassigned” to MERS, an entity the poster’s company is not a member of.

Deloitte & Touche settled lawsuits by Taylor, Bean & Whitaker Mortgage Corp.’s bankruptcy trustee and Deutsche Bank over $7.6 billion in losses associated with the collapse of the mortgage lender.

Commercial Mortgage Trust had six classes of its ML-CFC pass-through certificate series 2006-3 downgraded by Fitch Ratings, who also removed two classes from rating watch negative.

The outgoing chair of the Mortgage Bankers Association, Debra Still, is looking forward to the future where she plans to continue her leadership role in the mortgage marketplace.

The lender turned down the mortgage based on CMG's guidelines, the complaint had alleged.

The bottleneck over getting Internal Revenue Service transcripts is beginning to hurt correspondent and wholesale lenders.

Starting in 2014, the Federal Home Loan Bank of San Francisco will purchase mortgages for its own portfolio using the MPF Original and MPF Government products.

While the homeownership rate has fallen for five straight years, more renters are living in single-family homes that have been converted to rentals.