Mortgages

El Paso changed underwriters to sell $61 million of bonds for a downtown baseball stadium after the first try failed.

The California Association of Realtors is urging the group to sign Senate Bill 30 that provides relief to distressed homeowners attempting to sell their homes through a short sale.

Regional banks are expected to see a huge drop-off in mortgage originations over the second half of 2013 as interest rates continue to rise.

The new proposed definition of the “qualified residential mortgage” has been aligned to match the definition of a “qualified mortgage” which was released earlier this year.

Radian Group Inc.’s mortgage insurer reached an agreement with Freddie Mac that caps expenses at $840 million related to loans held by the U.S. government-controlled housing-finance company.

A surge in borrowing costs to a two-year high is starting to cool demand from homebuyers as higher rates combine with surging prices to reduce affordability.

The Federal Housing Finance Agency is considering a reduction in Fannie Mae and Freddie Mac's loan limits that is slated to kick in the first day of January.

As summer ends and we prepare to kick off the fall conference season (and the new football season), it’s only fitting that we revisit the many ways in which the NFL is like the mortgage industry.

For the second quarter of 2013, total title insurance premiums written were $3.34 billion, compared with $2.77 billion in 2Q12.

Effective September 3, mortgage industry veteran Vickie Tillman is the new president of Morningstar Credit Ratings, LLC.

The preliminary title report does not bind the title company.

An industry trade group is pressing the Consumer Financial Protection Bureau to provide more clarity on its servicing rules to ensure an array of loan modification options will be available to troubled borrowers.

There were 15 of the 17 Mortgage Industry Equity Composite members that closed higher on Thursday as the market gets ready for Labor Day.

Concentric Equity Partners and TDR Capital have partnered to establish a new holding company that will consist of three mortgage field servicers.

Implementing eminent domain may present inconsistencies in solving the root cause of the housing problem in the U.S., create unintended consequences for both borrowers and investors, and inadvertently limit mortgage lending activity, Standard & Poors said in a report.

U.S. residential properties sold at an estimated annualized pace of 5.5 million in July, which is up 11% from last year.

LaTanya Moore-Newsome, a real estate agent with Century 21 in Atlanta, has been calling Wall Street-backed landlords for months on behalf of her low-income clients with government housing vouchers.

The Department of Housing and Urban Development Mortgagee Letter 2013-26 provides minimum underwriting standards for evaluating borrowers who have lost their job or had another event which resulted in reduced income.

Independent banks and their subsidiaries reported loan profits of $1,528, which is down from $1,772 on loans originated in the first quarter.

The Department of Housing and Urban Development has given four organizations a total of nearly $13 million in grants that will end up creating at least 718 affordable homes.