Mortgages

Zais Financial Corp., Red Bank, N.J., has purchased a residential mortgage loan portfolio with an unpaid principal balance of $98.2 million.

Rosemary Berkery, who heads UBS's U.S. bank, explains how UBS is offering wealthy customers new banking products, like mortgages and credit cards.

Approximately 12.2 million homeowners with a mortgage were in negative equity at the end of the second quarter.

There was a 10 basis point decrease in the price of whole loans securing commercial mortgage-backed securities in July.

The Freddie Mac Primary Mortgage Market Survey finds the average rate for the 30-year fixed rate loan is still 92 bps higher than it was for the same week last year.

As the industry works feverishly to interpret new guidelines pouring out from the CFPB, there are a large number of changes that must get done between now and the end of this year.

As the housing market continues to recover, the foreclosure inventory is declining quickly, data from a CoreLogic report revealed.

The second quarter report shows that the 1,115 reporting banks recorded $8.1 billion in income from the sale, securitization and servicing of their 1-4 family loans.

Mortgage purchases by Freddie Mac fell nearly 13% in July compared to June but the share of refinancings remained steady at 69%.

A sweet gift sent as the customer goes through the application process should get you some more business, Bliss Sawyer said.

Mortgage stocks rallied back on Wednesday albeit not in a big way as almost half of the companies in the Mortgage Industry Equity Index traded up driving the sales volume down.

A million dollar residential closing has been postponed on Long Island, N.Y. because of problems obtaining homeowners insurance.

Thanks to a $25,000 grant from the Bank of America Foundation, Mutual Housing California will start the predevelopment phase of 61 new apartments and townhomes for agricultural workers.

The California Housing Finance Agency is now offering several new programs to help low and moderate income, as well as first time homebuyers, purchase a home.

The Federal Housing Administration has changed the rules to help buyers whose credit was tainted due to the loss of a job or income reduction.

Sequoia Mortgage Trust 2013-11 is backed by 453 first-lien mortgage loans with an aggregate principal balance of $346,322,236.

The National Association of Women REO Brokerages officially changed the name of its trade association to the National Association of Women in Real Estate Business.

Inlanta Mortgage bills itself as a fast-growing company within the context of the Milwaukee area, but when it came to getting its recent Fannie Mae seller-servicer approval the company was more meticulous than hurried.

The Mortgage Bankers Association is applauding regulators’ efforts to align the Qualified Mortgage and Qualified Residential Mortgage definitions while incorporating feedback from both the industry and customer advocacy groups into the new risk retention rule.

Fitch Ratings expects new nonresidential construction activity will remain positive for the remainder of this year and heading into 2014.