Mortgages

CoreLogic has added a new online pool tracking service to all of its data validated broker price opinions to help clients view the status of their orders in a timely manner.

The default rate for first mortgages was 1.25% in July, up from last month’s low point of 1.23%, while second mortgage defaults “remained flat since last month at its historic low of 0.54%.”

A recent survey by online rent payment service provider WilliamPaid confirms that given the opportunity, roughly two thirds of renters would choose to have their rent payment history reported to the credit rating agencies.

Kroll Bond Ratings Agency said in a report to expect more of the aggressive growth the market has seen since the liquidity crisis.

Prudential is expanding in core real estate as the insurer uses the strategy to diversify retirement plans and draw in investors beyond the U.S.

From January 2012 to December 2012, there were 69,277 MLF SARs reported compared to 92,561 throughout the year before.

A poster on the Mortgage Grapevine is asking for what originators and borrowers have experienced using credit repair services.

Credit unions have grown increasing dependent on Fannie Mae and Freddie Mac over the past five years as a source of liquidity and access to the secondary market.

With new outsourcers appearing every day, it is time to revisit the dos and don’ts of vendor selection and management.

Fitch Ratings has downgraded the U.S. residential servicer ratings for IndyMac Mortgage Services and placed its portfolio on Rating Watch Negative.

Gains in the two desert cities Las Vegas and Phoenix are the biggest since the height of the real estate boom, just before their plunge to the bottom of the national housing collapse.

The new name, the company said, builds on the reputation and name recognition of Guardian Mortgage Documents, which LenderLive acquired in September of 2008.

Although the UBS settlement does not create a formal precedent, Fitch expressed that its high costs relative to the outstanding portfolio amount might lead to different provisions at other banks.

Waterstone Mortgage Corp., Pewaukee, Wis., has been approved by Ginnie Mae as a mortgage-backed securities issuer.

The new home market appears to be losing momentum due to rising mortgage rates, rainy weather and a limited supply of new homes.

CFPB Director Richard Cordray talks about what he sees as the agency's top accomplishments to date and its biggest challenges ahead.

In July, year-over-year home prices increased by 6%, which represents the 14th straight month of annual appreciation.

Community bankers are scrambling to update their playbooks to comply with a litany of new mortgage rules.

It’s time to dispel some of the myths many loan originators have about working with Realtors.