Mortgages

The Eleventh Federal Home Loan District Cost of Funds Index set a new record low in May at 0.951%, a 29 basis point decline from April.

The number of securitized U.S. commercial mortgage loans transferred into special servicing has dropped substantially at roughly 45% over the last year.

Besides DataQuick Information Systems, CoreLogic is buying the credit and flood services operations from DataQuick Lender Solutions.

How can the mortgage banking industry prepare, based on lessons from these previous storms, and protect themselves if and when this happens again?

Banco Popular de Puerto Rico completed the sale of a $438 million portfolio of nonperforming residential mortgage loans at a loss.

Credit unions are being cautioned to double-check the nonjudicial foreclosure statutes in the states in which they do mortgages for notice requirements in the wake of a closely watched Nevada state court ruling.

A credit union vice president joins those expecting the second half of 2013 to bring a slow but steady increase in mortgage rates.

Bank of America Corp. opened a unit in India to review home-valuation reports as it seeks to rebuild share in U.S. mortgages at a lower cost.

The Home Valuation Code of Conduct's spirit lives on with “Appraiser Independence Requirements” and amendments to the Truth in Lending Act.

Citigroup will continue servicing the covered loans and the agreement does not release the fourth largest U.S. servicer from servicing liability on those loans.

A new plan introduced by a diverse group of housing experts defines several goals deemed essential to the future housing finance system, and terminating some government-sponsored entities is one of them.

The former vice president of lending at Members Choice CU pleaded guilty to creating $340,000 of loans in unwitting members’ names that he used to pay his credit card bills, his taxes and for home improvements.

The Federal Deposit Insurance Corp. in May issued enforcement orders against eight banks and freed nine others from prior orders as part of a series of actions released Friday.

Loan acquisitions by Fannie Mae edged up by nearly 1% from April to $78 billion in May.

Government-backed mortgage bonds declined after a two-day rally, extending quarterly losses that are on track to be the worst in almost two decades.

Lawsuits tied to the Truth in Lending Act are on the decline—but bankers would be wise to delay any celebration.

Resistance will use whatever tactics necessary to take you out and keep you from fulfilling your destiny.

There were 7 of the 17 Mortgage Industry Equity Composite members that gained on the day even though the overall market sank.

The aim of expanding them is to serve more people and provide customers with more options.

Some clarity may eventually emerge from a slew of lawsuits that are slowly working their way through the legal system.