Mortgages

Realty Austin has donated $10,000 to Keep Austin Affordable.

Either the borrower or originator does not want a Small Business Administration loan.

As much as it is a challenge, today subservicing is an opportunity many small-size servicers are rushing to embrace in a marketplace where the role of specialty servicer is being redefined.

Higher regulatory risks that are forcing many U.S. banks to sell their subprime mortgage servicing rights are throwing these assets into the lap of specialty servicing nonbanks.

More than 85% of Redfin’s real estate agents said now is a good time for homeowners to sell, up from 82% in the first quarter, but only 46% said it was a good time to buy, down from 57%.

The Federal Reserve Board is slated to meet next Tuesday and approve the Basel III capital rules.

Re/Max of New Jersey has selected EverBank Financial Corp. as its preferred lender in the Garden State.

Bank of America Corp. and Wells Fargo & Co. won’t face an enforcement action by state and federal officials over claims the banks violated a $25 billion mortgage servicing settlement.

President Obama’s climate change initiative is aimed at reducing household energy consumption and may impact underwriting standards on mortgages.

There was $12 billion in primary new insurance written in May by the members of the Mortgage Insurance Cos. of America, up from $11.4 billion in April and $8.5 billion in May 2012.

Milton Miller, the president of the Federal Home Loan Bank of Indianapolis, is retiring due to “medical reasons.”

The normal cyclical rise in interest rates is now emerging, said the chief economist at BNY Mellon, after being delayed by the financial crisis, recession and the Federal Reserve’s actions to hold down bond yields.

When Wolters Kluwer asked bankers recently which regulatory concerns keep them up at night, 46% said "regulatory reform"—referring to new rules stemming from the Dodd-Frank Act and the Consumer Financial Protection Bureau.

The chief executive officer of Spurs Capital is quite passionate about the Home Affordable Modification Program.

The recent jump in mortgage rates has not impacted foot traffic at KB Home’s showrooms and it is not discouraging buyers.

The NCUA board passed tough new regulations for loan participations that would that would set new requirements for sellers and buyers.

The Guide covers amendments to the Rule made December 2012.when the FTC revised the Rule to adopt a narrower definition of “creditor.”

Ben Bernanke's comments are not an enormous shift in policy, Dennis Lockhart said

Shellpoint had postponed the $251 million offering last week, said four people with knowledge of the transaction.