Mortgages

There were 15 of 17 Mortgage Industry Equity Composite members whose stock prices closed higher on Thursday.

One niche mortgage loan product which may be underutilized is the reverse mortgage.

A report from Zacks.com said that the rumors of the Federal Reserve ending its stimulus program and the resulting rise in mortgage rates have impacted net-leased real estate investment trusts.

Last month, Churchill said it had already hired 50 since the start of the year.

A potential borrower has come to the Mortgage Grapevine with an unusual scenario.

The National Association of Realtors leading indicator of future home sales jumped 6.7% in May to the highest level since 2006.

Consumers in most major U.S. metropolitan areas continued to reduce their total debt in the first quarter of 2013.

The prices of loans supporting commercial mortgage backed securities decreased 60 basis points between the end of April and the end of May

New York will use up to $20 million in mortgage settlement funds to rebuild and restore neighborhoods that are still struggling with blight and large inventories of vacant properties.

Mortgages serviced by large national and federal savings banks supervised by the Office of the Comptroller of the Currency performed better in the first quarter than a year earlier.

GE Capital Real Estate is increasing lending this year as deals accelerate and the cost of borrowing jumps in the commercial mortgage-backed securities market.

Rep. Mel Watt will face lawmakers skeptical of his knowledge of housing-finance issues today when he appears at a Senate Banking Committee hearing on his nomination to oversee Fannie Mae and Freddie Mac.

The average for the 30-year fixed-rate mortgage jumped 53 basis points this week to its highest level in almost two years.

California Realtors are raising objections to the Corker-Warner GSE reform bill because of the reduction in loan limits in high-cost areas.

The Dodd-Frank Act gave the Consumer Financial Protection Bureau the explicit authority to conduct examinations and take supervisory actions against large nonbanks.

Millions of homeowners are still delinquent on their mortgages or owe more than their homes are worth.

Educational efforts that focus on helping home seekers understand all of their housing options are not limited to the National Homeownership Month in June.

ResCap has already paid $1.13 billion to Ally to satisfy claims regarding the secured facilities the parent company provided to the mortgage lender.

During 2008 and 2009, a contractor who worked on several HPD construction projects paid Adorno $100,000 to obtain additional work from the city agency.

That was good news for Mortgage Industry Equity Composite stocks as 13 of the 17 members closed higher than they did on Tuesday.