Mortgages

With that status, the company can originate for sale to Freddie Mac (and retain the servicing rights on) mortgages securing independent living, assisted living, memory care and rental continuing care properties.

Cedonulli2 is a long-time Mortgage Grapevine gadfly who has done broker price opinions on troubled homes.

We're hearing the jumbo interest-only home loan popular with high-net-worth borrowers is still being made for now.

The consumer relief data sent to the mortgage settlement monitor show that within the first year since servicers signed the agreement they have distributed $50.63 billion in direct relief to customers.

Collectively, credit unions originated more than $100 billion in loans last year for the first time.

Rep. Mel Watt wants the Consumer Financial Protection Bureau to conduct a study on the fees charged by title insurance companies that are owned or affiliated with mortgage companies.

All eyes are on Texas legislators who in the next few days will determine how the state may use roughly $124.7 million in national mortgage settlement while some insiders worry about potential diversions.

Across the nation, a shortage of available housing inventory is forcing prospective buyers to bid against one another for those properties that are listed for sale.

360 Mortgage Group sees the exit of Chase Rural Housing from the wholesale U.S. Department of Agriculture loan purchase channel as an opportunity to grow its own business in this big but underserved market place.

Indecomm Global Services has completed the acquisition of Mortgage U Inc., a mortgage training company that focuses on regulatory compliance.

Richard Hartnack, the former vice chairman and head of consumer and small business banking at U.S. Bancorp, has joined the board of directors of Freddie Mac.

Fay Servicing is seeking to hire experienced mortgage professionals living in the greater Chicago area.

Citigroup is replacing Sanjiv Das, the chief executive of its mortgage unit, with private bank head Jane Fraser.

April home values reached similar levels from nearly nine years ago, according to the latest Zillow real estate market report.

If you originate under the qualified mortgage rule, courts must presume that you followed the eight underwriting guidelines found in ability to repay.

Commercial real estate loan collateralized debt obligation delinquencies remained stable at 13.2% in Fitch Ratings’ latest monthly report.

Laggards in adopting compliance technology can take a long time to get up to speed.

The Federal Housing Administration is making it possible for existing FHA borrowers who had trouble making their payments in the past to refinance at a lower rate.

When it comes to appraisals, different lenders have different needs, depending on lending strategies, business models and areas served.