Mortgages

Home equity lines of credit increased almost 16% in February 2013 compared to the same month a year ago, rising to $12.4 billion from $10.7 billion.

Concerns over the Federal Reserve exiting its bond purchase program affected the stock market on Monday.

Real Integrated Technology has released version 2.0 of its Commercial Site Inspector.

The lowest credit score which is supposedly available for loans to meet the Federal Housing Administration program standards is 580.

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

After hiring more than 50 new employees since January, Churchill Mortgage is restructuring its business management hierarchy.

Compliance Connections, which allows mortgage loan servicers and municipalities to communicate immediately when code issues arise, has surpassed processing 20,000 violations.

Plenty of financial firms are underprepared or haven’t adequately tested their recovery plans.

A panel of 49 economic forecasters expects housing starts will hit 1 million this year and 1.18 million in 2014 as home prices continue to rise.

The Federal Housing Finance Agency should require the government-sponsored enterprises to purchase loans with deeper levels of credit enhancement in exchange for bona fide reductions in guarantee fees and other loan level charges, the Mortgage Bankers Association says.

Credit unions are showing a healthy 5.2% annual growth in lending, but the overall loan-to-share ratio, 57.1%, remains at its lowest point since 1994.

Financial services provider NewOak Capital has opened NewOak Credit Services LLC in Danbury, Conn.

MountainView Servicing Group is exclusively managing the sale of two servicing portfolios.

When the authors of the Home Value Forecast predicted a year ago that the U.S. real estate market was going to turn in a positive direction, they just did not think it would happen this quickly.

Minnesota would set aside revenue from a proposed cigarette tax increase and corporate tax changes as a backup, should gambling revenue continue to fall short of the amount needed to make payments on bonds for a new Minnesota Vikings football stadium.

Security National Financial Corp.’s residential mortgage business saw a near 30% increase in revenue in the first quarter on a year-over-year basis.

Wells Fargo and Citigroup have halted the vast majority of their foreclosure sales in multiple states following the release of new guidance by the Office of the Comptroller of the Currency.

New York Attorney General Eric Schneiderman is revising his allegations of foreclosure settlement violations by Wells Fargo and Bank of America.

The qualified mortgage rule is a special carve-out to the ability to repay requirement.

Hedge funds are piling into mortgage insurers in a bet that some of the companies worst hit by the U.S. housing crash will be among the biggest winners in the rebound.