Mortgages

The piggyback mortgage, also known as the 80-10-10, has been cited by some as a contributing factor to the crisis.

All but one of the Mortgage Industry Equity Composite stocks closed higher on Monday.

While Fannie and Freddie's regulatory plan for a single securities platform is separate and distinct from the single security MBA president and CEO David Stevens has been pressing for since last year, the common platform could possibly accommodate it.

The economists at the Mortgage Bankers Association believe the Federal Reserve will not start selling off the mortgage-backed securities it purchased any time soon.

The New York attorney general is threatening to sue Bank of America and Wells Fargo for allegedly failing to keep up with the timetables for completing loan modifications under the national mortgage settlement.

A recent sheriff sale in New Jersey indicates distressed property sale prices are the new residential property value metric in hard-hit areas with large inventories.

Bank of America has agreed to pay the bond insurer MBIA $1.6 billion to settle a five-year-old dispute over losses related to soured mortgage-backed securities

Big players remain largely absent from the re-emerging private-label residential mortgage-backed securities market.

The results of the Consumer Financial Protection Board’s rulemaking process add costs and time to the loan origination process.

Wells Fargo and Bank of America have serially violated the terms of the national mortgage servicing settlement, New York Attorney General Eric Schneiderman alleged on Monday.

In March, DataQuick said 10,215 new and resale houses and condominiums closed escrow in the Miami metropolitan area.

Credit unions and their CUSOs are looking to create new growth opportunities in everything from investments, to some untraditional lending activities and even collections.

Fannie Mae and Freddie Mac loans must comply with the requirements of the qualified mortgage rule starting in January.

Mortgage Bankers Association officials believe the market is improving but not fast enough, and a move toward government-sponsored enterprise reform needs to happen while refinancing is ensuring a liquid market.

A common securitization platform is under full scale development and should be ready for significant testing by next year.

JPMorgan and Credit Suisse said New York was relying on recycled claims from private lawsuits.

Thomas Marano is leaving the chief executive officer’s post at Ally Financial Inc.’s bankrupt Residential Capital mortgage unit.

The Federal Housing Administration multifamily program is slated to shut down in August unless Congress provides HUD with an additional $5 billion loan commitment authority.