Mortgages

When you speak to servicers nowadays, the number one concern many companies are battling right now is complying with new industry regulations.

We're hearing that the deck is stacked against Mel Watt, and his chances of being confirmed by the Senate and sworn in as the new GSE regulator are 100-to-1 at best.

Although the Dow Jones Industrial Average set an all-time high on Friday, the performance of the Mortgage Industry Equity Composite was more mixed.

A Connecticut attorney involved in a mortgage scam is facing 21 months of imprisonment following his recent sentencing in U.S. District Court.

NorthStar Realty Finance had first-quarter net income of $37 million, up from a loss of $34 million one year prior.

The question of the day on the Mortgage Grapevine actually the question of the past few years among originators is “are underwriting guidelines too tight?”

Bound by law in two different ways, the expectation to comply with the new mortgage servicing rules and investor demands, mortgage servicers still are navigating through the changes.

In a mortgage lending environment where most people are originating some flavor of the same product set, being able to offer something outside of the box can help give a loan officer an advantage.

The clarifications piece together additional details relating to the determination of the DTI ratio.

Without a government guarantee, the multifamily loan programs run by Fannie Mae and Freddie Mac would be reduced in nonprime lenders that would be dependent on the private securitization market.

United Guaranty Corp., the private mortgage insurer which is a subsidiary of American International Group, reported first-quarter operating income of $41 million.

The Department of Housing and Urban Development is selling more notes under its Distressed Asset Stabilization Program in the second sale of this type this year.

A former loan officer has been sentenced by a U.S. District Court judge to 151 months in prison.

Redfin has created a tool where homeowners can obtain estimates of their property’s value on what it says is a real-time basis.

The Topeka Federal Home Loan Bank is selling $231 million in Mortgage Partnership Finance loans on a flow basis to the Indianapolis FHLB.

CoreLogic has integrated compliance and fraud risk mitigation solutions into seven loan origination systems.

Interactive Mortgage Advisors is offering $10.7 billion Ginnie Mae bulk residential mortgage servicing rights on over 62,000 loans.

If you want to get something out to the industry in a hurry, Twitter is one of the fastest methods to get it done.

Mortgage companies added 1,600 full-time employees to their payrolls in March.

Zacks Equity Research analysts warn that legal tussles about past mortgage-backed security deals faced by JPMorgan Chase, Citigroup and other megabanks are bound to lead to increased legal risk.