Mortgages

Despite the absence of precise data, it is well understood that the number of failed new home developments is significant.

Fiserv has partnered with ChannelNet to offer borrowers the same multifaceted self-service website opportunity it has so far provided to lenders.

The Federal Housing Finance Agency said that the Home Affordable Refinance Program will be extended by two years to last through 2015.

Freddie Mac said that David Lowman is joining the company effective May 20, as the executive vice president for the single-family business.

Small and medium commercial and savings banks trimmed their originations of FHA and jumbo loans in 2012 and increased their production of conforming mortgages.

The average rate for a 30-year fixed-rate mortgage fell again, but more steeply than before.

With the average time for lenders to repossess a housing unit up to a record 477 days nationwide, the fewest properties were foreclosed upon during the first quarter of 2013 in nearly six years.

An estimated 81,351 homeowners received a permanent loan modification in February.

Interactive Mortgage Advisors is exclusively brokering a $12.7 billion Fannie Mae/Freddie Mac bulk residential mortgage servicing rights offering on new origination, low interest rate loans.

The market is heating up, but some people are overpromising and underdelivering.

The court granted summary judgement on a wrongful foreclosure action, Van Hoecke v. First Franklin.

Members of the Mortgage Industry Equity Composite had a banner day on Wednesday, with 15 of the 17 stocks closing higher than they did on Tuesday.

REIT Exchange Fund has made an offer to shareholders of 33 nonpublicly traded real estate investment trusts to exchange shares in those stocks for shares in its fund.

Fannie Mae and Freddie Mac could return billions of dollars in profits to taxpayers who bailed them out in 2008.

The Benedict Group has added Web access to its loan servicing software to help clients manage their financial transactions.

Continued significant improvement can be expected in both the commercial real estate and housing sectors.

A Mortgage Grapevine poster who uses the handle The Mortgage Psychic is claiming that interest rates are going way down.

Insiders are expressing renewed optimism for growth in real estate capital markets and commercial real estate fundamentals, even compared to expectations of just six months ago.

Regulation has created a window of investment opportunity in the current booming mortgage servicing rights market.

Paulson & Co. executives were sued for alleged conflicts in the handling of assets in the bankruptcy of a group of resorts including the Doral golf course.