Mortgages

Once the refinancing binge is over, Federal Reserve Board officials are hoping lenders will make credit more available to first-time homebuyers.

Re/Max is seeing encouraging signs in its February sales data, including more move-up buyers entering the market.

RE_LoanDR posted on the Mortgage Grapevine looking to place a high loan-to-value ratio borrower with 625 credit score loan to be secured by a newly constructed home.

Small mortgage bankers should not think their organizations are not of interest to the Consumer Financial Protection Bureau because of their size.

January data confirm that proprietary mortgage loan modifications continue to be more affordable than Home Affordable Modification Program options.

Lack of emergency savings makes borrowers three times more likely than households with such resources to pay late, and twice as likely to face a foreclosure.

The House passed a bill by voice vote that would allow banks to opt out from sending annual privacy notices to customers unless the disclosures changed from the prior year.

Industry groups are backing a newly introduced bill that clarifies the 3% cap on points and fees in the qualified mortgage rule.

Loans refinanced under the Home Affordable Refinance Program declined in December to 41.1%.

Federal Reserve Gov. Sarah Bloom Raskin said the loss of equity in homes during the recession was especially damaging to low-income and minority neighborhoods.

The uncertainty impacting the mortgage banking industry for the past few years is starting to clear as the housing market is healthier and much of the rulemaking around Dodd-Frank is now out.

Mortgage rates for 30-year loans rose to a six-month high after stronger-than-expected employment growth drove up yields for the government securities that guide home loans.

Home Loan Servicing Solutions entities have completed an acquisition from Ocwen Financial and its affiliates and subsidiaries of rights to receive servicing fees

During his presentation at the Regional Conference of Mortgage Bankers Associations in Atlantic City, he discussed what might be an opportunity for originators to share with their customers.

Despite a modest increase in foreclosure filings on a monthly basis as of February, one housing industry analyst sees relief for the national foreclosure crisis through the end of this year and into 2014.

Chairman and CEO Doug Lebda said the mortgage business performed particularly well in the fourth quarter.

That giant sucking sound you hear may be the sound of mortgage loan officers from the large national commercial banks moving to small and midsize regional players.

Homeowners who were victims of the severe storms, tornadoes and flooding that occurred last month in Mississippi now have full access to Freddie Mac’s mortgage relief policies.

Mortgage Bankers Association CEO David Stevens warned lenders that they need to prepare for the high amount of refinance activity coming to an end soon.

We're hearing it helps to know your customers.