Mortgages

In appropriate cases the Consumer Financial Protection Bureau plans to continue its Big Brother approach to customer-disputed loss mitigation cases subject to mortgage servicing transfers.

Key regulators signaled that they will consider matching up the qualified residential mortgage rule with the definition of the qualified mortgage so they don’t place additional constraints on lending.

The standard’s greatest risk is its ambiguity. HUD declined to provide any sense of meaningful examples as to what amounts to a disparate impact.

The gap between the listing price for a property and the actual closing price continues to narrow in the U.S.

A record number of consumers utilized MortgageKeeper Referral Servicers’ database in January.

Banks will unload big volumes of distressed loans this year, the head of PennyMac predicts.

The Bay Area housing market had the strongest January sales in six years and the tenth straight year-over-year increase in the median sale price.

Gleacher & Co. has found a buyer for the ClearPoint wholesale mortgage production business it put on the block last November. The unit is being acquired by Homeward Residential Inc., a subsidiary of Ocwen Financial Corp. Terms of the deal were not disclosed.

Interactive Mortgage Analytics hired Greg Beers as a senior vice president.

U.S. consumers and advocates generally grew fonder of fixed-rate mortgages while criticizing securitization in the wake of the downturn.

Even as home prices have begun to increase throughout the country and it appears the housing industry is in a recovery mode, there is still reluctance among many individuals to make long-term investments into buying a home.

Tight inventories and winter weather are taking the steam out of home sales.

Investors sold off their holdings of Ellie Mae in anticipation of the company’s fourth-quarter results.

More laws, more regulations, more rules, more confusion for mortgage originators.

Armour Residential REIT Inc. priced a public offering of 65 million shares of common stock.

Did the American Land Title Association shoot itself in the foot with its best practices statement?

Bank of America Merrill Lynch invested more than $2.6 billion in community development in 2012, generating nearly 11,000 affordable housing units.

Community banks are feeling the pressure to comply with new lender-placed insurance requirements and following the example of large banks that already rely on automated regulatory compliance solutions.

MountainView Servicing Group is exclusively managing the sale of two portfolios of servicing on loans with a total unpaid principal balance of $369 million.

According to the monitor of the national mortgage settlement, Residential Capital, Ally Financial and GMAC Mortgage have collectively exceeded their "consumer relief obligations.”