Mortgages

The settlement between regulators and 10 residential loan servicing companies may have a positive effect on the market, as it allows them to refocus on their core servicing operations, other compliance requirements and the foreclosure backlog.

Quandis and Adeptive Software reached a partnership to streamline borrower bankruptcy searches through the government’s Public Access to Court Electronic Records service on the Internet.

In November home prices had their largest year-over-year gain in over six years, according to the FNC Residential Price Index.

Are mortgages the only the kind of government-backed consumer loan that regulators need to create an ability to pay or other standards for?

Foreclosure activity in all New York City boroughs continued to slow down in 2012, with first-time foreclosures that are up for auction reaching a seven-year low.

Ginnie Mae mortgage-backed securities issuance edged down slightly in December after hitting a three-year high in November.

GTE Financial has become one of a handful of credit unions to offer its members the HarmonyLoan.

United Wholesale Mortgage is providing the mortgage brokers who sell product to it with metrics involving loan quality, efficiency and production.

Subprime mortgages are likely to become harder to make and more expensive to sell based on the new qualified mortgage rule.

Lender Processing Services estimates that 2.6 million Fannie Mae and Freddie Mac loans may still be eligible for refinancing via the Home Affordable Refinance Program.

The Qualfied Mortgage rule largely adopts underwriting criteria already standard for most.

We're hearing it could be a case of one government agency not knowing what the other is doing.

As we approach 2013 it is safe to say that a New Mortgage Industry continues to emerge.

Keystone Asset Management has entered into a strategic partnership with RealtyPilot to utilize its cloud-based valuation technology.

Origination News is seeking loan officer volume for 2012 for its annual top 150 producers list.

The National Association of Mortgage Brokers is now NAMB the Association of Mortgage Professionals.

The price of single-family homes in San Diego County was at $418,500 in December 2012, up nearly 18% compared to the same month in 2011.

Wells Fargo executives said in an earnings call that they are still optimistic about originations, even though the company suffered a sequential quarterly decline they attributed to its exit from the wholesale channel and seasonal factors.

A Mortgage Grapevine poster is looking for suggestions from industry participants regarding a sample mortgage broker hiring policy and an office policy.

A “builder bailout” real estate scheme where more than 100 condominium units with mortgages that defaulted, resulting in foreclosures and substantial losses for lenders, has been stopped.