Mortgages

Citigroup has yet to clarify how many mortgage jobs, if any, will be cut.

The House Ways and Means Committee chairman David Camp won’t take up the tax extension bill until congressional Republicans reach a deal with President Obama on taxes and spending.

Home loan closings were impacted as re-examinations and other forms of inspections needed to take place.

Be proactive in getting applications from your neighbors.

Both Fannie Mae and Freddie Mac will suspend evictions nationwide on foreclosed single-family homes and multi-family properties during the upcoming holiday season.

Talent, location and good weather brings Specialized Loan Servicing, an independent third-party servicer based in Highlands Ranch, Colo., to open shop in Tempe, Ariz.

Oftentimes, appraisers don't feel like reviews are processed by qualified real estate property valuation professionals.

Federal Deposit Insurance Corp.-insured institutions originated $204.8 billion of single-family loans in the third quarter.

Most mortgages are being denied because of collateral-related issues and debt-to-income requirements.

Solera National Bank is starting its own residential mortgage division.

Chase reached out to Quicken regarding the source code of its origination software.

MVB Bank has agreed to purchase Potomac Mortgage Group for $19 million in cash and stock.

Freddie Mac has announced its last new offering of multifamily structured pass through “K” certificates for the year, a $1.1 billion deal set to price this week.

Don't be fooled. The QRM rule is not dead, though it is hibernating.

However, the American Bankers Association, Consumer Mortgage Coalition, Independent Community Bankers of America, Mortgage Bankers Association and the Housing Policy Council of the Financial Services Roundtable have “several concerns” about Phase 2 of the MBS proposal.

Though 81% of consumers expressed satisfaction with banks on the mortgage process, 56% blame slow execution as among the most irksome aspects of the process.

The new Redwood Trust notes offer investors a yield of 5.6% and mature in six years.

A significant number of consumers said they would consider getting their next loan from a nontraditional source.

Nationally, there were 58,000 completed foreclosures during October, down from 77,000 the prior month and 70,000 a year ago.

The members of the Mortgage Insurance Cos. of America had their best month of the year in October, with volume approaching $11.5 billion.