Mortgages

It appears that the privately held New Penn is positioning itself to be a major player in the jumbo market

BankFinancial said it had tried "accelerated dispositions" with some of repossessed assets, selling $2.4 million of other real estate owned and accepted offers for another $4.3 million.

Capital One's highest level of exposure is in New York, where it has $25.4 billion of loans outstanding.

There may be "extinction level" liabilities associated with paying illegal bonuses to loan officers based upon the profitability of originated loans.

If you know the answer to four questions, you will have a better handle on quality control.

PennyMac is beginning to make a name for itself as a top ranked buyer of mortgages, including jumbos.

Despite the increase, LPS believes the overall trend is one of improved delinquencies, noting that late payments are still down 30% from January 2010.

PrimeLending is one of the fastest growing lenders among the top 20.

Freddie Mac chief economist Frank Nothaft attributed the mixed-rate movements to a recent above-consensus employment report, and an upward revision in the prior two months of jobs data.

Is it time to reconsider the death sentence for Fannie Mae and Freddie Mac?

The government-sponsored enterprises recently issued guidelines that expand the number of potential borrowers who can qualify for a short sale.

Gleacher first acquired ClearPoint in January 2011, hoping the company would give it a competitive edge in the MBS business.

Real estate investment trusts that buy mortgage debt tumbled the most in a year Wednesday on the expectation that more homeowners would be able to prepay mortgages.

The large majority of Wells Fargo's commitment, $30 million, will come in the form of bank-owned property.

In its third quarter release PHH said it believes that retail production consistently delivers “high quality” loans.

The quality of Fannie Mae's new business is the best it's been in years, but part of the reason its fortunes have improved is the shrinking nature of its loan loss reserves.

After more than three years of regulatory requirements, some of which involved the implementation of technology, the moment that the origination industry has been waiting for has arrived.

Zillow CEO Spencer Rascoff said the company is focusing on a strategy of “building home-related marketplaces.”

Radian's delinquent inventory fell during the month to 93,980 units.

Mortgage lead generation revenue grew by 27% over the third quarter of last year.