Mortgages

Surprises in the latest prepayment numbers include a notable surge in loans eligible for the Home Affordable Refinance Program.

Prior to 2012, REO sales at Freddie Mac produced positive income in only two quarters.

Is it too early for mortgage bankers to get excited about President Chris Christie?

Washington sources have told National Mortgage News that when the outside audit of the agency is released next week, FHA's Mutual Mortgage Insurance fund may require a bailout.

JPMorgan Chase will go to trial on allegations by the Federal Housing Finance Agency of wrongdoing in the sale of securities backed by residential mortgages.

Several months back mortgage bankers from coast to coast were fretting about the inevitable: that when interest rates finally rise the refinancing gravy train that’s been sustaining mortgage bankers for the past 12 months will finally grind to a halt.

Giving in and looking for someone to help with the loan origination business.

Despite the lack of any big acquisitions, Nationstar's servicing portfolio grew slightly, to $198 billion in serviced loans, on the back of increased originations and two GSE portfolio acquisitions.

The Department of Housing and Urban Development extended a 90-day moratorium on foreclosures to three counties in Rhode Island on Monday after the president declared them to be disaster areas.

Fidelity’s title insurance business alone posted pretax earnings of $210 million, up from $138 million in 3Q11.

Integra began its initiative due to the lack of inventory of single-family homes as rental property investments.

Under the OCC, a complex foreclosure review process is funneling hundreds of millions of dollars to administrators and advertisements. Critics charge that banks and homeowners would be far better served by a simpler program.

Election or not, the fate of mortgage banking hangs in the regulatory balance.

At least three firms bid on MetLife's $70 billion portfolio of mortgage servicing rights.

The Federal Home Loan Bank of Cincinnati purchased $1.9 billion of single-family loans from banks and thrifts during the first nine months of 2012, a 46% increase from the same period a year ago.

I was born, raised and currently live on the Rockaway Peninsula, one of the hardest hit areas by Hurricane Sandy. My family evacuated before the storm hit, but we saw the images on television of flooding and fires that struck our area.

Consumer Financial Protection Bureau director Richard Cordray, installed by Persident Obama in January without Senate confirmation, is expected to hold office at least until his recess appointment expires at the end of 2013, no matter the election victor.

Bond prices are improving due to the federal government purchasing mortgage-backed securities, which keeps interest rates low.

Freddie Mac's third-quarter results suggest that the mortgage giant is living off the refi boom: in 3Q its secondary market acquisitions supported home purchases of 1.4 million units, but 5.6 million of refinancings.

Late-stage delinquencies total an additional two million properties and 3.6 million more units are at "immediate serious risk."