Mortgages

Warehouse usage levels haven’t been this strong since the 2000 to 2004 time period when it ranged from 50% to 60%.

The new agreements allow residential servicers to approve any short sale or deed-in-lieu that meets Fannie Mae/Freddie Mac's requirements without individual mortgage insurance company approval.

Will some of Residential Capital Corporation's massive servicing portfolio wind up at Home Loan Servicing Solutions?

Assurant said it is attempting to create more flexible policies that address the concerns of banker clients and regulators about costs and services provided.

Although Genworth's mortgage insurance division lost money, it is seeing a noticeable pick up in new policies written.

Mortgage bankers will be unable to sell into the secondary market any newly originated loans from the Northeast and Mid-Atlantic without a natural disaster re-inspection (NDR).

New applications continue to fall somewhat but the purchase money share is increasing.

Among other things, the Department of Housing and Urban Development has imposed a 90-moratorium on foreclosures of FHA-insured loans affected by Hurricane Sandy.

Because of storm damage, lenders will need to have properties re-appraised which means home inspectors will be busy in the New York-New Jersey area and surrounding locales.

More firms are contemplating selling servicing rights -- including the nation's megabanks.

We're seeing a rise in the willingness of lenders to make home mortgages to business owners who cannot always verify income.

The Federal Housing Administration notes that purchase money loans represented 62% of all government insured forward mortgages originated in fiscal year 2012.

A spokeswoman for Wells Fargo said the refunds were not prompted by any regulatory action -- nor are they related to a federal lawsuit filed early this month by the U.S. Attorney in New York.

Talk of the 'Qualified Mortgage' rule coming out before Thanksgiving may be premature.

Even though more Massachusetts homes were sold in September, median prices slipped back below $300,000, according to data from The Warren Group.

Habitat for Humanity and the Citi Foundation have created a toolkit to provide technical training and tools to encourage microfinance institutions around the world to include or enhance housing microfinance products in their portfolios.

More than a third of all potential borrowers would be willing to pay a higher rate if the mortgage came with superior service, according to a new survey.

Home loans lifted HomeStreet Bank (HMST) in Seattle in the third quarter. Earnings rose 40%, to $21.3 million, from a year earlier, the $2.5 billion-asset company said Monday.

The Department of Justice suit against Bank of America shows that beyond enforcement through regulators, lawsuits are increasingly focusing on the systems lenders use.

Even though more Massachusetts homes were sold in September, median prices slipped back below $300,000, according to data from The Warren Group.