Mortgages

Assurant said its American Security unit has reached an agreement with California's Department of Insurance to reduce rates for lender-placed insurance in the state by 30.5%.

Ginnie Mae approved 34 new issuers in fiscal year 2012 (which ended September 30), bringing the total universe of government-approved firms up to 406.

The new chairman of the Mortgage Bankers Association says the industry needs to make certain that regulators understand that to go beyond consumer protection into excessive credit constraints will damage the housing industry.

Transparency is the word being thrown around by many at the meeting.

RES.NET is promoting new updates it has made to its short sale portal that potential clients can utilize to improve their business.

SunTrust would have earned a record high of $152 million on mortgage banking in the third quarter if not for loan buyback reserves.

Residential Capital Corp. will be sold through an asset sale with possibly $4 billion in proceeds going to the bankruptcy trustee.

Fannie Mae and Ginnie Mae are seeking to protect taxpayers as a flood of new lenders apply to do business with them.

Mortgage Bankers Association president and CEO David Stevens declared that Fannie Mae and Freddie Mac should go through the same rule-making process as any other government agency while they are in conservatorship.

Will Ocwen's outsourcing of jobs overseas hurt its bid for Residential Capital Corporation?

It’s safe to say that Debra Still, the incoming chair of the Mortgage Bankers Association, is battle-tested.

With origination volumes booming, PennyMac has doubled a repo facility it had with Citibank.

The Consumer Financial Protection Bureau is working closely with state regulators in an effort to ensure a level playing field in the nonbank mortgage sector.

Strong mortgage banking revenue helped boost profits at BancorpSouth.

Fannie Mae hopes to attract more private capital to the business but so far it's been tough sledding.

Mortgage Returns CEO says marketers need to send the right message to the right client.

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Keep your ears open in Chicago at the MBA show for hints about which way the minimum net worth requirement is leaning.

Existing home sales fell 1.7% in September after a strong August when purchases rose 8%.

Sterling Partners plans to invest several hundred million dollars in mortgage servicing rights.