Mortgages

The Federal Housing Administration appears to be in process of a changing a March directive that made it more difficult to process refinancings.

Title insurance underwriters saw the volume of premiums written during the second quarter increase by $456 million over the same period last year, according to the American Land Title Association.

The recovery in the multifamily sector is hitting on all cylinders with rents rising, vacancies falling, and accelerating construction, while the single-family market is still on a slow path of revival.

If the government is bent on winding down Fannie Mae and Freddie Mac sooner rather than later, then it helps that some major lenders are committing to buy back soured loans from the government-sponsored enterprises all at once, rather than quarter by quarter.

The Consumer Financial Protection Bureau offered new details about how the agency will examine large credit-reporting firms.

Plenty of mortgage banking firms are lining up to get their Ginnie Mae approvals so they can issue government-backed mortgage bonds and service the underlying loans.

One factor that could affect prepayments going forward is whether the federal officials decide to embark on another round of easing involving mortgage-backed securities purchases.

Wells continued to be an origination powerhouse in the second quarter, funding $131 billion of new home mortgages and setting yet another record in quarterly market share.

Fannie Mae Chief Economist Doug Duncan explains the correlation between rising student loan debt and its impact on household formation and mortgage originations.

The Treasury Department announced Sunday that it is getting ready to sell $18 billion of the stock it purchased in American International Group, a move that will result in the government owning less than 20% of the insurance conglomerate.

Nationally, 18% of residential borrowers who are current on their loan payments are underwater, ranging from a low of 0.4% in Wyoming to 55% in Nevada.

The California firm pushing municipalities to seize loans for borrowers owing more than their homes' values, said it would expand its proposed program to include delinquent and defaulted debt.

Housing bond volume jumped 36.1% between the first half of 2011 and the first half of this year.

You ask for their opinions of your work and they gave them. How you respond, not if, could cement the relationship.

Eminent domain for underwater loans and laws affecting foreclosures do impact loan originators, said the board of the California Association of Mortgage Professionals.

Colony Financial in Los Angeles seeks to raise as much as $150.9 million through a common stock offering and use the funds to repay a revolving credit facility.

U.S. state attorneys general are pressing four regional banks to accept a legal settlement over botched foreclosures similar to a deal reached with larger competitors earlier this year

Lender Processing Services said its president and CEO Hugh Harris underwent a surgical procedure to remove a tumor from his neck, noting he has a “treatable form of cancer.”

Radian Group, MGIC Investment Corp. and Genworth Financial—saw substantial increases in their stock prices Friday, one day after Radian released robust monthly results.

Want to sell your mortgage company? What will your tax rate be next year?