Risk management

The range of loan products offered by mortgage lenders and investors has been narrow since the housing crisis, but a few underserved niches are starting to make a comeback.

The rate of mortgage applications with defective information fell in June, reversing the upward movement from earlier this year, according to First American Financial.

The bankruptcy of Wingspan Portfolio Advisors epitomizes the existential crisis facing default servicing. This once-thriving sector of the mortgage industry now finds itself declining in lockstep with the drop in loan delinquencies and foreclosures.

Ellie Mae will add new integrations of Fannie Mae's automated loan review technology to its loan origination system to help lenders ensure loans remain eligible for sale throughout the underwriting process and eliminate surprises at the end.

The Consumer Financial Protection Bureau's new integrated disclosure regulations could pose problems for warehouse line providers along with their mortgage lender clients.

Bankers were pleased with the dramatic leap in home lending last quarter, but they cautioned that volume will slow in the second half as rate increases curb refinancings, nonbanks provide stiffer competition, servicing costs remain high and underwriting standards change.

WASHINGTON — The Senate Finance Committee voted Tuesday for a measure that would extend a temporary 10-basis point hike in Fannie Mae and Freddie Mac guarantee fees for an additional four years.

From CFPB and TRID to QM and ATR, the barrage of new abbreviations emanating from the Dodd-Frank Act has only been matched by the enormity of the changes it made to the mortgage industry. Here are 10 ways that the landmark financial reform legislation has reshaped the mortgage industry since becoming law five years ago.

Fannie Mae has priced what it expects will be its final fixed severity deal.

Freddie Mac is expanding its risk-sharing efforts meant to protect taxpayers and potentially prepare the $9.4 trillion U.S. home-loan market for its future.

Credit Suisse Group is seeking to sell almost $300 million of notes tied to mortgage-insurance policies written by an American International Group Inc. unit, offering investors a new way to profit from a reviving U.S. housing market.

Struggling to win business in the age of QM, Impac Mortgage has relaxed underwriting requirements in hopes of attracting borrowers many other lenders won't touch.

Lenders and real estate agents may have to extend the usual 30-day timelines for rate locks and sales contracts while they get acclimated to the new Consumer Financial Protection Bureau mortgage disclosures that take effect in October.

North Dakota and Texas have the highest risk that home prices will decline among all states, because of their reliance on the oil industry, according to Arch Mortgage Insurance.

A new crop of P-to-P loan platforms is focusing on commercial real estate loans that get ignored by banks.

The delinquency rate on loans backed by the value of consumers' homes hit a postcrisis low in the first quarter, according to the American Bankers Association.

The technical glitch that suspended trading on the New York Stock Exchange for much of Wednesday shocked Wall Street, but the one-to-one nature of mortgage-backed securities trades meant the secondary mortgage market was not impaired by the outage.

The Greek debt crisis and China's stock-market crash may put downward pressure on interest rates and delay the Fed's interest rate hike, and they are adding uncertainty at a time when lenders thought recovery would be taking hold.

Borrowing costs for U.S. homebuyers may be falling again, thanks to Greece's woes, but not as much as they could be.

Nearly 25 years after a landmark deal and two subsequent legislative overhauls, glitches in the credit reporting system remain widespread. But while regulators and law enforcement officials are again raising the stakes for the credit reporting industry, critics fear it may not be enough.