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A recent deal drew more than 65 buyers, addressing what initially had been a key concern about the new securities. Policymakers had originally questioned whether they would draw enough investors.
March 6 -
Private-label mortgage securities issuers should act now to make their industry more standardized and transparent, the senior adviser to the U.S. Treasury on housing policy said.
March 6 -
A jump in lender-paid policies would come at an inopportune time for the industry, which faces new regulatory requirements for such insurance, underscoring the need to educate borrowers why it is necessary.
March 6 -
HomeStreet plans to sell two pools of delinquent residential loans that it will continue to service.
March 5 -
Mortgage brokers have the strongest ties with referral sources like real estate agents. But they lack the control over closing, funding and underwriting that's critical in a home purchase transaction.
March 5 -
Improving housing markets continued to push down the overall delinquency rate of commercial and multifamily mortgages in the fourth quarter of 2013, according to the Mortgage Bankers Association.
March 4 -
President Obama's fiscal-year 2015 budget projects the Federal Housing Administration won't require a taxpayer subsidy this year as the agency's efforts to shore up its finances have offset losses from defaulted loans.
March 4 -
How federal regulators fabricated a media narrative with verbal sleights of hand.
March 4
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PNC also disclosed more details about three subpoenas it received from the U.S. attorney's office in Manhattan related to National City Bank, the Cleveland-based subprime home lender PNC purchased in 2008.
March 4 -
The GSEs reported big profits for 2013 but even the companies' executives question the sustainability of those earnings.
March 3 -
Bruce Berkowitz, the money manager battling the U.S. government over the future of Fannie Mae and Freddie Mac, is calling on the boards of the mortgage-finance giants to build capital instead of turning over their profits to Treasury now that they've returned to profitability.
March 3 -
Capital One Financial Corp., the bank that gets more than half of its revenue from credit cards, received subpoenas and information requests from U.S. authorities investigating mortgage fraud.
February 28 -
First Horizon National has reached an agreement with Freddie Mac related to home loans originated and sold to the government-sponsored entity between 2000 and 2008.
February 27 -
Real estate mortgage investment conduit rules generally discourage non-distressed securitized loan sales, but SN Servicing says it had reasons to sell some at a loss in this 2002 scratch-and-dent deal.
February 27 -
A proposal to limit increases in basic allowances for housing and reduce military personnel could hurt the performance of some military housing bonds, Fitch Ratings warns.
February 27 -
A federal judge ruled Wednesday that the hedge fund's lawsuit against the government will not be thrown out of court, allowing it to proceed with discovery.
February 27 -
Morgan Stanley agreed to pay the Securities and Exchange Commission $275 million to resolve a probe into the sale of subprime mortgage-backed securities in 2007.
February 25 -
The Securities and Exchange Commission wants public input on the idea of requiring loan-level data disclosure to be made through an investor website rather than on the public EDGAR system.
February 25 -
Jumbo mortgages currently are yielding less than agency loans, and there are other anomalies you can see in the business if you look closely.
February 25 -
Standard & Poors said President Obama met with Treasury Secretary Timothy Geithner just before Geithner warned the company to expect a response to its downgrade of U.S. debt, an event that justifies its request to see White House communications to help defend fraud claims.
February 25











