News

Articles in "Lending"

March 13, 2013 12:16 PM
Lawmakers question FHA's long-term safety

U.S. lawmakers mulled over the differences between loans backed by the Federal Housing Administration and private insurers Wednesday, noting that FHA continues to put taxpayers at risk.

Members of Congress raised these questions during a House Financial Services Committee...

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March 13, 2013 10:36 AM
Balancing act: Private mortgage insurers want in on housing

Private mortgage insurers are ready to play a role in the housing finance market, but that won't happen until federal housing agencies strike the appropriate balance between private insurers and the Federal Housing Administration, industry representatives claim.

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March 13, 2013 09:48 AM
Balancing act: Private mortgage insurers want in on housing

Private mortgage insurers are ready to play a role in the housing finance market, but that won't happen until federal housing agencies strike the appropriate balance between private insurers and the Federal Housing Administration, industry representatives claim.

 ...

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March 13, 2013 07:43 AM
FHFA: HARP refinancings beat 2012 estimates

Nearly 1.1 million Fannie Mae and Freddie Mac mortgages refinanced through the Home Affordable Refinance Program last year, beating overall estimates for 2012.

Since the program’s launch in 2009, 2.2 million loans have successfully refinanced through the...

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March 13, 2013 06:06 AM
Mortgage applications sink 4.7%

The number of mortgage applications filed in the U.S. slumped, falling 4.7% for the week ending March 8, the Mortgage Bankers Association said Wednesday.  The drop follows a substantial increase recorded just seven days earlier.

The refinance index dropped 5%, and...

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March 12, 2013 11:58 AM
Senators grill Cordray on CFPB structure, budget

Consumer Financial Protection Bureau Director Richard Cordray faced intense grilling from U.S. Senators as lawmakers considered him for a second leadership term Tuesday.

Initially, the president appointed Cordray during a series of recess appointments, bypassing Senate...

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March 12, 2013 11:40 AM
Senators grill Cordray on CFPB structure, budget

Consumer Financial Protection Bureau Director Richard Cordray faced intense grilling from U.S. Senators as lawmakers considered him for a second leadership term Tuesday.

Initially, the president appointed Cordray during a series of recess appointments, bypassing Senate...

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March 12, 2013 08:02 AM
Richard Cordray jumps back into the ring

Consumer Financial Protection Bureau Director Richard Cordray is scheduled for an intense grilling by U.S. Senators at a confirmation hearing on Tuesday to discuss his future as leader of the CFPB.

In prepared remarks for the Senate Banking Committee, Cordray notes the...

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March 11, 2013 03:29 PM
OIG aims to limit GSEs interest-rate risks

Ongoing concern about how interest rate fluctuations could impact Fannie Mae and Freddie Mac prompted the Office of the Inspector General for the Federal Housing Finance Agency to audit the FHFA's oversight of these risks.

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March 11, 2013 02:12 PM
OIG aims to limit GSEs interest-rate risks

Ongoing concern about how interest rate fluctuations could impact Fannie Mae and Freddie Mac prompted the Office of the Inspector General for the Federal Housing Finance Agency to audit the FHFA's oversight of these risks.

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March 11, 2013 12:00 AM
Monday Morning Cup of Coffee: OneWest Bank considers sale, IPO

HousingWire's Monday Morning Cup of Coffee takes a look at news from the weekend, with more coverage on bigger issues. 

OneWest Bank executives are considering the possibility of selling the big savings and loan company, the LA Times...

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March 10, 2013 01:28 PM
Monday Morning Cup of Coffee: OneWest Bank considers sale, IPO

HousingWire's Monday Morning Cup of Coffee takes a look at news from the weekend, with more coverage on bigger issues. 

OneWest Bank executives are considering the possibility of selling the big savings and loan company, the LA Times...

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March 8, 2013 06:17 PM
MBA supports lower LTVs for FHA-insured jumbos

A Federal Housing Administration proposal to lower the loan-to-value ratio requirements for government-backed loans valued above $625,500 has gained the support of the Mortgage Bankers Association.

The plan would essentially lower the...

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March 8, 2013 01:35 PM
FHA to establish its own qualified mortgage rule: Galante

The Federal Housing Administration is constructing its own version of the qualified mortgage rule, said FHA Commissioner Carol Galante, during the JPMorgan Chase Securitization Research conference.

Under the Dodd-Frank Act, the FHA has the authority to...

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March 8, 2013 12:06 PM
FHA to establish its own qualified mortgage rule: Galante

The Federal Housing Administration is constructing its own version of the qualified mortgage rule, said FHA Commissioner Carol Galante, during the JPMorgan Chase Securitization Research conference.

Under the Dodd-Frank Act, the FHA has the authority to...

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