News
Articles in "Lending"
Preventing Fannie Mae and Freddie Mac from purchasing mortgages outside the parameters of the ability-to-repay rule will further constrict lending to non-traditional borrowers and rural areas, the National Association of Federal Credit Unions...
The Federal Housing Finance Agency is pulling back on the loans that Fannie Mae and Freddie Mac can purchase, noting that beginning Jan. 10, 2014, the enterprises will no longer purchase a mortgage that is subject to the ability-to-repay rule if its not fully amortizing, has a...
Mortgage lender Caliber Funding launched a correspondent lending channel, expanding its production capacity, the company announced at the Mortgage Bankers Association Secondary Market Conference & Expo on Sunday.
"The departure of several large...
Mortgage lender Caliber Funding launched a correspondent lending channel, expanding its production capacity, the company announced at the Mortgage Bankers Association Secondary Market Conference & Expo on Sunday.
"The departure of several large...
With home sales on the rise, foreclosure inventory shrinking and the Mortgage Bankers Association Secondary Conference witnessing their largest amount of attendees to-date, all signs seem to point to a positive market recovery.
However, the MBA cautioned on Monday...
With home sales on the rise, foreclosure inventory shrinking and the Mortgage Bankers Association Secondary Conference witnessing their largest amount of attendees to-date, all signs seem to point to a positive market recovery.
However, the MBA cautioned on Monday...
Regulators should impose higher capital and liquidity requirements on too-big-to fail banks by linking the two together, said Daniel Tarullo, a governor with the Federal Reserve.
While there is a need for solid minimum requirements for both capital and liquidity,...
Regulators should impose higher capital and liquidity requirements on too-big-to fail banks by linking the two together, said Daniel Tarullo, a governor with the Federal Reserve.
While there is a need for solid minimum requirements for both capital and liquidity,...
Federal Housing Administration Commissioner Carol Galante told HousingWire in an exclusive interview that the FHA’s multifamily refinancing volume is most likely at its peak, with low interest rates encouraging refis on existing loans insured by agency.
With this pace of...
Federal Housing Administration Commissioner Carol Galante told HousingWire in an exclusive interview that the FHA’s multifamily refinancing volume is most likely at its peak, with low interest rates encouraging refis on existing loans insured by agency.
With this pace of...
Citadel Servicing Corp. discovered a need for non-prime lending and launched a product to serve this segment of the market.
The company's CEO and Chairman Dan Perl discussed the process of constructing a platform to originate non-prime mortgages on the radio show Capital...
Citadel Servicing Corp. discovered a need for non-prime lending and launched a product to serve this segment of the market.
The company's CEO and Chairman Dan Perl discussed the process of constructing a platform to originate non-prime mortgages on the radio show Capital...
Fixed-mortgage rates hovered near record lows this past week, amid weaker than expected first-quarter economic growth, according to Freddie Mac data.
The 30-year, fixed-rate mortgage floated just above its all-time record low, coming in at 3.35%, down from 3.4% last week...
Fixed-mortgage rates hovered near record lows this past week, amid weaker than expected first-quarter economic growth, according to Freddie Mac data.
The 30-year, fixed-rate mortgage floated just above its all-time record low, coming in at 3.35%, down from 3.4% last week...
Congressman Mel Watt, D-N.C, is President Obama’s pick to lead the Federal Housing Finance Agency, according to a ranking member of the House Committee on Oversight and Government Reform.
Rep. Elijah Cummings released a statement Wednesday, applauding reports that the...