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Articles in "Lending"
The Federal Housing Finance Agency directed Fannie Mae and Freddie Mac to extend the Home Affordable Refinance Program by two years to Dec. 31, 2015.
The program was set to expire at the end of this year.
FHFA determined that...
The Federal Housing Finance Agency directed Fannie Mae and Freddie Mac to extend the Home Affordable Refinance Program by two years to Dec. 31, 2015.
The program was set to expire at the end of this year.
FHFA determined that...
Fixed-mortgage rates inched down for the second consecutive week, aligning with weak employment reports, Freddie Mac said in its latest Primary Mortgage Market Survey.
"Mortgage rates fell further this week following a lackluster employment report for March. The...
The Federal Housing Administration may tap up to $943 million in taxpayer bailout funds, according to the White House and the Federal Housing Administration.
This would be the first such injection in the history of the FHA.
FHA Commissioner Carol Galante said in a...
Both the Treasury and the Consumer Financial Protection Bureau appear to have more 'spending flexibility' based on President Obama’s 2014 budget proposal.
Still, the CFPB has already said it's unlikely to spend up to the new capped limit for fiscal 2014...
Mortgage origination volumes held up in the first quarter despite predictions of a 20% to 25% drop-off last week, according to a preliminary forecast for the period.
Paul Miller, managing director with FBR Capital Markets, said total industry sales to Fannie Mae...
Mortgage applications escalated 4% for the week ending April 5, recovering from a drop last week, the Mortgage Bankers Association said. ...
Mortgage applications escalated 4% for the week ending April 5, recovering from a drop last week, the Mortgage Bankers Association said. ...
A new survey of bank risk professionals shows the originations space warming to the idea of expanding home lending.
Approximately 70% of the professionals surveyed feel home prices are rising at a sustainable pace, reaffirming that the housing recovery is real.
FICO...
A new survey of bank risk professionals shows the originations space warming to the idea of expanding home lending.
Approximately 70% of the professionals surveyed feel home prices are rising at a sustainable pace, reaffirming that the housing recovery is real.
FICO...
Nearly 470,000 Fannie Mae and Freddie Mac mortgages refinanced in January, with roughly 97,600 completed through the Home Affordable Refinance Program, signaling that volumes remained high through the first month of the year.
Since the program’s launch in...
Four years after the financial crisis, Federal Reserve Chairman Ben Bernanke says the economy and the nation's banks are in a much stronger position thanks to government intervention and a series of confidence-building stress tests.
Bernanke made these statements at the...
Four years after the financial crisis, Federal Reserve Chairman Ben Bernanke says the economy and the nation's banks are in a much stronger position thanks to government intervention and a series of confidence-building stress tests.
Bernanke made these statements at the...
Laurie Maggiano, director of policy for the Treasury's Homeownership Preservation Office, told attendees at the REOMAC 2013 Summit & Expo that, while the housing crisis is in full recovery, consumers continue to lack confidence.
Maggiano...
Laurie Maggiano, director of policy for the Treasury's Homeownership Preservation Office, told attendees at the REOMAC 2013 Summit & Expo that, while the housing crisis is in full recovery, consumers continue to lack confidence.
Maggiano...