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Mortgages with loan-to-value ratios of 95% and above experienced a refinancing spike in February, indicating that the Home Affordable Refinancing Program continues to gain traction, Ellie Mae said in its latest origination report.
Conventional refinances on homes with...
Mortgages with loan-to-value ratios of 95% and above experienced a refinancing spike in February, indicating that the Home Affordable Refinancing Program continues to gain traction, Ellie Mae said in its latest origination report.
Conventional refinances on homes with...
Mortgage applications slipped 7.1% for the week ending March 15, marking the second straight week of declines, an industry trade group said Wednesday.
The Mortgage Bankers Association reported fewer applications as home purchase and refinancing activity thawed.
The...
A discussion by housing analysts in front of the Senate Committee on Banking, Housing and Urban Affairs makes two things very clear: demand for private capital to fund more of the mortgage finance system is there, and the underlying issue that must be addressed is the market’s...
A discussion by housing analysts in front of the Senate Committee on Banking, Housing and Urban Affairs makes two things very clear: demand for private capital to fund more of the mortgage finance system is there, and the underlying issue that must be addressed is the market’s...
A new proposal to revamp the mortgage interest deduction created more confusion for the mortgage industry this past week.
Policymakers on both sides have been toying with the idea of enacting changes to the mortgage interest deduction as a means to cut the nation's growing federal deficit...
A new proposal to revamp the mortgage interest deduction created more confusion for the mortgage industry this past week.
Policymakers on both sides have been toying with the idea of enacting changes to the mortgage interest deduction as a means to cut the nation's growing federal deficit...
Citigroup will pay certain investors in previous bond and stock offerings $730 million in cash to resolve claims that the mega bank misrepresented financial risks from its exposure to mortgage-backed securities.
According to the plaintiff’s lawyers, BLB&G...
The fourth quarter of 2012 ended with another 200,000 underwater borrowers moving to a state of positive equity, meaning they no longer owe more on their mortgages than their homes are worth, CoreLogic...
Prominent state attorneys general are calling on Capitol Hill to remove Ed DeMarco, the acting director of the Federal Housing Finance Agency, urging for a new permanent director.
Attorneys general are pressing President Barack Obama to replace the FHFA head because they...
Prominent state attorneys general are calling on Capitol Hill to remove Ed DeMarco, the acting director of the Federal Housing Finance Agency, urging for a new permanent director.
Attorneys general are pressing President Barack Obama to replace the FHFA head because they...
HousingWire's Monday Morning Cup of Coffee takes a look at news from the weekend, with more coverage on bigger issues.
...The Federal Reserve rejected capital plans submitted for review by Ally Financial Inc. and BB&T Corp. on Thursday.
The banks plans were shot down after the Fed finalized its review of the firms' capital planning processes and reserves...
Entities created to safeguard the nation's financial system lack the tools needed to detect financial risks early on, a government watchdog group said Thursday.
The Treasury's Financial Stability Oversight Council (FSOC) was created after the 2008 market crash to study...
The Mortgage Bankers Association supports a proposed House Bill that, if enacted, would revamp how points and fees are calculated under the Dodd-Frank Act/Ability-to-Repay Rule.
The bill would allow more loans to qualify as QM mortgages under the ability to repay rule,...