News

Articles in "Lending"

May 20, 2013 12:03 AM
Monday Morning Cup of Coffee: Investors keep sights on real estate

Monday Morning Cup of Coffee is a quick look at the news coming across the HousingWire weekend desk, with more coverage to come on bigger issues.

The investor frenzy in real estate continues with Atlanta-based private equity firm Hibernian...

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May 17, 2013 04:44 PM
Reverse mortgage legislation approved by Texas House

The Texas House of Representatives approved legislation that would reverse mortgage lending in Texas. 

Supported by consumer groups, the House approved Senate Joint Resolution 18 by a 139-1 vote. Before it can become a law, the legislation will...

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May 17, 2013 11:09 AM
Flagstar CEO steps down, moves to his old position

Lender Flagstar Bancorp ($13.41 0%) announced an executive shake-up this week.

The Michigan-based firm reported that its current CEO...

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May 17, 2013 09:37 AM
FHFA director nomination may be pushed to back burner

The IRS scandal brewing in Washington D.C. may prompt Senate Republicans to put Rep. Mel Watt’s nomination to lead the FHFA on the back burner for now, analysts with Compass Point Research & Trading said this week.

The firm, which follows housing and...

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May 16, 2013 03:57 PM
FHA offers remedies for HECM program headache

Members of the House Financial Services Committee listened with an attentive ear to proposed cures for the Federal Housing Administration’s biggest headache: the reverse mortgage program.

As it stands now, the FHA may have to seek a first-time...

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May 16, 2013 04:21 PM
FHA offers remedies for HECM program headache

Members of the House Financial Services Committee listened with an attentive ear to proposed cures for the Federal Housing Administration’s biggest headache: the reverse mortgage program.

As it stands now, the FHA may have to seek a first-time...

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May 16, 2013 01:08 PM
FHA offers remedies for HECM program headache

Members of the House Financial Services Committee listened with an attentive ear to proposed cures for the Federal Housing Administration’s biggest headache: the reverse mortgage program.

As it stands now, the FHA may have to seek a first-time...

Read More
May 16, 2013 08:58 AM
Fixed-mortgage rates inch higher: Freddie Mac

Fixed-mortgage rates inched higher for the second consecutive week amid signs of stronger consumer spending, Freddie Mac said in a report Thursday.

The 30-year, fixed-rate mortgage came in at 3.51%, up from 3.42% last week, but down from 3.79% last year, Freddie noted in...

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May 16, 2013 08:55 AM
Fixed-mortgage rates inch higher: Freddie Mac

Fixed-mortgage rates inched higher for the second consecutive week amid signs of stronger consumer spending, Freddie Mac said in a report Thursday.

The 30-year, fixed-rate mortgage came in at 3.51%, up from 3.42% last week, but down from 3.79% last year, Freddie noted in...

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May 15, 2013 12:18 PM
Title II misses Dodd-Frank's too-big-to-fail goals

A provision of Dodd-Frank designed to protect taxpayers from future bank bailouts caused a stir on Capitol Hill Wednesday.

Title II of the Dodd-Frank Act has analysts wondering if procedures designed to deal with troubled financial firms will be ineffective in curtailing excessive risk...

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May 15, 2013 11:12 AM
Title II misses Dodd-Frank's too-big-to-fail goals

A provision of Dodd-Frank designed to protect taxpayers from future bank bailouts caused a stir on Capitol Hill Wednesday.

Title II of the Dodd-Frank Act has analysts wondering if procedures designed to deal with troubled financial firms will be ineffective in curtailing excessive risk...

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May 15, 2013 06:00 AM
Mortgage applications retreat after steady climb

Mortgage applications retreated this past week as refinancing and home purchase filings slowed.

The volume fell 7.3% from a week earlier when analyzing the survey period...

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May 15, 2013 07:20 AM
DeMarco: FHLBanks should grow involvement in secondary market

As the debate on housing finance reform moves forward, more attention will be paid to the activities of the Federal Home Loan Banks, and how these institutions fit into the future...

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May 14, 2013 03:30 PM
DeMarco: FHLBanks should grow involvement in secondary market

As the debate on housing finance reform moves forward, more attention will be paid to the activities of the Federal Home Loan Banks, and how these institutions fit into the future...

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May 13, 2013 03:56 PM
Navy Federal Credit Union continues to roll with no-money-down mortgages

Navy Federal Credit Union continues to offer no-money-down mortgages in a market where the perceived risk alone is enough to cause risk-wary lenders to back away.

But Navy Federal, which first opened its doors to customers affiliated with the military in 1933, held strong...

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