News
Few, if any, borrowers strategically defaulted to take advantage of mortgage servicer relief under the $25 billion settlement struck in March, according to Fitch Ratings.
In fact, the percentage of current underwater borrowers moving to delinquent status, or the roll rate...
Few, if any, borrowers strategically defaulted to take advantage of mortgage servicer relief under the $25 billion settlement struck in March, according to Fitch Ratings.
In fact, the percentage of current underwater borrowers moving to delinquent status, or the roll rate...
Mortgage servicers started more foreclosures in May than a year ago, the first year-over-year increase since early 2011, according to Lender Processing Services ($32.88...
A look at stories across HousingWire's weekend desk, with more coverage to come on bigger issues:
The weekend was full of speculation as to the future of the housing market. Optimism was the mood of choice, with all signs pointing to a way out of this long-suffered slump.
...
[Update 1: Corrects TARP investment in Flagstar to $247 million]
Flagstar Bank ($13.69 0.33%) plans to originate...
The Obama administration's latest housing scorecard shows signs of stability filtering into the housing market, with home equity numbers rising 7.4% between the fourth quarter of 2011 and the first quarter of 2012.
The scorecard – which is compiled by the U.S. Department of...
The Obama administration's latest housing scorecard shows signs of stability filtering into the housing market, with home equity numbers rising 7.4% between the fourth quarter of 2011 and the first quarter of 2012.
The scorecard – which is compiled by the U.S. Department of...
Mortgage servicers started modifications on 70% of the second liens eligible for the Home Affordable Modification Program, but many are still left out, according to Treasury Department...
As a percentage, borrowers in the states least hit by the foreclosure process accepted more foreclosure reviews offered by federal regulators than those in states most impacted by the crisis, according to an analysis of government data.
The 14 largest mortgage servicers agreed to hire...
Nationstar Mortgage Holdings ($42.33 -0.64%) raised its bid last week to buy mortgage servicing rights from bankrupt Residential...
Nationstar Mortgage Holdings ($42.33 -0.64%) raised its bid last week to buy mortgage servicing rights from bankrupt Residential...
A significant amount of home equity lines of credit will reach the end of their draw period beginning in 2014, about the same time the Federal Reserve plans to end its downward pressure on interest rates.
The Office of the Comptroller of the Currency...
A significant amount of home equity lines of credit will reach the end of their draw period beginning in 2014, about the same time the Federal Reserve plans to end its downward pressure on interest rates.
The Office of the Comptroller of the Currency...
The Countrywide VIP Program wrote nearly 18,000 sweetheart mortgages to congressmen and policymakers at Fannie Mae, Freddie Mac and other federal agencies, according to a report released Thursday by the government oversight committee.
"...
The Countrywide VIP Program wrote nearly 18,000 sweetheart mortgages to congressmen and policymakers at Fannie Mae, Freddie Mac and other federal agencies, according to a report released Thursday by the government oversight committee.
"...