News
This week Ginnie Mae proposed a change to its general buyout policy.
A key component would be to allow partial payments to advance rather than reset the borrower’s delinquency status, according to Sarah...
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...
With settlements on representation and warranty violations in private-label residential mortgage-backed securitizations beginning to pick up momentum, investors are becoming more comfortable with pricing the potential recovery cash flow from a settlement or loan repurchase.
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With settlements on representation and warranty violations in private-label residential mortgage-backed securitizations beginning to pick up momentum, investors are becoming more comfortable with pricing the potential recovery cash flow from a settlement or loan repurchase.
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Lender Flagstar Bancorp ($13.36 0%) announced an executive shake-up this week.
The Michigan-based firm reported that its current CEO...
With inflation rates lingering just below 2% and unemployment still far away from the 6.5% goal, the Federal Reserve is set on buying more agency mortgage-backed securities and Treasurys past market projections, analysts claim.
However, when the time comes to begin...
With inflation rates lingering just below 2% and unemployment still far away from the 6.5% goal, the Federal Reserve is set on buying more agency mortgage-backed securities and Treasurys past market projections, analysts claim.
However, when the time comes to begin...
In a recent homebuilding note, Jay McCanless, an analyst for Sterne Agee, encourages investors to take advantage of the weakness created by national housing reports. The analyst recommends buying Meritage Homes, D.R. Horton and The...
In a recent homebuilding note, Jay McCanless, an analyst for Sterne Agee, encourages investors to take advantage of the weakness created by national housing reports. The analyst recommends buying Meritage Homes, D.R. Horton and The...
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...
The Federal Housing Finance Agency plans to sell 5% of the illiquid portion of its retained portfolio assets by the end of the year,...
The Federal Housing Finance Agency plans to sell 5% of the illiquid portion of its retained portfolio assets by the end of the year,...
Freddie Mac in its latest housing outlook made the claim that housing is the "juice" needed for the economic recovery to fully accelerate.
This is especially true when looking at the potential for building construction to spur economic...
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...
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...