News
Ginnie Mae issued $29.2 billion in mortgage bonds in March, up roughly 21% from the same month last year.
Ginnie packages Federal Housing Administration and Veterans Affairs home loans into securities and guarantees timely payment of...
Ginnie Mae issued $29.2 billion in mortgage bonds in March, up roughly 21% from the same month last year.
Ginnie packages Federal Housing Administration and Veterans Affairs home loans into securities and guarantees timely payment of...
Any long-term REO-to-rental strategy will need to adopt extensive refurbishment plans in order to resell the assets. Further, much of the foreclosed property that financial institutions would look to bulk-sell is currently in need of repair.
Morgan Stanley...
Any long-term REO-to-rental strategy will need to adopt extensive refurbishment plans in order to resell the assets. Further, much of the foreclosed property that financial institutions would look to bulk-sell is currently in need of repair.
Morgan Stanley...
Wells Fargo CFO Timothy Sloan said the health of the housing market won’t be clear until “we look in the rearview mirror a few months from now,” but did say he felt it was getting a little better, in a televised interview on CNBC.
Credit quality for consumers is improving, which Sloan...
A federal consumer watchdog said Friday it would hold bank and nonbank firms accountable for outside service providers, including those in the mortgage industry.
The Consumer Financial Protection Bureau released the reminder to clarify that companies under its oversight...
A federal consumer watchdog said Friday it would hold bank and nonbank firms accountable for outside service providers, including those in the mortgage industry.
The Consumer Financial Protection Bureau released the reminder to clarify that companies under its oversight...
A federal consumer watchdog said Friday it would hold bank and nonbank firms accountable for outside service providers, including those in the mortgage industry.
The Consumer Financial Protection Bureau released the reminder to clarify that companies under its oversight...
A federal consumer watchdog said Friday it would hold bank and nonbank firms accountable for outside service providers, including those in the mortgage industry.
The Consumer Financial Protection Bureau released the reminder to clarify that companies under its oversight...
The nation's largest mortgage lenders Wells Fargo ($40.80 -0.04%) and JPMorgan Chase...
Consumer sentiment dipped slightly in a preliminary reading for April, according to a report released Friday.
The Thomson Reuters/University of Michigan index fell to 75.7 from 76.2 in a final March reading. That had...
Consumer sentiment dipped slightly in a preliminary reading for April, according to a report released Friday.
The Thomson Reuters/University of Michigan index fell to 75.7 from 76.2 in a final March reading. That had...
Wells Fargo ($40.80 -0.04%), the largest mortgage lender in the U.S., reported record earnings in the first quarter.
The San Francisco-...
JPMorgan Chase ($53.68 -0.43%) reported a $5.4 billion profit in the first quarter of 2012, or $1.31 per share, a 3.6% decline from a year...
The deep recession that hit Los Angeles and other parts of the U.S. four years ago is mostly tied to a deep fallout in the housing market, Federal Reserve Board Governor Sarah Bloom-Raskin said in a speech Thursday.
While speaking at the Federal Reserve Bank of...