News
About 27% of credit unions with less than $2 billion in assets that have a small mortgage operation would not qualify for exemption under the qualified mortgage rule, according to data from the National Association of Federal Credit Unions.
Under the QM rule, credit...
About 27% of credit unions with less than $2 billion in assets that have a small mortgage operation would not qualify for exemption under the qualified mortgage rule, according to data from the National Association of Federal Credit Unions.
Under the QM rule, credit...
A number of securitization trade groups sounded the alarm when Mortgage Resolution Partners entered into contracts with two additional municipalities to form the use of eminent domain programs.
Richmond, Calif. and North Las Vegas, NV. are now said to be seriously...
A number of securitization trade groups sounded the alarm when Mortgage Resolution Partners entered into contracts with two additional municipalities to form the use of eminent domain programs.
Richmond, Calif. and North Las Vegas, NV. are now said to be seriously...
Investors are beginning to notice the expectation that Nationstar Mortgage Holdings will post a significant improvement in servicing profitability over the next 12 to 18 months. The firm's mortgage originations platform isn't doing too bad, either.
Such servicing...
Investors are beginning to notice the expectation that Nationstar Mortgage Holdings will post a significant improvement in servicing profitability over the next 12 to 18 months. The firm's mortgage originations platform isn't doing too bad, either.
Such servicing...
Nearly two years ago, Standard & Poor's downgraded the U.S. credit rating from triple-A late Friday to double-A-plus — with a negative outlook.
Thanks in...
American confidence in the ability to buy and sell a home ascended sharply in May due to recently strong home price gains, according to the Fannie Mae latest report.
...
American confidence in the ability to buy and sell a home ascended sharply in May due to recently strong home price gains, according to the Fannie Mae latest report.
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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.
Almost inevitably, perhaps, reaction to...
Florida’s governor signed a much-discussed foreclosure bill Friday, enacting a series of provisions aimed at speeding up the default process in the state.
While the legislation is considered a response to Florida's untimely foreclosure timelines, it's a big shift that has attracted a...
Home prices could grow as high as 7.2% in 2013, JPMorgan Chase concluded in a new report.
Analysts with the bank claim prices are posting historically strong gains as the market moves into the more active summer season.
With high investor demand contributing...
Home prices could grow as high as 7.2% in 2013, JPMorgan Chase concluded in a new report.
Analysts with the bank claim prices are posting historically strong gains as the market moves into the more active summer season.
With high investor demand contributing...
The Obama Administration’s foreclosure mitigation programs continue to benefit millions of homeowners as the housing market gains momentum.
The Making Home Affordable Program has assisted more than 1.6 million homeowners since its inception in 2009, the Obama Administration said in its...
The Obama Administration’s foreclosure mitigation programs continue to benefit millions of homeowners as the housing market gains momentum.
The Making Home Affordable Program has assisted more than 1.6 million homeowners since its inception in 2009, the Obama Administration said in its...