News
An industry-wide focus on the rising popularity of short sales may give the impression that properties are being liquidated at a faster pace.
However, Morningstar’s Distressed Inventory Index shows a different story – the total rate of liquidation has actually decreased...
The momentum in the private-label mortgage-backed securities market has produced a solid tone for the sector, with the largest support coming from the subprime space.
Subprime securities continue to be the preferred sector for long-term home price appreciation and representation and...
The momentum in the private-label mortgage-backed securities market has produced a solid tone for the sector, with the largest support coming from the subprime space.
Subprime securities continue to be the preferred sector for long-term home price appreciation and representation and...
The delinquency rate for mortgages on one-to-four unit residential properties grew 16 basis points from the fourth quarter of 2012 to the first quarter of 2013 even as the nation’s foreclosure inventory rate dropped to 3.55%, the Mortgage Bankers Association said Thursday....
The rise in the guarantee fees charged by Fannie Mae is taking more of a profit share for the government-sponsored enterprise. The extent to which investors contribute to the Fannie Mae bottom line,...
The rise in the guarantee fees charged by Fannie Mae is taking more of a profit share for the government-sponsored enterprise. The extent to which investors contribute to the Fannie Mae bottom line,...
Fixed-mortgage rates reversed coursed and moved higher for the first time in six weeks amid April’s better than expected employment report, Freddie Mac said in a report Thursday.
The 30-year, fixed-rate mortgage came in at 3.42%, up from 3.35% last week, but down from 3....
Fixed-mortgage rates reversed coursed and moved higher for the first time in six weeks amid April’s better than expected employment report, Freddie Mac said in a report Thursday.
The 30-year, fixed-rate mortgage came in at 3.42%, up from 3.35% last week, but down from 3....
Mortgage finance giant Fannie Mae reported first-quarter pre-tax net income of $8.1 billion on Thursday morning, compared to $7.6 billion from the previous quarter, as a result of strong credit results driven by an improving housing market and the enterprise’s resolution...
Mortgage finance giant Fannie Mae reported first-quarter pre-tax net income of $8.1 billion on Thursday morning, compared to $7.6 billion from the previous quarter, as a result of strong credit results driven by an improving housing market and the enterprise’s resolution...
Specialty finance firm Shellpoint Partners says the U.S. Securities and Exchange Commission approved a registration filing that will allow the company to issue private-label residential mortgage-backed securities.
The step allows the firm to sell as much...
Specialty finance firm Shellpoint Partners says the U.S. Securities and Exchange Commission approved a registration filing that will allow the company to issue private-label residential mortgage-backed securities.
The step allows the firm to sell as much...
The first winning bidder for the Federal Housing Finance Agency REO pilot initiative, Pacifica Companies, picked BSI Financial Services to service two of its key securitizations.
As a private mortgage servicer, BSI will manage Pacifica's Real Estate...
The number of suspicious activity reports from banks citing possible loan fraud decreased by 29% last year, the first drop in 16 years.
Until 2012, mortgage loan fraud was the only suspicious activity report that increased every year, beginning in 1996. The past three years alone...
The number of suspicious activity reports from banks citing possible loan fraud decreased by 29% last year, the first drop in 16 years.
Until 2012, mortgage loan fraud was the only suspicious activity report that increased every year, beginning in 1996. The past three years alone...