News

May 6, 2013 10:34 AM
Nonagency RMBS investors remain cautious of credit ratings

The most common statement credit ratings agencies hear from investors regarding their appraisals is a lack of confidence in the firms' opinions on private-label residential mortgage-backed securities transactions. 

Nonetheless, credit ratings agencies say they're well aware investors...

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May 6, 2013 09:36 AM
FHFA to cherry pick loans Fannie, Freddie can purchase

The Federal Housing Finance Agency is pulling back on the loans that Fannie Mae and Freddie Mac can purchase, noting that beginning Jan. 10, 2014, the enterprises will no longer purchase a mortgage that is subject to the ability-to-repay rule if its not fully amortizing, has a...

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May 6, 2013 09:55 AM
Caliber Funding steps into the correspondent lending space

Mortgage lender Caliber Funding launched a correspondent lending channel, expanding its production capacity, the company announced at the Mortgage Bankers Association Secondary Market Conference & Expo on Sunday.

"The departure of several large...

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May 6, 2013 09:08 AM
Caliber Funding steps into the correspondent lending space

Mortgage lender Caliber Funding launched a correspondent lending channel, expanding its production capacity, the company announced at the Mortgage Bankers Association Secondary Market Conference & Expo on Sunday.

"The departure of several large...

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May 6, 2013 09:12 AM
Housing continues to take shape, various hurdles remain: MBA

With home sales on the rise, foreclosure inventory shrinking and the Mortgage Bankers Association Secondary Conference witnessing their largest amount of attendees to-date, all signs seem to point to a positive market recovery. 

However, the MBA cautioned on Monday...

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May 6, 2013 08:40 AM
Housing continues to take shape, various hurdles remain: MBA

With home sales on the rise, foreclosure inventory shrinking and the Mortgage Bankers Association Secondary Conference witnessing their largest amount of attendees to-date, all signs seem to point to a positive market recovery. 

However, the MBA cautioned on Monday...

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May 6, 2013 07:50 AM
Fewer than 1% of new loans troubled

For the first time since May of 2007, fewer than 1% of new loans are classified as ‘problem’ mortgages, according to a new report from Lender Processing Services.

The mortgage analytics firm paints a picture of fewer troubled loans and even says with new problem loans in...

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May 6, 2013 12:16 AM
Monday Morning Cup of Coffee: Reverse mortgage delinquencies surge

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.

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May 5, 2013 05:08 PM
Monday Morning Cup of Coffee: Reverse mortgage delinquencies surge

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.

...
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May 5, 2013 06:45 PM
Single-securitization platform prototype may be ready next year

Regulators took the stage at the Mortgage Banker Associations’ Secondary Market Conference Sunday, outlining the progress of the single-securitization...

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May 5, 2013 04:37 PM
Single-securitization platform prototype may be ready next year

Regulators took the stage at the Mortgage Banker Associations’ Secondary Market Conference Sunday, outlining the progress of the single-securitization...

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May 5, 2013 04:44 PM
Single-securitization platform prototype may be ready next year

Regulators took the stage at the Mortgage Banker Associations’ Secondary Market Conference Sunday, outlining the progress of the single-securitization...

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May 5, 2013 04:42 PM
Single-securitization platform prototype may be ready next year

Regulators took the stage at the Mortgage Banker Associations’ Secondary Market Conference Sunday, outlining the progress of the single-securitization...

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May 3, 2013 05:19 PM
More move-up buyers are 'going to Miami'

Home sales in Miami rose year-over-year for the 11th consecutive month in March. The March report from DataQuick also revealed sizeable increases in mid- to high-end activity and a record level of sales to investors and other absentee buyers.

Miami’s median...

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May 3, 2013 12:53 PM
Fed governor calls for link between capital, liquidity at mega banks

Regulators should impose higher capital and liquidity requirements on too-big-to fail banks by linking the two together, said Daniel Tarullo, a governor with the Federal Reserve

While there is a need for solid minimum requirements for both capital and liquidity,...

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