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Residential construction jobs faced a 41% drop between 2006 and 2011. With homebuilding predicted to return to normal by 2016, housing starts may double over the next four years, Fannie Mae said.
This return to normalcy also implies an improvement in residential...
Residential construction jobs faced a 41% drop between 2006 and 2011. With homebuilding predicted to return to normal by 2016, housing starts may double over the next four years, Fannie Mae said.
This return to normalcy also implies an improvement in residential...
Both government-sponsored enterprises and Ginnie Mae addressed their biggest critics Monday: the consumers.
All three firms insist they have effectively tackled issues such as purchase uncertainty, merging security pools and the single-securitization platform.
The...
Both government-sponsored enterprises and Ginnie Mae addressed their biggest critics Monday: the consumers.
All three firms insist they have effectively tackled issues such as purchase uncertainty, merging security pools and the single-securitization platform.
The...
Preventing Fannie Mae and Freddie Mac from purchasing mortgages outside the parameters of the ability-to-repay rule will further constrict lending to non-traditional borrowers and rural areas, the National Association of Federal Credit Unions...
Preventing Fannie Mae and Freddie Mac from purchasing mortgages outside the parameters of the ability-to-repay rule will further constrict lending to non-traditional borrowers and rural areas, the National Association of Federal Credit Unions...
The California Homeowner Bill of Rights is slowing the movement of distressed properties in the West Coast state, Lender Processing Services said in a report.
HBOR is one of the more aggressive state-based pieces of legislation drafted in response to the...
[Update 1: Adds Mortgage Settlement Monitor's comments]
New York Attorney General Eric Schneiderman announced Monday his intentions to sue Bank of America and Wells Fargofor...
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...
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...
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...
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...
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...
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...
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...