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The sky is not completely falling at mortgage servicing shops across the United States, despite a new report from the National Mortgage Monitor, which shows some of the nation’s top five servicers failing to meet loan modification documentation timelines and single-...
The sky is not completely falling at mortgage servicing shops across the United States, despite a new report from the National Mortgage Monitor, which shows some of the nation’s top five servicers failing to meet loan modification documentation timelines and single-...
Freddie Mac and Fannie Mae have two separate automated underwriting systems, which are the primary tools used to establish the credit standards for the enterprises.
Mortgage lenders use Fannie Mae’s Desktop Underwriter or Freddie Mac’s Loan Prospector to...
Freddie Mac and Fannie Mae have two separate automated underwriting systems, which are the primary tools used to establish the credit standards for the enterprises.
Mortgage lenders use Fannie Mae’s Desktop Underwriter or Freddie Mac’s Loan Prospector to...
The trend of rising home prices continues and is expected to carry on, but don't expect double-digit gains as a norm, analysts say.
April home prices rose 12.1%, the 14th consecutive month of year-over-year increases, according to the latest CoreLogic Home Price Index. This is the largest...
The trend of rising home prices continues and is expected to carry on, but don't expect double-digit gains as a norm, analysts say.
April home prices rose 12.1%, the 14th consecutive month of year-over-year increases, according to the latest CoreLogic Home Price Index. This is the largest...
The year 2013 has marked a turning point for residential mortgage-backed securities in many ways.
For starters, new issue RMBS activity is at its highest point since 2007, according to Standard & Poor’s latest report.
Additionally, strong year-over-year...
The year 2013 has marked a turning point for residential mortgage-backed securities in many ways.
For starters, new issue RMBS activity is at its highest point since 2007, according to Standard & Poor’s latest report.
Additionally, strong year-over-year...
Recent mortgage servicing compliance tests resulted in five test fails among the nation's top mortgage servicers, including Bank of America, JP Morgan Chase, Citi and Wells Fargo, according to a new report from Joseph Smith,...
Recent mortgage servicing compliance tests resulted in five test fails among the nation's top mortgage servicers, including Bank of America, JP Morgan Chase, Citi and Wells Fargo, according to a new report from Joseph Smith,...
Mortgage applications reversed directions, falling 3.3% for the week ending June 14, the Mortgage Bankers Association said Wednesday.
Both the refinance and purchase index fell 3%, after each rose 5% a week earlier, the trade group said.
Overall, the refinance...
Parties who acquire residential rental properties via a foreclosure or deed in lieu of foreclosure in Chicago are now required to provide an option to renew the lease or offer relocation assistance to a "qualified tenant." This is according to a new city ordinance that is reshaping tenant's...
Parties who acquire residential rental properties via a foreclosure or deed in lieu of foreclosure in Chicago are now required to provide an option to renew the lease or offer relocation assistance to a "qualified tenant." This is according to a new city ordinance that is reshaping tenant's...
The qualified mortgage rule's full impact on home lending remains somewhat of a mystery, but lawmakers and industry professionals debated the rule's potential influence on the home lending market during a House Subcommittee hearing Tuesday.
Industry experts testified in front of the...
The qualified mortgage rule's full impact on home lending remains somewhat of a mystery, but lawmakers and industry professionals debated the rule's potential influence on the home lending market during a House Subcommittee hearing Tuesday.
Industry experts testified in front of the...