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The economy is benefiting from a modest housing recovery even though federal fiscal policy remains a significant headwind to growth, Federal Reserve Chairman Ben Bernanke told reporters Wednesday.
Bernanke spoke to the press after the release of the Federal Open Market Committee...
The economy is benefiting from a modest housing recovery even though federal fiscal policy remains a significant headwind to growth, Federal Reserve Chairman Ben Bernanke told reporters Wednesday.
Bernanke spoke to the press after the release of the Federal Open Market Committee...
Specialty finance firm Shellpoint Partners debuted on the private-label residential mortgage-backed securitization scene Wednesday, becoming one of a few issuers in this segment of the market.
Lewis...
Specialty finance firm Shellpoint Partners debuted on the private-label residential mortgage-backed securitization scene Wednesday, becoming one of a few issuers in this segment of the market.
Lewis...
The Federal Open Market Committeesaid the central bank plans to continue purchasing agency mortgage-backed securities to nuture the housing recovery while attempting to keep unemployment rates down.
The FOMC made that conclusion after members met this week and...
The Federal Open Market Committeesaid the central bank plans to continue purchasing agency mortgage-backed securities to nuture the housing recovery while attempting to keep unemployment rates down.
The FOMC made that conclusion after members met this week and...
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.
Home prices rose 12.1% in April, making it the 14th consecutive month of year-over-year increases, according to the latest CoreLogic Home Price Index. This...
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.
Home prices rose 12.1% in April, making it the 14th consecutive month of year-over-year increases, according to the latest CoreLogic Home Price Index. This...
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,...