Homes in the Las Vegas area sold at the fastest pace for an April in seven years due, in large, to investor and cash buying...
Lender Flagstar Bancorp is reportedly considering the sale of $70 billion in mortgage servicing rights. Bloomberg reported on...
This Bloomberg article puts an interesting spin on the coming changes to deed-in-lieu for current, underwater borrowers at the government-sponsored enterprises.
Why Fannie Mae may is singled out in the headline, though, is anyone's guess.
Changes from the FHFA trickle down uniformly to both GSEs.
Questions remain, however, on whether or not the second-lien holder can block the kick.
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