Senate approves short sale tax break

Senate approves short sale tax break

Allows tax relief on 2014 short sales

Senate fails to pass Terrorism Risk Insurance Act

Housing groups "extremely disappointed" in "alarming failure"

Another regulator investigates Ocwen Financial

Ocwen’s terrible, horrible, no good, very bad year just got worse
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Items Tagged with 'EverBank'

ARTICLES

Here’s how lenders can help homebuyers get mortgages

43% of first-time homebuyers don’t understand mortgage lending
Brena Swanson
Even though many borrowers feel like they are left in the dark for the majority of the mortgage process, there are a lot of options and resources out there for them. Here are just several ways lenders said they reach out to help first-time homebuyers.
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HUD watchdog accuses EverBank of violating FHA short sale policies

Recommends bank should repay $1.57 million to HUD
Ben Lane
According to the report from the HUD-OIG, EverBank improperly determined whether borrowers were eligible to participate in the FHA’s preforeclosure sale program and as a result of those failings, the FHA insurance fund paid approximately $1.57 million in improper claims.
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Monday Morning Cup of Coffee: JPMorgan CEO tells all; Housing recovery divided

Thousands of homeowners receive pleasant financial surprise
Brena Swanson
JPMorgan Chase CEO shed more light on the tough year for the mega bank, and how much the past year truly impacted the bank. Meanwhile, the housing recovery tells a much different story depending on where in the country you are looking.
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Big banks give up on wholesale lending

But some regional players see a silver lining for their own firms
Kerri Ann Panchuk
Change is inevitable, and the wholesale lending space is definitely seeing a lot of it lately. But with bigger players like SunTrust moving out of broker lending, smaller players in the space are eager to find their footing.
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SunTrust Mortgage is exiting broker lending

Blames complexity of the current mortgage market
The changing mortgage landscape continues to impact large banks and lenders, with SunTrust Mortgage announcing plans to exit broker lending, effective Dec. 31, 2013.
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EverBank agreement means more modifications for distressed homeowners

Institution will pay $27M to over 32,000 borrowers
Christina Mlynski
EverBank Financial Corp. memorialized an agreement, requiring the institution to pay $27 million to more than 32,000 eligible homeowners impacted by unsafe and unsound mortgage servicing practices.
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EverBank to pay $37 million to mortgage customers

$6.3 million will also go to housing assistance groups
Megan Hopkins
EverBank has agreed to pay an estimated $37 million in cash payments to more than 32,000 eligible mortgage borrowers, the Office of the Comptroller of the Currency announced Friday.
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EverBank exits wholesale, will focus on other lending channels

EverBank announced it is ending its wholesale broker home lending business.
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EverBank latest RMBS deal reveals strong credit quality

Christina Mlynski
EverBank Financial Corp is keeping its word.The company told HousingWire after its first deal that it would become a regular issuer in the residential mortgage-backed securities...
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EXCLUSIVE: EverBank takes flight as regular 'jumbo' loan RMBS issuer

Christina Mlynski
EverBank Financial Corp [stock EVER][/stock] is not a newcomer to the private-label residential mortgage-backed securities market. The company has been originating these types of loans for...
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