Bank of America: 'We provide all required MSR documents'

Bank of America: 'We provide all required MSR documents'

Responds to Ginnie Mae MSR transfer block

17% of homes with a mortgage seriously underwater

Share of underwaters continues slow decline

Here are 5 bold mortgage predictions from KBW

Q1 mortgage volume predicted to be $20 billion lower
W S

Items Tagged with 'mortgage finance'

ARTICLES

Not everyone expects big QM lending squeeze

Some borrowers miss out, but not every lender will suffer
January 6, 2014
First-time homebuyers, condo purchasers and investors are just a few of the consumer groups that could face difficulties in qualifying for mortgages in 2014.
Read More

Nonbank mortgage firms may return in 2014: S&P

Housing to remain key part of the recovery
January 2, 2014
The year 2014 is unlikely to put a damper on the U.S. housing recovery, although analysts with Standard & Poor’s are unable to completely diffuse fears of another recession.
Read More

Housing stocks rise as investors react to government deal

Sterne Agee analyst: It’s a short-term gain, risks lie ahead
October 17, 2013
The HW 30 – a composite of housing and mortgage finance stocks – rose Thursday as the government reopened, allowing agencies like the Federal Housing Administration to return to the business of handling FHA loans.
Read More

Treasury Secretary: Failure to raise debt ceiling will push up borrowing costs

October 10, 2013
Treasury Secretary Jack Lew warned members of the Senate Finance Committee about the economic consequences of failing to raise the U.S. debt limit during a Thursday hearing on Capitol Hill. One of the areas of possible concern is what will happen to borrowing activity in the mortgage sector.
Read More

Big banks face lending environment aftershock

Higher interest rates force institutions to cut mortgage business
September 11, 2013
Big banks are feeling the aftershock of the dynamic shift in the lending environment, with many of the heavy hitters pulling out of the mortgage finance space thanks to a critical drop in mortgage purchases and refinance volumes.
Read More

Is a 20% downpayment a life saver, a curse or just an arbitrary number?

September 6, 2013
Former Congressman Barney Frank is now retired from the U.S. House, but his aggressive legislative personality lives on, with fights still erupting over Dodd-Frank—the signature piece of mortgage finance legislation that Frank helped draft to reform the housing market and the entire U.S. economy.
Read More