FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google

Items Tagged with 'delinquent mortgage'


Fannie Mae picks non-profit for first small sale of non-performing loans

Completes first “Community Impact Pool” sale
Fannie Mae announced the winner of its first sale of non-performing loans as part of its “Community Impact Pool” program, which consists of smaller pools of non-performing loans and is designed to attract diverse participation by non-profits, small investors and minority- and women-owned businesses. Click here to read more.
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Freddie Mac selling $233 million pool of Ocwen-serviced loans

Non-performing loans are “deeply delinquent”
Freddie Mac announced Tuesday that it is preparing to auction off a $233 million pool of non-performing loans, which are serviced by Ocwen Financial, which said in December that it plans to exit agency servicing entirely. Is Freddie Mac done with Ocwen too?
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Fitch: GSE non-performing loan sales will help banks too

Fannie and Freddie sales could spur NPL market
The recent push by Fannie Mae and Freddie Mac to offload pools of non-performing loans could help more than just the GSEs, according to a new report from Fitch Ratings. The non-performing loan market could be poised for a surge.
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Starwood Waypoint just grew its non-performing loan holdings

REIT purchased $268.3 million in NPLs in third quarter
"We were able to execute a complex transaction for the purchase of a unique portfolio which involved collapsing the seller’s securitization, paying off two mezzanine notes and partially paying down the seller’s debt facility," Brendan Brogan, senior vice president of acquisitions at Starwood Capital, said.
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Default mortgage demand heats up

Hedge funds surge as delinquent loan sales rise
Sales of delinquent mortgages are increasing as lenders are rushing to meet demand from hedge funds and private-equity firms, causing prices to surge.
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