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
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Items Tagged with 'government shutdown'

ARTICLES

Housing market remains resilient during seasonal slowdown

November 14, 2013
Heading into the holiday season, the housing market is showing signs of stability during a selling season that's known for slowing down.
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Mortgage rates move higher on strong economic forecasts

Economic data, government reopening pushes up market confidence
November 7, 2013
Fixed mortgage rates moved higher for the first time in three weeks amid positive economic data out of the manufacturing and non-manufacturing sectors.
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BofA CEO: Housing market is fairly stable

November 6, 2013
Despite the government shutdown, Bank of America CEO Brian Moynihan said the housing market is fairly stable due to solid consumer spending stays and lower rates.
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Consumer confidence falls the most since Aug. 2011

October 29, 2013
Consumer confidence fell to its lowest level since August 2011 in October, as the government shutdown deflated any sense of optimism still lingering from the first part of the year.
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Monday Morning Cup of Coffee: Mega banks tap loan-loss reserves; MBA 100th kicks off

October 28, 2013
The nation's biggest banks are now paying a pretty penny to resolve legacy mortgage issues. And while those big banks deal with these challenges, thousands of mortgage professionals are ascending on Washington D.C., to participate in the MBA's 100th Annual Convention.
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Mortgage rates fall to four-month lows

Weak unemployment, federal freeze contribute to drop
October 24, 2013
Fixed mortgage rates spiraled down this week amid market speculation that the Federal Reserve will continue its bond-buying program in the months to come.
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Back to work: Housing agencies grapple with mortgage backlog

Shutdown gave smaller lenders opportunity to shine
October 17, 2013
With Federal Housing Administration and Department of Housing and Urban Development employees back at work, many now face the challenge of handling a significant backlog.
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Government strife is what the founders wanted: Whalen

October 17, 2013
The government shutdown was not a bad thing. It's what the forefathers envisioned for America, says Christopher Whalen, a banking industry veteran.
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Housing recovery took a minor hit during government shutdown

Fed tapering, rising debt ceiling slow market momentum
October 17, 2013
While the housing forecast remains stagnant, the contentious Congressional negotiations that led to a temporary raising of the debt ceiling are likely to have a longer-term impact on consumer confidence in the housing market.
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Mortgage rates inch higher amid government reopening

Government deal, debt ceiling bailout pushes rates up
October 17, 2013
Fixed mortgage rates crawled higher this week amid the federal budget deadline and debt ceiling debacle.
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