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 'Portfolio'


From HW Magazine

Taking the foot off the accelerator

A look at what lies ahead for MSR transfers in 2015
Mortgage servicing rights will get bought and sold in 2015, but the volume won't reach the go-go days of 2012 or 2013, and the portfolios put out to market are expected to be smaller.
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$760 million Fannie Mae MSR portfolio hits market

Follows string of MSR sales
MountainView Servicing Group is overseeing the sale of a Fannie Mae mortgage-servicing right portfolio with a total unpaid principal balance of $759,526,511, which features a weighted average original FICO of 725 and 61% HARP servicing.
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mREITs perform even as the HW 30 falls

QE fears are in the past for now, but uncertainty lingers
Investors are confident that interest rates will not dramatically shift away from their current levels, a prediction that allowed mortgage real estate investment trusts on the HW 30 index to perform better than anticipated Monday.
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ResCap, Mountain Funding Enter Servicing Agreement

Mountain Funding, an investor in distressed real estate debt portfolios, entered into an agreement with GMAC-ResCap’s Business Capital Group to provide asset servicing and consulting advice for the real estate owned (REO) assets in their portfolio, a spokesman for GMAC said. ResCap, the fifth largest servicer in the nation, will continue to provide servicing for a portfolio of roughly 2.6m mortgage loans.
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National Asset Direct Picks Up $34 Million Distressed Mortgage Portfolio

National Asset Direct Inc., a purchaser of distressed residential assets and loans, said Wednesday afternoon that it had completed the purchase of a portfolio of approximately $34 million of seasoned sub-performing and non-performing first lien residential mortgages from an undisclosed top-tier bank. The company intends to service approximately 65 percent of this newly acquired portfolio through iServe, its wholly owned servicing subsidiary, it said in a press statement; officials did not specify where the remaining loans would be placed.
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