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

Fannie, Freddie settlements eat into PNC earnings

Earnings barely move from 4Q13

Here are 5 bold mortgage predictions from KBW

Q1 mortgage volume predicted to be $20 billion lower

Items Tagged with 'HARP'


Fannie Mae releases HARP consumer solicitation materials

April 2, 2014
The materials invite consumers to reach out to the lenders for refinancing options and the opportunity of monthly savings.
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Scorecard: Housing still wears Great Recession scar

Officials still remain cautious
March 7, 2014
Although the housing economy posted strong results, with the purchase of new homes rising and foreclosure completions continuing to drop, officials still caution that the economy is still healing from the Great Recession.
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Originations, refinanceable population both go nose down

Black Knight's report details the why
March 4, 2014
Black Knight Financial Services' “Mortgage Monitor Report” observed a general decline in the overall “refinancible” population of both traditional and HARP-eligible borrowers, and a 60% decline in originations.
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Top 8 states for mortgage fraud

Here's where to find the most suspicious activities
February 11, 2014
Although suspicious activity in lending is down overall, mortgage fraud still remains a problem in certain areas across the country. Here is your warning if you live in one of these eight states.
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3 million refis and counting

The Home Affordable Refinance Program passes a milestone
February 10, 2014
Demand for the Home Affordable Refinance Program continued to trickle as mortgage rates climbed higher after June 2013. But just how much did this affect refinance volume in 2013?
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Find out who wants to force HARP 3.0

They want it, and they want it now for 12 million underwater Americans
February 5, 2014
An advocacy group wants HARP 3.0. They have their (virtual) pitchforks and they're (web) marching on the White House.
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Is Obama even going to talk about housing reform tonight?

Don't get your hopes up ...
January 28, 2014
Whenever President Obama gives a major speech – such as tonight’s State of the Union address – housing analysts wonder if this will be the year when the president finally puts housing and mortgage finance issues center stage, declaring bold and brave new initiatives on the housing front. But don't get your hopes up. It remains one of the more ignored issues of our time.
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Borrowers cash in on falling rates

Applications creep up to 46% in November
January 15, 2014
Refinance applications recorded a slight increase in November, rising to 46% from 45%, showing the industry that refi demand will always exist just at a lesser volume.
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HARP refinances fall amid rising rates

200,000 homeowners refinanced through HARP in 3Q
December 17, 2013
Total refinance volume, including refinances through the Home Affordable Refinance Program, dipped in the third quarter of 2013 as rising rates muffled growth.
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FHA policy transparency fuels Ginnie Mae modernization

Both originators and investors benefit from across-the-board upgrades
November 4, 2013
The ongoing push by the Federal Housing Administration toward additional transparency and data disclosure took another positive step toward the modernization of the Ginnie Mae sector, BofAML said.
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