Revealed: BlackRock owns considerable stock in housing’s biggest players

Who wins the Super Bowl…of real estate?

Redfin deflates Patriots' homeowners

CFPB wants more mortgages in "underserved" areas

And here's how they will get it done

Items Tagged with 'LTV'


ditech to offer 97% LTV loans

Ready to participate in Fannie Mae program
Ben Lane
Ditech Mortgage Corp is expanding its lending options again. The company is now the latest lender to to jump on board with the 97% LTV programs announced by Fannie Mae and Freddie Mac earlier this month.
Read More

360 Mortgage offers Fannie Mae and Freddie Mac 97% LTV loans

Paves the way for other lenders
Brena Swanson
360 Mortgage announced it is supporting the Federal Housing Finance Agency's latest initiative to expand the credit box. The move makes 360 Mortgage one of the first pioneers to accept the GSEs' newest products to reach more first-time homeowners.
Read More

Freddie Mac launches Home Possible Advantage program with 97% LTV

Offers 3% down payments
Brena Swanson
Good news for first-time homebuyers — Freddie Mac will begin offering 97% loan-to-value products beginning March 23.
Read More

Fannie and Freddie officially approve 3% down payment mortgages

Key differences between both GSEs secondary products
Brena Swanson
It's here. Fannie Mae and Freddie Mac officially unveiled each of their 97% loan-to-value offerings for mortgages they securitize. And while both are working to expand the credit box for first-time homebuyers, there are key differences between what each one requires.
Read More

FHFA director announces changes to open Fannie, Freddie credit boxes

Clarifies lending liability in reps & warranties, increases LTV ratios
Trey Garrison
In a speech at the Mortgage Bankers Association Convention & Expo on Monday, Federal Housing Finance Agency Director Mel Watt announced a number of policy steps aimed at increasing mortgage credit availability.
Read More

San Francisco boasts highest credit risk spread

Each market wields its own risk
Brena Swanson
Every market bodes a different credit risk, and a new product from Collateral Analytics shows just how different each area can be. Coming in on top, San Francisco ranks as number one for the highest credit risk spread.
Read More

The great MSR sell-off continues

MountainView Servicing markets $2.1B in Fannie, Ginnie MSRs
Kerri Ann Panchuk
Advisory firm MountainView Servicing Group went public Wednesday to market two mortgage servicing rights portfolios valued at $2.1 billion.
Read More

CMBS ratings stabilize from the first quarter

Brena Swanson
"The majority of outstanding Fitch-rated investment grade classes maintained stable rating outlooks, while second-quarter downgrades declined over first quarter," said Fitch Ratings Managing Director Mary MacNeill.
Read More
Credit Access Improves

Mortgage lending eases in July

Lending standards loosen for the fifth consecutive month
Brena Swanson
Lenders are loosening their grip on strict lending standards, with the Mortgage Credit Availability Index showing signs of easing once again in July.
Read More

Mortgage lending loosens in June

Brena Swanson
Mortgage lending eased a bit in June, with credit becoming more widely available when compared to recent years, the Mortgage Bankers Association said.An uptick in jumbo,...
Read More