Items Tagged with 'delinquent loans'


  • Americans haven’t been this good at paying their mortgages since 2000

    MBA report shows mortgage delinquency rate fell to 17-year low in second quarter
    Over the last few weeks, report after report after report after report all show the same thing – more Americans are paying the mortgages on time right now than at any time since the housing crisis, at least. Now, a new report from the Mortgage Bankers Association shows that the delinquency rate for mortgages just fell to its lowest level since 2000.
    Read More
  • Urban Institute: Selling NPLs to investors is working

    Four ways to improve sales
    Researchers from the Urban Institute are already on the record with their view that more pools of non-performing loans need to be sold to private investors, but a new article posted on the Urban Institute's Urban Wire blog on Housing and Housing Finance suggests that more steps need to be taken to ensure a mutually beneficial result for all parties involved in a non-performing loan sale.
    Read More
  • Freddie Mac sells off another $1.4 billion in non-performing loans

    Familiar buyer snaps up more than half of available loans
    Freddie Mac selected the winning bidders in its latest massive sale of non-performing loans, with one now-familiar buyer, Lone Star Funds, or more specifically the private-equity's trust, LSF9 Mortgage Holdings, accounting for more than half of the pool.
    Read More
  • Monday Morning Cup of Coffee: Fannie, Freddie crystal ball just got cloudier

    Plus, is it time to buy the big banks?
    There is a lot of debate surrounding the future or lack thereof of Fannie Mae and Freddie Mac, with opinions coming from the White House, Congress, trade groups, just to name a few. But predicting the future of the GSEs just got a little harder. Plus, is it time to buy the country's biggest banks? All that, and more, in your Monday Morning Cup of Coffee.
    Read More
  • Urban Institute: More non-performing loans should be sold to private investors

    New report shows private investors 'can do more for borrowers'
    While some prominent figures in the federal government, including Sen. Elizabeth Warren, D-Mass., and Rep. Mike Capuano, D-Mass, have loudly criticized the government’s practice of selling non-performing loans to private investors, a new report from the Urban Institute suggests that selling NPLs to the private sector is actually a good thing.
    Read More
  • Freddie Mac sells off $1.1 billion in non-performing loans

    Finds familiar buyer for pools of Wells Fargo-serviced loans
    Freddie Mac announced Tuesday that it sold off 5,311 seriously delinquent loans from its investment portfolio. The loans carry an unpaid principal balance of approximately $1.1 billion. The sale, which was initially announced last month, had five pools of loans being sold to several different buyers, including one that has become familiar in sales like these.
    Read More