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Record senior equity shifts to heirs, not the open market

National Mortgage
Mortgage Finance
2 weeks ago

The ever-growing amount of equity seniors hold in their current homes is likely contributing to another phenomenon, as more owners,.. Read More;

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Onity's earnings estimates improve despite servicing loss

National Mortgage
Mortgage Finance
2 weeks ago

Mortgage servicer and originator Onity Group reported a range of earnings estimates for net income to common shareholders that were,.. Read More;

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HUD orders citizenship checks for tenants in funded housing

National Mortgage
Mortgage Finance
2 weeks ago

The Department of Housing and Urban Development is ordering citizenship checks for tenants in HUD-funded housing, part of its work,.. Read More;

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Ginnie Mae speeds up loan-level MBS overhaul

National Mortgage
Mortgage Finance
2 weeks ago

Long-standing plans at Ginnie Mae to enable loan-level servicing transfers in its mortgage-backed securities could move faster this year under,.. Read More;

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Treasury curve sends conflicting signals pre-Fed

National Mortgage
Mortgage Finance
2 weeks ago

Treasuries opened with bids this morning in what looks like a continuation of the recoveries which began last Tuesday for,.. Read More;

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UAD 3.6 is live, but many lenders aren't ready

National Mortgage
Mortgage Finance
2 weeks ago

UAD 3.6, a sweeping overhaul of how residential appraisals are reported to Fannie Mae and Freddie Mac, becomes available to,.. Read More;

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TCPA class action complaints hit more mortgage lenders

National Mortgage
Mortgage Finance
2 weeks ago

Small brokerages and big lenders are facing more lawsuits over annoying phone calls and text messages, in cases that could,.. Read More;

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Prepayments jump as lower rates spur December refi surge

National Mortgage
Mortgage Finance
2 weeks ago

Late-year interest rates drove mortgage prepayment speeds back upward in December, as homeowners sought to capitalize through refinances, according to,.. Read More;

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Trump's JPM lawsuit unlikely to succeed, experts say

National Mortgage
Mortgage Finance
2 weeks ago

What's at Stake: The lawsuit accuses JPMorganChase of trade libel and breach of good faith, claiming CEO Jamie Dimon violated,.. Read More;

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Morgan Stanley's non-QM RMBS raises $397.5 million

National Mortgage
Mortgage Finance
2 weeks ago

Morgan Stanley's latest non-prime residential mortgage-backed securities (RMBS) will raise $397.5 million through the Morgan Stanley Residential Mortgage Loan Trust,,.. Read More;

post

Trump pulls back from 401(k) use for down payments

National Mortgage
Mortgage Finance
2 weeks ago

President Trump is said to have expressed reluctance to back penalty-free use of tax-advantaged 401(k) funds for down payments as,.. Read More;

post

Treasury yields wobble as technical gaps come into play

National Mortgage
Mortgage Finance
2 weeks ago

Nothing of any great importance came out of yesterday's 10:00 numbers; Personal Income was slightly lower than expected but everything,.. Read More;

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