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Biden's pick to lead HUD is Ohio Congresswoman Marcia Fudge

National Mortgage
Mortgage Finance
5 years ago

President-elect Joe Biden has selected Ohio Representative Marcia Fudge to lead the Department of Housing and Urban Development, according to,.. Read More;

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Ginnie Mae MBS issuance plateaus near a record high in November

National Mortgage
Mortgage Finance
5 years ago

Issuance of mortgage-backed securities insured by Ginnie Mae inched down to $76.2 billion in November, but remained close to its,.. Read More;

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Will CMBS litigation be the new RMBS litigation?

National Mortgage
Mortgage Finance
5 years ago

Residential mortgage-backed securities offerings prior to 2008 gave rise to an abundance of litigation, some of which continues to this,.. Read More;

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Credit availability expanded for second month in a row: MBA

National Mortgage
Mortgage Finance
5 years ago

Lenders loosened their mortgage credit standards for the second month in a row in November because of strong housing demand,.. Read More;

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Seattle-area home sales slow down, but crunch intensifies for buyers

National Mortgage
Mortgage Finance
5 years ago

Despite an unpredictable year, one degree of normalcy has returned to Seattle-area home sales: In a dip typical of the,.. Read More;

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Retaining existing mortgage customers remains a struggle: Black Knight

National Mortgage
Mortgage Finance
5 years ago

Average retention rates for refinances dropped to 18% in the third quarter, down from an upwardly revised 20% the previous,.. Read More;

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Forbearance rate holds after two weeks of growth

National Mortgage
Mortgage Finance
5 years ago

After two weeks of increases, the number of mortgages in coronavirus-related forbearance stayed static between Nov. 23 and 29, according,.. Read More;

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Mr. Cooper, U.S. Bank & PNC settle claims regarding bankrupt borrowers

National Mortgage
Mortgage Finance
5 years ago

On the same day that Mr. Cooper announced it settled allegations over its servicing practices, it and two other lenders,.. Read More;

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CoreVest pools more aging homes into next SFR pool

National Mortgage
Mortgage Finance
5 years ago

CoreVest American Finance’s fourth multiborrower securitization of single-family rentals this year includes a pool of homes with nearly twice the,.. Read More;

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Mr. Cooper to pay $91 million to settle CFPBs servicing case

National Mortgage
Mortgage Finance
5 years ago

Mr. Cooper agreed to pay out over $91 million to consumers and state and federal regulators in order to settle,.. Read More;

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Honolulu home sales stay strong as buyers bid up prices

National Mortgage
Mortgage Finance
5 years ago

Strong demand by buyers bidding above asking price helped push up the median resale price of single-family homes on Oahu,.. Read More;

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Home buying sentiment may have 'peaked for now'

National Mortgage
Mortgage Finance
5 years ago

Employment concerns and the pandemic's many ongoing obstacles for home buying wore down consumer confidence in November, according to Fannie,.. Read More;

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