Fannie Mae: Housing Recovery To Help Drive Economic Growth
The housing market's continued improvement is expected to contribute to GDP and support accelerated economic growth this year, according to Fannie Mae's Economic...
Watt Announces New Special Advisors At FHFA
Mel Watt, newly appointed director of the Federal Housing Finance Agency (FHFA), has appointed four special advisors to provide counsel on policy and...
Freddie Mac: Mortgage Rates Flat During First Full Week Of 2014
Mortgage rates held steady during the first full week of 2014, according to Freddie Mac's Primary Mortgage Market Survey. For the week ending...
FinCEN Hits JPMorgan With $461M Fine In Connection With Madoff Scheme
After agreeing earlier this week to pay nearly $2.6 billion to settle several civil suits alleging that it failed to report evidence of...
FNF Reorganizes Former LPS Into Black Knight Financial Services
Fidelity National Financial Inc. (FNF) has reorganized the former Lender Processing Services Inc. (LPS) businesses into a formation of a wholly owned subsidiary...
G-Fee Hike Postponement Gains Support From Realtors
The National Association of Realtors (NAR) says it supports the FHFA's recent decision to delay Fannie Mae and Freddie Mac increases on guarantee...
MBA: Mortgage Credit Availability Flat In December
Mortgage credit availability increased slightly in December, according to the Mortgage Bankers Association's (MBA) monthly Mortgage Credit Availability Index (MCAI). The MBA notes...
MIAC Buys Mortgage Delivery Specialists
Mortgage Industry Advisory Corp. (MIAC), a provider of software solutions to the mortgage industry, has announced the acquisition of Mortgage Delivery Specialists (MDS),...
CFPB Empowers Borrowers To Fight Lender, Servicer Misdeeds
As part of its campaign to educate the public on its new mortgage rules going into effect on Jan. 10, the Consumer Financial...
NAHB: Smaller Markets Leading The Housing Recovery
Fifty-six out of approximately 350 metro areas nationwide returned to or exceeded their last 'normal' levels of economic and housing activity in December,...
MBA: Mortgage Application Volume Up As 2014 Begins
Mortgage application volume increased 2.6% during the week ending Jan. 3, 2014, compared to the week prior, according to the Mortgage Bankers Association's...
JPMorgan To Pay Nearly $2.6B In Connection With Madoff Scheme
JPMorgan Chase will pay $1.7 billion to settle allegations that it failed to report evidence of disgraced financier Bernard Madoff's Ponzi scheme to...
Fannie Mae: Housing Market Sentiment Improves; Recovery Is On ‘Firm Footing’
Year-over-year gains in Americans' attitudes toward homeownership demonstrate that the housing recovery continues to move forward on firm footing, despite a drop in...
Greystone Provides First Freddie Mac Revolving Credit Facility In Senior Housing
Greystone, a New York-based provider of multifamily and healthcare mortgage loans, has closed on the first-ever Freddie Mac Revolving Credit Facility for the...
Lisa Binkley: New Regulations Will Create New Opportunities For Lenders
What a year of ups and downs it was for the mortgage industry. While most industry experts agree that 2013 was the year...
Freddie Mac Offers First Multifamily K Certificates Of 2014
Freddie Mac has announced a new offering of Structured Pass-Through Certificates (K Certificates) backed exclusively by fixed-rate multifamily mortgages with a seven-year term....
Clear Capital: In The Race To Recovery, Expect ‘Tortoises’ To Win
Home prices increased about 11.3% in 2013, according to Clear Capital's Home Data Index (HDI) Market Report. Home prices increased for 10 consecutive...
MountainView: $201M In Fannie MSRs Up For Bid
MountainView Servicing Group reports that it is facilitating the sale of more than $201 million in mortgage servicing rights (MSRs) going up for...
FHFA Recouped Nearly $8 Billion Through Settlements In 2013
The Federal Housing Finance Agency (FHFA), conservator of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, reports that it recovered nearly $8 billion...
Mortgage Rates Rise 0.8% Heading Into 2014
As was expected, mortgage rates continued to edge higher as 2013 came to close. According to Freddie Mac's weekly Primary Mortgage Market Survey,...