Gruenberg And Hoenig Officially Designated To Run FDIC
Martin J. Gruenberg and Thomas M. Hoenig have been officially designated by President Obama as the new chairman and vice-chairman of the Federal...
MGIC Settles Suit Brought By New Mothers
A federal judge in Pittsburgh has approved a class action settlement brought by 20 women who claimed they were denied mortgage insurance because...
FHFA: Maximum Conforming Loan Limits To Remain Unchanged
The Federal Housing Finance Agency (FHFA) has announced that the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac...
Dec. 6 Webinar To Examine Loan Originator Recruitment
White Plains, N.Y.-based Guaranteed Home Mortgage Co. Inc. is hosting a free webinar on Dec. 6 on how to recruit and retain loan...
NAR: Pending Home Sales Up In October
The National Association of Realtors (NAR) Pending Home Sales Index (PHSI) increased 5.2% to 104.8 in October from an upwardly revised 99.6 in...
Census Bureau: More Adults Living In Shared Households
If you're looking for tomorrow's homeowners, you may need to be patient. According to new data from the U.S. Census Bureau, 17.9% of...
ABA To Washington: Withdraw Basel III Proposals
The American Bankers Association (ABA) has urged the withdrawal of the proposed Basel III capital rules. In testimony before the House Financial Services...
SEC Drops Probe Of Wells Fargo
The U.S. Securities and Exchange Commission (SEC) has ended its inquiry into allegations of possible fraud connected to Wells Fargo's mortgage-backed securities (MBS)....
Stewart Title Featured On ‘Extreme Makover: Home Edition’
Move over, Frosty and Rudolph - Stewart Title Guaranty Co. is joining the line up of holiday season television heroes. The Houston-based company...
Prospect Names Former Fannie Mae CEO Board Chairman
Sherman Oaks, Calif.-based Prospect Mortgage LLC has appointed Michael J. Williams, the former president and CEO of Fannie Mae, as chairman of its...
NCPC Debuts Mortgage Fraud PSA Campaign
The National Crime Prevention Council (NCPC), with funding from the U.S. Department of Justice, has produced new radio public service announcements (PSAs) to...
California Reigns With Priciest Metro Housing Markets
The five most expensive metro housing markets are all in California, according to Coldwell Banker Real Estate LLC's 2012 Home Listing Report. However,...
Fannie Mae: Most Americans Don’t Understand Mortgage Choices
When it comes to mortgage shopping, it appears that many Americans use the same strategy as the Black Friday bargain hunters: run right...
Single-Family Home Sales Slightly Down In October
Sales of new single-family houses in October were at a seasonally adjusted annual rate of 368,000, according to estimates released jointly by the...
Hensarling To Become Financial Services Committee Chairman
Rep. Jeb Hensarling, R-Texas, has been tapped to become the next chairman of the House Financial Services Committee. The Dallas Morning News reports...
CFPB Seeks To Stop Lawsuit On Cordray Appointment
The Consumer Financial Protection Bureau (CFPB) is joining the U.S. Department of Justice (DOJ) in seeking the dismissal of a lawsuit that challenges...
Atlanta Fed Chief Issues Warning On Cybersecurity
The head of the Federal Reserve Bank is warning that the rising number of cybersecurity attacks is creating a major risk for financial...
Dueling Home Price Indexes Report Positive September Data
Two rival home price index reports have shared the same good news: home prices were up in September. September saw the sixth consecutive...
FHLBank Atlanta Awards $13.6M In AHP Funds
The Federal Home Loan Bank of Atlanta (FHLBank Atlanta) has announced that it will award $13.6 million to assist in the funding of...
UBS Seeks To Halt FHFA Lawsuit
UBS AG has returned to court to block an effort by the Federal Housing Finance Agency (FHFA) to file a lawsuit related to...