It’s believed that one of the “pieces” the new owner planned to spin off was Xome, a real estate vendor that works with consumers…

Alternatives to traditional appraisals are attracting increasing interest among U.S. mortgage market participants, which would potentially weaken the credit quality of new residential MBS, according to rating service analysts.

A few years back, Pinto and AEI unveiled a new mortgage product called the Wealth Building Home Loan, which was intended to provide an affordable mortgage option for low- and middle-income borrowers.

PHH’s common once traded as high as $28 a share, Ocwen $58 a share. Today they trade for $10.50 and $3.50, respectively…

Technology-based, or “fintech,” lenders are revolutionizing the mortgage-lending process with new, innovative ways of doing business, far from the more traditional methods of delivering loan products and financial services, according to a new study by the Federal Reserve Bank of New York. The study, “The Role of Technology in Mortgage Lending,” describes fintech lenders as “lenders that offer an application process that can be completed entirely online.” Fintech lenders have grown ...

Two years ago, Nationstar Mortgage subserviced just $22 billion in loans. Today the figure is...

Acting Ginnie Mae President Michael Bright: “If they don’t have money to make principal and interest payments to investors every 20th day of the month, then Ginnie MBS are in trouble.”

An estimated $1.148 trillion of home-purchase mortgages were originated in 2017, a 10.7 percent increase from the prior year.

First-time homebuyers – especially those who took out private mortgage insurance – played a huge role in financing home purchases last year, according to a new Inside Mortgage Finance ranking and analysis.

At last check, Fannie common was selling for $1.62 a share, Freddie $1.57.