A number of the top mortgage lending financial institutions are finding increasing success in reaching potential homebuyers via their Internet websites, but theyre not satisfied there. Some are stepping up...
Private mortgage insurers continued paying MI premiums to captive reinsurance entities sponsored by mortgage lenders in 2010, but the payment flow declined further in a business arrangement that is gradually winding down. A new Inside Mortgage Trends analysis of annual private MI regulatory filings reveals... [Includes one data chart and one graph]
Top mortgage banking operations reported a significant downturn in production-related earnings during the fourth quarter of 2010, but the aggregate results mostly reflected severe buyback expenses at one of the industrys largest lenders. A new Inside Mortgage Trends analysis of earnings reports from nine mortgage lenders found...[Includes one data chart and one graph]
Banks reported a huge 41 percent drop in the volume of mortgage repurchases and indemnifications made during the fourth quarter of 2010, but most major institutions say the problem isnt over yet. A new Inside Mortgage Trends analysis of call report data reveals that banks repurchased...[Includes three data charts]
Fannie Mae, Freddie Mac and the Federal Home Loan Banks all recorded significant declines in new debt issuance during 2010. The GSEs collectively issued $3.454 trillion in new debt during 2010, a decline of 25.3 percent from the previous year. New issuance effectively just replaced...[Includes one data chart]
Mortgage banking continued to be very profitable for most of the hundreds of banks involved in the industry in 2010, but earnings fell significantly from the previous year, according to a new ranking and analysis by Inside Mortgage Trends. Newly released call report data show...[Includes one data chart and one graph]