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Appointment of Ed Golding to FHA Chief Raises Eyebrows on Capitol Hill

April 6, 2015
George Brooks
Moreover, it is unclear how much enforcement power Edward Golding can wield.
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Small to Medium-Sized Lenders Had Stellar 1Q. Can it Last?

April 6, 2015
Paul Muolo
The wholesale division of Premier Nationwide Lending had its best month of October 2013...
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Lenders Losing Their Appetite for the Ginnie Mae ‘Eagle’?

April 6, 2015
Paul Muolo
However, the late January 50 basis point reduction in FHA premiums should help.
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Nationstar Prevails in Court Case Over Disputed NPL Sales

April 6, 2015
Brandon Ivey
Truman Capital alleged that Nationstar backed out of the transaction after realizing that the sale price for the NPLs was lower than fair market value.
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Short Takes: Navy Fed Sets New Company Record for Originations / Keep, Don’t Sell / PennyMac Amends Servicing Facility / Fed Keeps Buying MBS, but Less Than Before / DBRS Adds Portfolio Advisors

April 6, 2015
Paul Muolo
The no-downpayment product from Navy Federal is called “HomeBuyer’s Choice,” and year-to-date the lender has funded $179 million in such loans…
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New Residential Buys HLSS Via Asset Purchase; Merger Kaput

April 6, 2015
Paul Muolo
The original merger agreement, unveiled in late February, was an all-cash deal valued at $1.3 billion.
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Reliability of a Lender’s Preapproval a Key Issue for Real Estate Agents

April 3, 2015
Brandon Ivey
One real estate agent said an unidentified lender offers preapproval letters to “anyone who walks in.”
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Fannie Mae Unveils Concrete Plans to Sell Nonperforming Loans; BofA Product?

April 3, 2015
Carisa Chappell
Fannie Mae indicated that this auction will be the kick-off to future sales.
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Mortgage and ABS Market Rebounded in First Quarter

April 3, 2015
John Bancroft
Fannie Mae, Freddie Mac and Ginnie Mae securitized $151.1 billion of refi loans during the first quarter, a 34.8 percent increase from the end of 2014.
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Banks and Thrifts Hold Just Under $1 Trillion of Second Liens

April 3, 2015
Brandon Ivey
The 90+ day delinquency rate on second liens was 0.27 percent at December 31, just about flat compared with the previous quarter.
Read More
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Latest Imf News

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Featured Data

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More Featured Data

Featured Reports

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More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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