To date, Fannie Mae's CAS program has resulted in the transfer of credit risk on single-family loans totaling more than a half trillion dollars. What enhancements did Fannie Mae make to the program?
Read More »Regulators Want Banks to Be Ready for a Crisis
Federal financial regulators on Tuesday proposed a rule that require the largest banks to be ready in case of another financial crisis. What are the agencies proposing that banks do to be ready?
Read More »Why the New PMI Reduction Will Reel in FHA Borrowers
The recent reduction in private mortgage insurance fees has made getting a mortgage loan a lot easier and may begin to pull high quality borrowers from the Federal Housing Administration.
Read More »Bad News for Walter Investment’s Origination, Servicing Segments
Walter Investment Managaement Corp., on Tuesday continued a trend observed among many non-bank servicers in the last year and the start of this year with a major loss to its first quarter earnings, particularly in its mortgage servicing and origination segments.
Read More »Home Prices Nearly Halfway Recovered From Bottom
Home prices continued to keep their rising pace in March 2016 and are up 40 percent from the bottom hit five years ago, CoreLogic reported in its Home Price Index and HPI Forecast.
Read More »Bank of America Places FHLBank Settlement in the Rearview
Bank of America announced this week that it has settled mortgage-related complaints with a Federal Home Loan Bank, the bank stated in a filing with the Securities and Exchange Commission.
Read More »Freddie Mac Dodges A Bailout Bullet
The good news from Freddie Mac’s Q1 2016 Financial Results: Freddie Mac will not need a draw on Treasury for the time being. Now the bad news: Freddie Mac reported a multi-million dollar net loss for the first quarter.
Read More »The CFPB’s Tough Month of April
Between attempts made by lawmakers to reform the Bureau to the PHH trial, the CFPB is probably glad to see April in the rear view mirror.
Read More »SFR Securitizations Continue on ‘Stable’ Path
What areas out of a class of 24 single-family rental securitizations performed well in March?
Read More »Is a Bubble Forming in Real Estate?
As home prices continue to surge upward, many in the industry are beginning to wonder if a housing bubble is imminent, or worse, if yet another financial crisis is in the making.
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