In a newly published paper, Robert Hockett proposes using government's eminent domain authority as a solution to underwater mortgage debt.
Read More »Fannie Mae Book of Business Grows Despite Drop in Mortgage Portfolio
Fannie Mae's total book of business grew slightly in April, though its mortgage portfolio saw another sizable dip.
Read More »Administration Announces Extension on Making Home Affordable
Treasury Secretary Jack Lew announced Thursday that Treasury is extending the Making Home Affordable Program for another two years. The new expiration date is now set for December 31, 2015.
Read More »Business Continues to Slip at Freddie Mac
Freddie Mac's total mortgage portfolio continued to shrink in February, contracting at an annualized rate of 4.1 percent.
Read More »Investor Sues Nationstar for Auctioning Off Loans
A major investor in residential mortgage-backed security trusts filed a complaint against Nationstar over its selling of non-performing loans backing securities.
Read More »Freddie Mac Reports Recovery in Secondary Market Activity
According to Freddie Mac's Monthly Volume Summary for January, the GSE's portfolio contracted at an annualized rate of 4.8 percent to start 2013.
Read More »Fannie Mae Sees Pickup in New Business
Fannie Mae's total Book of Business shrank 1.8 percent in January, falling to $3.186 trillion from December's $3.190 trillion.
Read More »CFPB Releases Servicing Guidelines
A week after releasing its "qualified mortgage" guidelines, the CFPB is issuing more rules designed to clean up servicing practices.
Read More »Report Examines Abusive Practices, Offers Reform Ideas
A new report from the Center for Responsible Lending asserts that the mortgage industry still has a long way to go before it's out of the woods.
Read More »eLynx Enables Electronic Signatures on IRS Verification Form
Cincinnati-based eLynx announced its compliance with all guidelines for obtaining electronic signatures on Form 4506-T, Request for Transcript of Tax Return.
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