Tag Archives: mortgage

The introduction of the TILA-RESPA Integrated Disclosure rule, or TRID, in October has led to utter chaos in the mortgage industry—or so some would have you believe.

Displaying 1-6 PM.JPGPeter Muriungi has been chosen as JPMorgan Chase’s new head of Mortgage Servicing to replace Mike Weinbach, who was named CEO of Chase’s Mortgage Banking division in December, the bank confirmed on Wednesday.

U.S. housing markets continue to show improvement, and much of that credit is due to consumers maintaining their mortgages and a better overall employment picture.

Ocwen Financial's mortgage servicing practices have been the center of much scrutiny among its customers but new data shows that this picture is slowly but surely changing.

The proposed regulation will require the GSEs to serve three underserved markets including manufactured housing, affordable housing preservation, and rural markets.

The Federal Housing Administration (FHA) revealed its loan limits for 2016, according to an announcement Wednesday. The FHA said that loan limits will increase in 188 counties from the 2015 limits, but all other counties will remain at their current level.

Zillow Group recently announced that the company has joined the Google Compare for Mortgages platform to offer consumers a heightened mortgage shopping experience.

The Federal Housing Finance Agency announced Tuesday that interest rates on conventional purchase-money mortgages fell even further below 4 percent in October.

Fannie Mae and Freddie Mac recently announced that the standard mortgage modification interest rate will be under 4 percent for the first time ever since the benchmark was established in January 2012.

The availability of mortgage credit to borrowers declined slightly in the second quarter of 2015, despite impactful federal efforts to expand the credit box.