Biggest Risk in Rehabbed RMBS? Loan Mods
Borrowers who have defaulted in the past are generally considered to be a bigger risk than those who have never missed a payment....
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Borrowers who have defaulted in the past are generally considered to be a bigger risk than those who have never missed a payment....
Read MoreUnder the Federal Housing Finance Agency's new mortgage modification program, less than 1% of all seriously underwater properties might qualify for principal loan...
Read MoreFannie Mae will make a $919 million dividend payment to the U.S. Treasury Department after reporting a first-quarter profit driven by fees for...
Read MorePHH Corp. reported a first-quarter loss of $30 million, which included a $10 million pretax adjustment to the value of its mortgage servicing...
Read MoreFannie Mae’s Desktop Underwriter (DU) Version 10.1 kicks in June 25th, and has several changes that will significantly impact borrowers’ loan approvals. One...
Read MoreNew rules have made it more challenging to originate mortgages without drawing attention from regulators. Mercantile Bank in Michigan, however, believes that positive...
Read MoreSocial Finance Inc., whose loan originations have been concentrated in the non-qualified mortgage space, will now offer conforming products after receiving Fannie Mae...
Read MoreNationstar Mortgage Holdings reported a $132.4 million loss for the first quarter of 2016, showcasing once more the toll falling interest rates have...
Read MoreThe Federal Housing Finance Agency announced Wednesday it had raised a cap on the amount of multifamily loans Fannie Mae and Freddie Mac...
Read MoreFreddie Mac's second quarterly loss in less than a year makes it clear profitability is getting tougher as it shrinks. But it's a...
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