Headlines and Blogs from Around the Web
BlackRock doesn’t see great returns ahead for bonds, but it sees a growing convergence between short- and long-term bond yields that will also help keep mortgage rates in check.
Federal Housing Finance Agency Director Mel Watt is focusing additional effort on capturing the significant proportion of eligible HARP refinances left. However, according to Compass Point Research & Trading, Watt might have more time to accomplish this feat.
Responses to Fannie Mae's National Housing Survey for June showed more marked changes in several categories than has been the case in recent months when data has been relatively flat.
A number of banks, including Bank of America and PNC Mortgage, have settled with the Department of Justice (DOJ) and the Department of Housing and Urban Development (HUD) over allegations that they denied women mortgages because they were on maternity leave at the time, according to Kenneth R. Harney reporting in the LA Times.
In the TILA-RESPA Integrated Disclosure, the CFPB has defined six key pieces of information to trigger a Loan Estimate disclosure — the disclosure to the consumer on costs of obtaining the loan.
First Commonwealth Financial Corp. is returning to the mortgage business ahead of its original expectations.
New federal requirements for private mortgage insurers aim to standardize coverage across the market.
These are just a few of the terms that mortgage lenders have coined to describe loans that do not meet the Consumer Financial Protection Bureau's definition of an ultra-safe "qualified mortgage."
The problem of squatters occupying vacant, real estate-owned (REO) properties has been growing steadily since 2009.
On the whole, 2014 has certainly seen a narrow range in rates, but within that broader range, we've still been able to witness distinct trends.
Home price appreciation is slowing markedly, and a survey of members of the National Association of Realtors shows they generally expect home prices to increase in all states and the District of Columbia over the next 12 months, with most of the heavy growth in Florida, Texas, and California, among other states.
It doesn't get much publicity compared with other home mortgage issues, but it appears to be a persistent problem: Lenders and mortgage insurers allegedly delay or deny loan applications when a borrower is pregnant or heading for maternity leave.
CoreLogic (CLGX) has completed a preliminary estimate of the worst-case residential damage that could be caused by Hurricane Arthur if it continues on its current track.
The Mortgage News Ticker is a collection of news articles, magazine stories and blog posts from around the web. The opinion expressed are those of the news sources and do not reflect that of National Mortgage Professional Magazine, NationalMortgageProfessional.com, NMP Media Corp. or its affiliates.