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Freddie Mac is extending its streamline refinancing program to mortgages with loan-to-value ratios of 80% or less, bringing its Home Affordable Refinancing Program in line with Fannie Mae’s.
August 1 -
Maybe housing really is back. Standard & Poor's reported Tuesday morning that its 20-city house price index rose for
July 31 -
Barclays Capital, Citigroup Global Markets, Credit Suisse and Deutsche Bank Securities were among the winning bidders for the sale of roughly $4.5 billion of additional assets from the Maiden Lane III (ML III) portfolio, the New York Federal Reserve said in a press release today.
July 31 -
For those in the market who believe bank lending criteria has gotten too tight, a recent survey from Fair Isaac Corporation (FICO) has some good news.
July 31 -
Wells Fargo Home Mortgage is embracing residential reforms mandated by the new national servicing standards, regulatory consent orders and the Dodd-Frank Act, according to an executive at the nation’s largest servicing shop.
July 31 -
There were 60,000 completed foreclosures in the U.S. in June 2012, according to CoreLogic’s National Foreclosure Report for June released today.
July 31 -
In expanding its note sale pilot program, the Department of Housing and Urban Development (HUD) is imposing new certification requirements on servicers that are willing to assign defaulted Federal Housing Administration (FHA) loans for the upcoming sales.
July 30 -
Chicago is the latest city to pass a resolution to hold hearings on whether to use eminent domain to seize underwater mortgages from private investors.
July 27 -
More records were set as the week commenced along lower coupon MBS and 10-year Treasury note yields as a result of global growth and eurozone worries.
July 27 -
PennyMac Mortgage Investment Trust, a fast growing buyer of mortgages from correspondents — including Jumbos — recently inked a deal to receive a $100 million repo line from Barclays Bank .
July 27