Mortgage Credit Conditions Tighten 3 Months in Row
Credit conditions in residential lending were tighter for the third month in a row, and it was conforming loan programs that contracted the most.
Loans in Agency MSR Sale Could Reach $900 Million
A new flow offering of mortgage servicing rights on agency loans could end up generating MSRs on as much as $900 million in mortgages for the buyer.
GSE Repurchase Process Improved
The government-sponsored enterprises have updated their process for resolving repurchases in a move intended to provide lenders with more certainty.
Largest Commercial Mortgage Servicers
When it comes to the servicing of commercial real estate loans, there are just two financial services giants that are neck-and-neck in their domination of the field .
GSEs Lead Surge in Commercial Mortgage Lending
Quarterly commercial real estate lending exploded in the final quarter of 2015, and the government-sponsored enterprises led the increase.
Mortgage Delinquency Lowest Since July 2008 at Fannie
Serious mortgage delinquency at the Federal National Mortgage Association has descended to depths not seen since before it collapsed.
Monthly MBS Issuance Slips at GSEs, Rises at Ginnie
Although securitizations dipped last month at both government-sponsored enterprises, issuance accelerated at the Government National Mortgage Association.
Freddie's Monthly Biz Jumps, Lates at 7-Year Low
New business at the Federal Home Loan Mortgage Corp. was the best it's been in five months, and delinquency was at a more than seven-year low.
Freddie Selling Non-Performing Loans
Freddie Mac is putting some of the residential loans it owns up for bid. Seven pools are involved in the sale.
Mortgage Layoffs Planned at Redwood Trust
A restructuring of its conforming mortgage business has Redwood Trust Inc. laying off employees and ending government-sponsored enterprise originations.