Monthly HARP Originations Turn Higher
The number of residential loans that were refinanced through the Home Affordable Refinance Program turned higher for the first time in five months.
GSE MSR Offering Has Minnesota Concentration
A flow offering of mortgage servicing rights on as much as $840 in agency conventional mortgages has a Minnesota concentration.
MSRs on Around $1 Billion in Agency Loans Available
A pair of flow offerings on the market could land the buyer mortgage servicing rights on more than $1 billion in agency residential loans.
Life Insurer CRE Loan Production at Decade High
Quarterly commercial mortgage originations were stronger, with life insurer production at its highest level in at least nearly a decade and a half.
Over $1 Bil in Distressed Freddie Loans For Sale
More than $1 billion in distressed Federal Home Loan Mortgage Corp. home loans are being marketed for sale.
New Business, Earnings Down at Fannie
New single-family business slowed at the Federal National Mortgage Association. While income was down, more than $2 billion in earned profits will be paid back to taxpayers.
Continued Gains in Availability of Mortgage Credit
The availability of credit in home lending expanded last month, has eased four consecutive months and stands at the highest point in six years.
Fannie Relaxes LLPA, Condo and Coop Requirements
Fannie Mae eased restriction on refunds of loan-level price adjustments and expanded policies for condominiums and cooperatives.
Freddie Swings to Red on Hedging Losses
Hedging its interest-rate risk proved costly to the Federal Home Loan Mortgage Corp., though existing reserves will let it avoid another Treasury draw.
Genworth Expands Guidelines
Updates that have been made at Genworth Mortgage Insurance widen the availability of rate-term and cashout refinances and expand guidelines for super-jumbo loans.