Apartment Loan Securitizations Soar at Fannie
The volume of apartment loans securitized by the Federal National Mortgage Association nearly doubled on a quarter-over-quarter basis.
Credit Scores Rise, As Does Higher LTV Share
After a period of loose lending standards, credit scores have returned to levels similar to those of two decades ago. But a larger share of mortgages have higher loan-to-value ratios.
Freddie Mac's Total Portfolio Expands
An increase in the Federal Home Loan Mortgage Corp.'s total mortgage portfolio was registered for last month as new business slipped and delinquency fell to the lowest level since 2008.
Flagstar Fundings Up, Mtg Assets and Servicing Off
The mortgage servicing portfolio and residential lending assets shrunk at Flagstar Bancorp Inc., but home loan originations expanded.
134-Year-Old Bank, Correspondent Lender Done
Among several mortgage-related businesses to recently call it quits was a bank that was 134 years old, three credit unions and a correspondent lender.
Over $1 Billion In Agency MSRs For Sale
Bids are being accepted on two portfolios of mortgage servicing rights with more than $1 billion in agency loans.
Industry Applauds QRM-QM Alignment
A final rule on risk-retention requirements has been completed by federal regulators, and the mortgage industry is reacting favorably. The rule aligns the qualified residential mortgage definition with the Qualified Mortgage.
GSEs to Lift LTVs, Lower Repurchase Uncertainty
A plethora of positive news about government-sponsored enterprise lending emanated today from the crème de la crème of mortgage conferences.
Further Tightening in Ginnie Issuer Requirements
Just days after unveiling new minimum issuer volume requirements, the Government National Mortgage Association disclosed changes to other issuer requirements.
GSE Updates Intended to Loosen Mortgage Credit
Clearer guidelines about when seller-servicers can expect repurchase demands from Fannie Mae and Freddie Mac are intended to help lenders ease up on their own requirements.