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Rural Homeownership Made Easy: The Benefits and Process of Getting a USDA Loan
A USDA loan is one that the U.S. Department of Agriculture (USDA) makes available to borrowers in rural areas that have low to moderate incomes. A USDA loan is a mortgage loan provided by the U.S. Department of Agriculture (USDA) to borrowers in...
Continued Deterioration in Origination Quality
Continued Deterioration in Origination Quality Still better than pre-crisis Oct. 26, 2018 By Mortgage Daily staff As home lenders and investors have recently been a little more relaxed about credit qualifications compared to just after the crisis,...
Diamond Residential Mortgage Settles Alleged Fraud
SPRINGFIELD, Illinois -- Diamond Residential Mortgage Corp. has agreed to pay $1.27 million to the state as part of a "consent order" stemming from alleged fraudulent loan-origination activity by Chris R. Schaller and other employees of Diamond's...
Secondary Marketing News
Secondary Marketing News correspondent directory | warehouse directory | MBS News Last Updated October 25, 2018 4:58 PM Central Business Falls to 6-Month Low at Freddie New business at the Federal Home Loan Mortgage Corp. retreated to its...
Large Agency MSR Offering Hits Market
Large Agency MSR Offering Hits Market Modest California, Florida concentration Oct. 25, 2018 By Mortgage Daily staff Bids are being sought for servicing rights on a large portfolio of agency mortgages. The offering has a moderate concentration of...
Mortgage Rates Up 92 BPS From Year Ago
Over the past year, weekly fixed interest rates on single-family loans have soared 92 basis points. But little change was reported from last week, and more of the same is expected. On conventional loans utilized to finance a home purchase with...
Commercial Real Estate Loan News
Commercial Real Estate Loan News Commercial Mortgage Statistics Last Updated October 25, 2018 4:59 PM Central Business Falls to 6-Month Low at Freddie New business at the Federal Home Loan Mortgage Corp. retreated to its lowest level in six months....
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Continued Deterioration in Origination Quality
Continued Deterioration in Origination Quality Still better than pre-crisis Oct. 26, 2018 By Mortgage Daily staff As home lenders and investors have recently been a little more relaxed about credit qualifications compared to just after the crisis,...
Diamond Residential Mortgage Settles Alleged Fraud
SPRINGFIELD, Illinois -- Diamond Residential Mortgage Corp. has agreed to pay $1.27 million to the state as part of a "consent order" stemming from alleged fraudulent loan-origination activity by Chris R. Schaller and other employees of Diamond's...
Secondary Marketing News
Secondary Marketing News correspondent directory | warehouse directory | MBS News Last Updated October 25, 2018 4:58 PM Central Business Falls to 6-Month Low at Freddie New business at the Federal Home Loan Mortgage Corp. retreated to its...
Large Agency MSR Offering Hits Market
Large Agency MSR Offering Hits Market Modest California, Florida concentration Oct. 25, 2018 By Mortgage Daily staff Bids are being sought for servicing rights on a large portfolio of agency mortgages. The offering has a moderate concentration of...
Mortgage Rates Up 92 BPS From Year Ago
Over the past year, weekly fixed interest rates on single-family loans have soared 92 basis points. But little change was reported from last week, and more of the same is expected. On conventional loans utilized to finance a home purchase with...
Commercial Real Estate Loan News
Commercial Real Estate Loan News Commercial Mortgage Statistics Last Updated October 25, 2018 4:59 PM Central Business Falls to 6-Month Low at Freddie New business at the Federal Home Loan Mortgage Corp. retreated to its lowest level in six months....
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