Mortgages
Servicers Seek a Relaxation of Loan-Mod Doc Guidelines
American Banker | Aug 4Mortgage servicers are urging the Treasury Department to relax some of the requirements of the Obama administration's loan-modification program, claiming the time-consuming ...
Durbin Sees More Support for Mortgage Bankruptcy
Offers new ways to force loan mods
American Banker | Aug 4Sen. Richard Durbin said Monday that, if voluntary loan modifications do not increase significantly within three months, he will revive a legislative effort to let judges rework ...
MGIC May Infuse Less into Inactive Unit
Bloomberg News | Aug 4MGIC Investment may inject less capital than previously planned into an inactive subsidiary after determining it may be able to keep selling coverage through the traditional ...
Barclays Warns on Home-Loan Bonds
Bloomberg News | Aug 4Investors should be "cautious" about buying U.S. home-loan bonds because a rally stoked by cash "spilling in from the sidelines" may fizzle within months ...
WSFS Drops Reverse-Mortgage Venture
National Mortgage News | Aug 4 | Free with RegistrationWSFS Financial in Wilmington, Del., has given up on its reverse-mortgage joint venture after a little over one year, citing the unlikelihood of profitability at the unit.
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Special Report
Mortgages
Ginnie Mae is guaranteeing a bigger share of MBS than it has in years — but with renewed prominence comes a return of some old challenges.
More Mortgages News
- Corus Has Negative Capital Levels After Hefty 2Q Loss
- Delinquencies Approaching 7%
- REITs Reclaim Stage as Way to Cash In on Crisis
- Tree.com Quarter-to-Quarter Profit Dips
- Vegas, Fla. Region Tops in Foreclosures
- Another Weekly Gain for Loan Rates
- Infographic: Weekly Mortgage Wrap-Up
- Pipeline
- National Registry of Home Lenders Nears Completion
- $3B of CMBS Sales Set for September
- New Loan Insurer Gets OK in Pennsylvania
- Fed: Homes Sales Improve, Credit Tight
- Credit Union Builds Jumbo Loans
- Voluntary to Mandatory? Next Steps for Mods
