Media

In a meeting with reporters on Wednesday, Mel Watt, former U.S. representative and chief of the Federal Housing Finance Agency since December 2013, discussed a number of key issues facing the GSEs and the agency, touching on topics ranging from recently ...

New York-based credit ratings agency Standard & Poor's Ratings Services and its parent company, McGraw Hill Financial, have entered into settlements with the U.S. Department of Justice and Attorneys General of 19 states and the District of Columbia over claims that S&P misrepresented residential mortgage-backed securities ...

Mortgage professionals involved with the servicing of Federal Housing Administration mortgage loans said the biggest challenge they face with those loans is fulfillment of FHA property preservation and conveyance requirements, according to the February 2015 Mortgage Industry Outlook Report released Monday by The Collingwood ...

The Federal Housing Finance Agency announced proposed new financial eligibility requirements in order to align the minimum financial requirements for mortgage sellers and servicers to do business with Fannie Mae and Freddie Mac. The proposed requirements include minimums for net ...

While percentages of homes being flipped nationwide are nowhere near their peak reached in 2005 and 2006, in some areas such as California they remain near their historic levels consistent with home price gains in those areas, according to a report released ...

U.S. Senator Rand Paul has reintroduced bipartisan legislation that calls for more transparency from the U.S. Federal Reserve Board of Governors, according to an announcement on Paul's website. The Federal Reserve Transparency Act of 2015, commonly known as Audit the ...

The market for federally insured home purchase mortgages grew riskier in December, garnering worry from analysts concerned about the government's recent efforts to expand mortgage access. In its latest National Mortgage Risk Index, the American Enterprise Institute's International Center on ...

Atlanta-based mortgage servicer Ocwen Financial has responded to a Notice of Nonperformance filed on Friday by law firm Gibbs & Bruns on behalf of investors BNY Mellon, Citibank, Deutsche Bank, HSBC, US Bank, and Wells Fargo, accusing the investors of pushing homeowners ...

A measure of leading U.S. economic indicators rose again in December, advancing for a fourth straight month as most components improved. The Conference Board's Leading Economic Index, which gauges the near-term economic outlook based on a variety of indicators, increased ...

Just one month after experiencing the largest monthly increase in six years, the nation's mortgage delinquency rate took a big tumble in December, according to Black Knight Financial Services' December 2014 First Look at Mortgage Data released today. The mortgage delinquency rate, or the percentage ...