Webcasts

The controversial principal reduction program announced by the Federal Housing Finance Agency last week is expected to moderately increase expenses for mortgage servicers who handle delinquent Fannie Mae or Freddie Mac loans, but overall the impact of the program on ...

The tough week for banks continued Friday as Citigroup reported a year-over-year decline in net profits of 27 percent during the first quarter in the bank’s Q1 earnings statement released Friday, from 4 point 8 billion dollars down to 3 point ...

For seriously delinquent, underwater homeowners struggling through the murky aftermath of the financial crisis, help is on the way in the form of a gift from the Federal Housing Finance Agency. Fannie Mae and Freddie Mac will soon be required ...

Housing advocates and progressive groups have launched a coalition to change Agency distressed loan sales practices and require them to sell more delinquent loans to non-profits. The advocates tagged HUD’s Distressed Asset Stabilization Program a, quote, Wall Street Giveaway, close ...

The Government Accountability Office said that nonbank mortgage servicers need more oversight from both the Federal Housing Finance Agency and the Consumer Financial Protection Bureau as the share of mortgages serviced by nonbanks has nearly quadrupled since 2012, according to ...

While the homeownership rate is inching its way back upward, it is still below its peak across all age groups—particularly among consumers ages 44 and younger, according to the Wells Fargo 2016 Housing Market Outlook. For consumers between the ages ...

At the end of 2015, there were 3 point 2 million underwater borrowers, representing about 6 point 5 percent of all residential mortgages nationwide. And while negative equity rates have improved overall nationally, the recovery has been imbalanced when it ...

The recent predictions from analysts of a dark year for housing based on tight inventory combined with rapid home price appreciation and slow wage growth may be a little off base, according to Freddie Mac’s March 2016 Monthly Outlook released Thursday. ...

The number of first-lien mortgage loans serviced by eight national banks, which comprise about 41 percent of all outstanding residential mortgages in the country, has declined every quarter since Q4 2013, according to the OCC Mortgage Metrics Report for the fourth ...

The steep decline in the number of REO properties in the last five years or so since the foreclosure crisis peaked has been one of the buzz topics in the mortgage industry. Just how many fewer REO properties are out ...