First-time homebuyers in need of financing methods are losing out on homes that are being swiped from them by cash investors.

Five Star Institute President and CEO Ed Delgado recently met with HUD Secretary Julián Castro to ask the Secretary to consider issuing a mortgagee letter to set the definition and criteria for identifying vacant and abandoned properties and then accelerating those properties to foreclosure. ...

AIM Your Way, a Dallas, Texas-based property maintenance services provider for the mortgage industry for 30 years, has appointed Mitch Schneider as CEO.

First mortgage default rates started the new year exactly where they left the old one, according to the latest S&P/Experian Consumer Credit Default Indices released Tuesday. According to the report, first mortgage and auto loan default rates were unchanged for January, ...

Not everyone thinks the economy is as bad off as doomsayers have been saying lately. In fact, William Dudley, president and CEO of the Federal Reserve Bank of New York, says the expansion we’ve experienced for the past seven years has ...

The New York Fed’s Quarterly Report on Household Debt and Credit, released Friday, showed what is, overall, a modest increase in U.S. household indebtedness. Overall debt, counting mortgages, HELOCS, credit cards, student loans, and auto loans, reached 12 point 12 trillion ...

Through all of its risk transfer programs, Fannie Mae has transferred a portion of the risk on more than half a trillion dollars in single-family mortgages.

The Federal Housing Administration’s Mutual Mortgage Insurance Fund, Home Equity Conversion Mortgage program, and the Agency’s mission were the focal points in Principal Deputy Assistant Secretary Edward Golding’s testimony before the House Subcommittee on Housing and Insurance on Thursday. Golding said ...

A big shift from homeownership to renting has taken place nationwide since the crisis, and metros where the most foreclosures occurred were the most affected.

While testifying before the House Financial Services Committee on Wednesday, Federal Reserve Chair Janet Yellen noted that persistent economic headwinds have kept the federal funds target rate at a historically low level—and that future rate hikes may occur even more ...