Tag Archives: Mortgage Loans

The frequency of loan defects, fraud, and misrepresentation in the information submitted in mortgage loan applications remained flat in April 2018, but increased slightly over April 2017. That’s according to the latest release of the Loan Application Defect Index, published Wednesday ...

Blockchain is creating a lot of buzz—and a lot of confusion. Primarily, this technology offers the capacity to record and monitor transactions in what is called a distributed ledger (a decentralized database). Each block is a record of new transactions ...

Fifth Third Bancorp announced John Adam will join Fifth Third Mortgage as National Sales Leader and will aid in the company’s community commitment.

New Residential’s purchase of mortgage servicing rights from CitiMortgage indicates the latter’s plans to move out of the industry. What effects will this agreement have?

A bond rating agency has offered preliminary ratings for new Freddie Mac notes.

Credit availability in the mortgage industry declined in March due to administrative changes causing declines in the availability of conventional and super conforming loan programs.

As typical mortgage originations falter and fade to black and refinances continue to go untapped, lenders are gearing up for the next big thing among mortgage loans: home equity lines of credit (HELOCs).

Recent analysis found that 17 percent of loans currently fail for Truth in Lending Act (TILA) reasons and another 6 percent of the loans failed for being outside of the Real Estate Settlement Procedures Act (RESPA) tolerances.

The delinquency rate on residential mortgage loans backed by Fannie Mae declined across the board in 2014 due to a number of reasons that include foreclosure alternatives, home retention solutions, completed foreclosures, improved loan payment performance, and acquisitions of loans with stronger credit profiles, according to Fannie Mae's recently released annual report.

Despite the declining share of underwater mortgages as a percentage of all mortgages in the U.S., which has fallen below 8 percent, about four million borrowers are still underwater, according to Black Knight Financial Services' October 2014 Mortgage Monitor released today.