Tag Archives: Mortgage Loans

U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro announced in a speech on Monday the points of HUD's "Blueprint for Access" meant to ease the risk of lenders while expanding credit.

A new study by TransUnion indicated that the composition of loans people typically carry, known as the consumer loan wallet, has materially changed in the last decade for both older and younger consumers.

While the overall rise in equity marks another positive step forward for the housing market, it's undercut by the fact that nearly 9 million homes are "under-equitied," meaning the properties have less than 20 percent equity. Out of that group, 1.3 million have less than 5 percent equity, putting them just barely above water.

The data on 2013 mortgage lending transactions at thousands of U.S. financial institutions was made available starting Monday, the Federal Financial Institutions Examination Council (FFIEC) announced.

Speaking on the subject of "Engaging Borrowers on Their Terms" at the Servicing Lab as part of the Five Star Conference on Tuesday, Green Tree Servicing's SVP of business control and client management, Mark Atencio, pointed out the many similarities between a mortgage and a marriage.

Fewer charge-offs for mortgages have resulted in the smallest losses for banks on loans since before the recession, according to the Federal Deposit Insurance Corp.'s Quarterly Banking Report for Q2 2014 released on August 28.

MountainView Capital Group, a residential whole loan transaction advisor in Denver, Colorado, announced the closing of a deal involving a portfolio of residential mortgage loans with a total unpaid principal balance of approximately $60 million. The seller was listes as ResCap Liquidating Trust, and Mountainview served as ResCap’s loan sale advisor.