Industry News

12/26/13 – MBIA raises money selling put-back claims

In a securities filing, the firm says it sold claims against the estates over loans it insured for the lenders….

Read Full Article

Existing Home Sales Break 29 month Streak of Year-Over-Year Gains

Read Article

Pull-Through, Processing Time, and Refinance Share Much-Improved in November

Read Article

The Day Ahead: Assessing Post-Taper Fallout

Read Article

12/17/2013 CoreLogic: 791,000 underwater homes return to positive equity

Rising home prices continue to pull underwater homeowners into

positive equity positions…

 

Read Full Article

Fannie, Freddie Regulator Considering Loan Limit Reduction Again

Read Article

 

How High Will New Home Sales Go in 2014? Very High

Economists are looking for stronger economic growth and acceleration in job creation next year to

drive demand for new homes and construction higher.

Read Article

12/10/2013 – Adverse Market Fee Going Away, but G-Fees Going Up; Mortgage Insurance Overhaul; Investor Updates

Back in the ’00s I remember watching a Discovery Channel show on people summiting Mt. Everest. One of the amateur climbers matter-of-factly said that he financed his THREE attempts by taking out a HELOC on his home. I remember thinking, “I hope I didn’t securitize this guy’s loan.” HELOC’s were banished to the preverbal woodshed over the past few years, but now appear to be back.

Read Article

FHA Lowers Loan Limits for 650 High Cost Areas

Read Article

Equity Prime fills market void

Read Article