Recent Stories From this Author
Banks See Higher Retail Originations, Lower Wholesale Volume
November 25, 2014 FDIC third quarter report shows pop in loan buybacks and indemnifications.
FHA Fund Improves, But Lower Premiums Still Unlikely
November 18, 2014 The Federal Housing Administration's mortgage insurance fund is finally in the black, but not strong enough that the agency is...
HUD's Castro Wants to Restart Debate Over GSE Reform
November 17, 2014 A secondary market system "dominated by Fannie and Freddie in conservatorship is simply not desirable," Castro says.
FHA Fund in Black But Still Misses Projections, Report Says
November 17, 2014 An independent actuarial report showed the Federal Housing Administration's mortgage insurance fund's capital ratio hit 0.41%...
FHA Fund Expected to Improve, But Still Faces Struggles
November 14, 2014 A report due next week on the Federal Housing Administration's financial health is expected to show that the agency's reserve...
Basel Rule Will Drive Banks Out of the Servicing Business, Groups Warn
November 13, 2014 Trade groups press federal banking regulators to make the Basel III capital rule less onerous.
Rural Mortgage Agency Faces Big Application Backlog
November 12, 2014 The Rural Housing Service has said it will stop accepting new mortgage applications for one week in an effort to clear through...
GSEs' Low-Down-Payment Loans Must Have Compensating Factors: Watt
November 7, 2014 Borrowers must have other factors such as housing counseling, stronger credit histories, or lower debt to income ratios to...
Freddie CEO Puts the Focus on Boosting Single-Family Business
November 6, 2014 Freddie Mac is growing its single-family business and taking market share from its fellow government-sponsored enterprise...
High Court Wrestles with Loan 'Rescission' Case
November 5, 2014 Justices seem to struggle with what rescission actually means in practice and in the Truth-in-Lending Act.
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