Trott Law, a real estate finance law firm based in Farmington Hills, Michigan, has announced that it is celebrating its 40th anniversary this year.
Read More »10 Cities Where Are Homes Selling Fastest
There are two occurrences happening simultaneously in the market: some of the hottest housing markets may be slowing down, while those that have been slow to rebound are finally heating up.
Read More »Is Ginnie Mae the Answer to GSE Reform?
If the GSE reform should happen, the industry should aim to meet the needs of future generations of homeowners, not the want of political interests. In order to do this, however, Ginnie Mae will need to come forward as its own government corporation.
Read More »Homebuyers Less Diligent When Shopping Online
Of all the major purchases in life, a home purchase in probably the biggest investment a consumer will make. So, it's surprising to find that homebuyers spend more time researching a car than their home loan.
Read More »Another Non-Bank Servicer Counts its Losses
Nationstar was the only one of the three largest non-bank servicers rated by Moody's to turn a profit in 2015, but the Dallas-based servicer couldn't keep it up in the first quarter of 2016. What caused the net loss for Nationstar, and which segments of the company performed well in Q1?
Read More »Fannie Mae Enhances Credit Risk-Sharing Disclosures
To date, Fannie Mae's CAS program has resulted in the transfer of credit risk on single-family loans totaling more than a half trillion dollars. What enhancements did Fannie Mae make to the program?
Read More »Regulators Want Banks to Be Ready for a Crisis
Federal financial regulators on Tuesday proposed a rule that require the largest banks to be ready in case of another financial crisis. What are the agencies proposing that banks do to be ready?
Read More »Why the New PMI Reduction Will Reel in FHA Borrowers
The recent reduction in private mortgage insurance fees has made getting a mortgage loan a lot easier and may begin to pull high quality borrowers from the Federal Housing Administration.
Read More »Home Prices Nearly Halfway Recovered From Bottom
Home prices continued to keep their rising pace in March 2016 and are up 40 percent from the bottom hit five years ago, CoreLogic reported in its Home Price Index and HPI Forecast.
Read More »Bank of America Places FHLBank Settlement in the Rearview
Bank of America announced this week that it has settled mortgage-related complaints with a Federal Home Loan Bank, the bank stated in a filing with the Securities and Exchange Commission.
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