News

  • Underwater homes breaking above the surface by Ryan Smith

    More than 2 million residential properties returned to positive equity in the second quarter, leaving 14.5% of all mortgaged residential properties underwater

  • FHFA could slash Fannie and Freddie loan sizes by Ryan Smith

    Federal regulators are considering a slashing the size of mortgages that can be backed by Fannie Mae and Freddie Mac, even as Congress considers killing off the mortgage giants

  • Wave of mortgage job cuts continues by Ryan Smith

    The nation’s second-largest lender is cutting more than 2,000 jobs and closing 16 mortgage offices in the face of rising interest rates and flagging demand for loans

  • Big bank expects originations to fall by $32bn by Ryan Smith

    One of the nation's largest lenders expects to see its mortgage originations to drop by $32bn in the third quarter as job cuts continue

  • Housing optimism hitting a wall? by Ryan Smith

    Consumer outlook on housing growth may have plateaued as concern grows over the potential tapering of the Federal Reserve’s bond-buying program, according to a new report by Fannie Mae

  • Credit standards tighten slightly by MPA

    Mortgage credit availability edged down slightly in August as lending standards tightened, according to a report by the Mortgage Bankers Association

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