Freddie Mac reported a four-basis-point increase in the average 30-year fixed mortgage rate
The lender expects to close its latest purchase by March
Senior citizens have more equity in their homes than at any period since the financial crisis, giving rise to reverse mortgage potential.
America's largest bank reported a drop in revenue as legal expenses weighed it down. Meanwhile, its mortgage activity in the fourth quarter was mixed.
Portfolios of the largest U.S. RMBS servicers have seen little change of late, though that could change in 2015, according to Fitch Ratings.
This state department is accusing the servicer of defying requests for information showing it complies with laws protecting homeowners.
Americans may be spending more time shopping for clothes than a mortgage according to a new report from the regulator, which also released a new "unbiased" tool to help consumers shop for a mortgage.
In an effort to limit the American taxpayer's liability, Freddie Mac has announced it has obtained the first of three insurance policies this year designed to cover the remaining credit risk associated with STACR deals from 2014.