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Mortgage News

Default Service Providers Promote Products
Default service providers are busy this week touting their wares as mortgage servicers converge in Florida. Products being promoted include those that identify property association...
Expected 1st Half Originations Upped
Thanks to a stronger refinance outlook, more mortgage business is expected during the first six months of 2012 than was forecast last month.

The outlook for...
Mortgage Market Needs Changes
A leading analyst sees many changes needed in the mortgage market. One of those changes is higher interest rates.

Meredith Whitney, founder and chief executive officer...
GSE Execs Rack Up Tens of Millions in Legal Expenses
An inspector general report examined legal fees being paid on behalf of former senior executives of the Federal National Mortgage Association and the Federal Home...
HUD Clarifies HAMP Credits Toward Settlement
While some principal reduction on mortgages with government loan modifications can be credited towards the recent mortgage servicer settlement, the vast majority of loans modified...