The Lede

News and Trends

KBRA: More K-Series Borrowers Paying Off Early–Or Borrowing More

Many Freddie Mac K-Series borrowers are unlocking the equity resulting from years of strong multifamily investment demand and price appreciation, said Kroll Bond Rating Agency, New York. “In doing so, ...

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Bank Regulators Issue Study on Basel III Impact on MSR Market

On June 30, four federal agencies issued their Report to the Congress on the Effect of Capital Rules on Mortgage Servicing Assets. The Federal Reserve, Office of the Comptroller ...

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FHA Cites ‘Significant Improvements’ to Distressed Notes Sales Program

HUD announced a series of enhancements to the Department’s Distressed Asset Stabilization Program that would have purchasers of severely delinquent mortgages offer qualified borrowers principal reductions and protection from ...

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Zillow: Mortgage Payments Least Affordable for Low-Income Earners

People with low incomes spend nearly 23 percent of their income on monthly mortgage payments, compared to high-income earners, who spend just 11.5 percent of their income on monthly house ...

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Black Knight: Tappable Home Equity Rises to $4.4 Billion

Black Knight Financial Services, Jacksonville, Fla., said homeowners’ tappable equity rose by $260 billion in the first quarter to $4.4 trillion, within 10 percent of its 2005 peak. The company’s ...

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Briefs: New Ginnie Mae EVP, New Northmarq Loan Program

Ginnie Mat Taps Corsiglia as Executive Vice President, COOGinnie Mae, Washington, D.C., announced that Nancy Corsiglia will join the government corporation as Executive Vice President and Chief Operating Officer, reporting ...

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MBA News

MBA Education Introduction to Home Equity Lines of Credit July 19

MBA Education presents a webinar, Introduction to Home Equity Lines of Credit, on Tuesday, July 19 from 2:00-3:30 p.m. ET. The past year has seen a tremendous increase in demand ...

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MBA Education Mortgage Servicing and Sub-Servicing Part 1 July 20

MBA Education presents the first in a two-part webinar series, Mortgage Servicing and Sub-Servicing Part 1 (Overview) on Wednesday, July 20 from 2:00-3:30 p.m. ET. The Mortgage Servicing & Sub-Servicing ...

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MBA Education Advanced Servicing Workshop Aug. 3-4

MBA Education presents its popular Advanced Servicing Workshop on Wednesday, Aug. 3 and Thursday, Aug. 4 at MBA headquarters in Washington, D.C. The Advanced Servicing Workshop is new and improved. ...

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MBA Education Introduction to Home Equity Lines of Credit July 19

MBA Education presents a webinar, Introduction to Home Equity Lines of Credit, on Tuesday, July 19 from 2:00-3:30 p.m. ET The past year has seen a tremendous increase in demand ...

Full Story