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Updated: 32 min 40 sec ago
Connecticut Avenue Securities 2014-C04 is backed by two pools of mortgages that carry a total unpaid principal balance of $53.8 billion. Group 1 contains 154,842 mortgages with original loan-to-value ratios greater than 60% and less than or equal to 80%. Group 2 has 80,662 mortgages with original LTV greater than 80% and lower than or equal to 97%.
Bradley Trapnell, who was REO Sales Manager at Fannie Mae from 2005-2009, is leaving the world of mortgages, REO sales, and field services for a life of lagers, ales, and stouts.
The Federal Housing Administration released Monday its actuarial report on the Mutual Mortgage Insurance Fund for single-family programs, and a lot of very divergent voices have equally divergent opinions on what it means.
Most big real estate web portals are consumer-friendly, but are they service-oriented? One startup out of San Francisco says not enough so, and they think they have the solution for those who are more into the latter business model when it comes to buying a home.
Millennials grew up constantly posting their lives on social media and having access to the world in the palm of their hand, and as a direct result, what they want from a lender is vastly different from previous generations. Now this is becoming a new normal for all generations.
Here's proof that life can be stranger than fiction... The man who was in charge of cleaning up Ebola in New York City is also a con artist who was once fined $12.5 million for fraudulent mortgage modifications.
How much top executives at Pacific Investment Management Co., better known as PIMCO, earn continues to fascinate Wall Street. And now that the industry has answers, the results are a lot more surprising than expected.
A few high-profile nonbanks in the mortgage space have been making unfortunate headlines in the last couple of months, and some are worried that it may make borrowers gun shy about independent mortgage bankers and nonbank firms — but they shouldn't be.
The Federal Housing Administration released Monday its actuarial report on the Mutual Mortgage Insurance Fund for single-family programs, and it shows the financial health of the regulating agency improved dramatically but that it still has a way to go with its finances.
According to a new report, the U.S. economy is well poised to sustain about a 3% growth rate for 2015. As a result, here are 5 predictions for the housing market in 2015, including where interest rates will go and whether or not homes sales will increase.
The nation’s highest court is taking on the burning issue of underwater mortgages, agreeing Monday to hear not one but two mortgage cases brought by Bank of America, which is appealing lower court decisions.
In this position, Hogg will provide strategic direction to support B2R’s expansion, building out a platform of products and services that meet the demands of residential investors, the company said.
It's that special time of year, you can smell it in the air. Too soon for housing forecasts, but like a kid waiting for Christmas, it's all you can think about. Here's a taste of housing's fortunes in sales, prices, mortgage-backed securities, mortgage lending and more. Merry early House-mas.