Waning Refinances Drive Up Mortgage Fraud Risk
As the share of refinance mortgage originations continues to subside, more risky financing for home purchases is driving up the level of mortgage fraud risk.
Biggest 2016 Commercial Mortgage Servicers
When it comes to servicing the country's commercial real estate loans, there has been a shakeup among the biggest players versus a year earlier.
CMBS Issuance Down as Multifamily, GSE Lending Up
Driven by the government-sponsored enterprises, multifamily lending rose last year, as did office loan originations. But issuance of commercial mortgage-backed securities tumbled.
Nearly $800 Million in GSE Loans for Sale
Nearly $800 million in distressed government-sponsored enterprise residential loans have been put on the auction block.
Fannie's Annual Business and Earnings Increase
Income, mortgage-backed securities issuance and the book of business all grew last year at the Federal National Mortgage Association.
Annual Earnings, Business Up at Freddie
Annual earnings, secondary lending activity and loans outstanding all increased in 2016 at the Federal Home Loan Mortgage Corp.
GSE Refinances Down Despite HARP Up Tick
Although there was a monthly increase in government-supported refinances, overall government-sponsored enterprise refinances slowed.
$1.8 Billion in GSE Loans for Sale
A nearly $1.8 billion portfolio of government-sponsored enterprise mortgages is being auctioned off to the highest bidder.
Mortgage Credit Eases 5 Months in Row, Jumbo Leads
Lending conditions in real estate finance were more relaxed for the fifth consecutive month. Jumbo lending loosened most.
Flow MSR Offering Could Exceed $2 Bil in Loans
A concurrent flow servicing offering could work out to mortgage servicing rights on as much as $2.250 billion in government-sponsored enterprise loans.