Walter CEO vows improvement after 'not acceptable' third annual loss

Category: National Mortgage News
Published: Friday, 24 March 2017
Walter Investment Management Corp. narrowed its fourth-quarter losses, as disappointed CEO Anthony Renzi called the nonbank lender and servicer's third consecutive annual loss "not acceptable" and vowed to improve results.

Credit availability keeps on improving: MBA

Category: National Mortgage News
Published: Thursday, 23 March 2017
Mortgage credit availability went up yet again in February amidst an expansion in access to government loans, according to the Mortgage Bankers Association.

10 states where servicers are grappling with property tax shocks

Category: National Mortgage News
Published: Wednesday, 22 March 2017
Average property taxes are up nearly 6.5% nationwide, according to Lereta, a tax services and data provider in Covina, Calif. Higher tax bills can strain borrowers' ability to repay and affect underwriting, escrow services and portfolio management for ...

Fannie's economic outlook holds steady ahead of Fed rate hike

Category: National Mortgage News
Published: Tuesday, 21 March 2017
Economic growth expectations remain the same despite the rate hike the Federal Reserve is expected to announce, Fannie Mae said Wednesday.