mortgages

• 

  Possible Edward DeMarco Replacement at FHFA Has History With Credit Unions

  By David Morrison  |  April 15, 2013

  Media sources report that Mark Zandi, chief economist at Moody's Analytics, is a lead contender to replace DeMarco.

• More HARP: FHFA Gives Nod to Loan Mods Through 2015

  By David Morrison  |  April 11, 2013

  Refinancing program had been scheduled to end at the end of 2013. Now gets two more years.

• Big Banks to Pay Out to 4.2 Million Mortgage Servicer Victims

  By Heather Anderson  |  April 9, 2013

  Checks to range from $300 to $125,000 as result of enforcement actions against 13 servicers, including the nation's largest banks.

• New Modification Program Will Be Required by FHFA

  By Heather Anderson  |  March 28, 2013

  Borrowers relieved of requirement to document hardship or financial situation.

• Reduced Housing Supply Dampened Sales in February, Realtors Say

  By David Morrison  |  March 28, 2013

  National Association of Realtors said limited inventory is now holding back the market in many areas.

• Prudential PenFed Realty Expands in Maryland

  By Michelle A. Samaad  |  March 27, 2013

  Credit union's real estate arm opens new office in Columbia, Md.

• FHFA Foreclosure Report Shows Best Numbers Since 2008

  By Heather Anderson  |  March 27, 2013

  Foreclosure figures released in a report Wednesday from the Federal Housing Finance Agency indicates the housing market is on the road to recovery.

• 

  No Money Down Mortgages Stage a Comeback

  By David Morrison  |  March 27, 2013

  Two credit unions, NASA Federal Credit Union and Navy Federal Credit Union, are offering members mortgages without requiring any down payment or mortgage insurance.

• Leominster Credit Union Re-Ups Down Payment Offer

  By Marc Rapport  |  March 26, 2013

  Massachusetts credit union in second year of FHLB program, offering $15,000 down payment help this time for first-time homebuyers.

• TDECU Touts Record Year in Housing Finance

  By David Morrison  |  March 22, 2013

  Texas credit union says mortgage loans tripled from 2011 to 2012.