GSEs Release ‘Duty To Serve’ Plans For Public Comment
Each plan aims to address the needs of America's three most underserved markets: manufactured housing, affordable housing preservation and rural housing.
Mortgage Network Opens New Location In Pennsylvania
Mortgage Network reports that it has relocated its West Chester, Pa., branch office to Exton, Pa., in the heart of Chester County, and further...
Financial CHOICE Act Passes In Committee, Moves To House Next
The House Financial Services Committee on Thursday passed the Financial CHOICE Act, a sweeping piece of GOP-backed legislation that would, if approved, gut major...
Investors Unite: MBA’s GSE Reform Proposal Is Too Complex
Investors Unite, a coalition of investors in government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac that is pushing for the GSEs to be re-capitalized...
MBA: Mortgage Credit Availability Decreased Slightly In April
After increasing 3.2% in March, mortgage credit availability decreased 0.2% in April, falling to a score of 183.0 on the Mortgage Bankers Association's (MBA)...
Barclays Fined $15.5M After Two Traders Allegedly Charged ‘Excessive Markups’ On Certain RMBS Deals
Barclays PLC will pay more than $15.5 million in remediation, plus a $1 million penalty, to settle allegations brought by the U.S. Securities and...
CoreLogic Introduces New Mortgage Portfolio Valuation Tool
CoreLogic has introduced a new tool to help lenders and investors evaluate and understand the collateral value of their mortgage portfolios on a periodic...
Clayton Holdings Now Offering Enhanced Internal Audit Services Program
Clayton Holdings says it has developed an enhanced internal audit services program designed to help bank and lender clients develop, manage and enhance their...
Massachusetts Jurisdictions Can Now Electronically Record Land Court Documents
Simplifile, a provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, reports that it is now electronically recording...
Fannie Mae Introduces New Solutions For Borrowers Struggling With Student Debt
In case you haven't noticed, college tuition costs have skyrocketed in recent years. As a result, an increasing number of homeowners have become saddled...
Freddie Mac Completes Its Second Seasoned Credit Risk Transfer Offering
As part of its ongoing effort to transfer mortgage credit risk away from taxpayers and into the private market, Freddie Mac recently completed its...
MBA’s Stevens: ‘Recap And Release’ Of GSEs Would Be A Big Mistake
One thing that David Stevens, president and CEO of the Mortgage Bankers Association (MBA), made perfectly clear during his opening remarks on Monday during...
MBA: Applications For Mortgage Purchases Jumped 4%; Refis Fell 5%
Mortgage application volume fell 0.1% on an adjusted basis during the week ended April 28, as a dip in applications for refinances offset a...
CoreLogic: U.S. Home Prices Continued To Climb In March
U.S. home prices increased 1.6% in March compared with February and increased 7.1% compared with March 2016, according to CoreLogic's home price index report.
The firm...
Dave Hurt Joins Black Knight’s Data And Analytics Division
Mortgage industry veteran Dave Hurt has joined the data and analytics division of Black Knight Financial Services, where he will lead the division's business...
Blockchain Technology Provider Factom Completes $8 Million Series A Funding Round
Factom, an Austin, Texas-based start-up offering "blockchain as a service," recently completed its $8 million Series A funding round.
The company had previously raised $5.3...
Matthew T. Orlando Is New VP Of National Programs For Lenders One
Matthew T. Orlando has joined the Lenders One Cooperative, a national alliance of independent mortgage bankers, as vice president of national programs.
Orlando has more...
Embrace Home Loans Opens New Location In Viera, Fla.
Embrace Home Loans has opened its ninth branch in Florida.
The new branch in Viera, Fla., will serve all of Brevard County and will be...
Franklin American Correspondent Lending Intros New Hybrid Mandatory Loan Sales
Franklin American Mortgage Correspondent Lending has introduced what it claims is the industry’s first mini-bulk execution permitting assignment of trades (AOT).
The new Hybrid Mandatory...
NAR: Pending Home Sales Dipped 0.8% In March
After jumping 5.5% in February, pending home sales dipped 0.8% in March, according to the National Association of Realtors (NAR).
Still, pending home sales were...