Source Material Is Vital To Assignment Validations
REQUIRED READING: When assigning a loan or a group of loans, servicers need to ensure that their assignments are completely accurate, with no...
How Does The Dodd-Frank Act Impact The Appraisal Process?
REQUIRED READING: The Dodd-Frank Act is the largest financial reform bill in U.S. history, covering the vast spectrum of consumer credit products and...
Robert Stowe England Asks: Could The 2008 Crash Have Been Prevented?
PERSON OF THE WEEK: It has been more than three years since the September 2008 financial crisis, and many people are still trying...
Holiday Gifts For The Mortgage Banking Industry
BLOG VIEW: Are you still doing your holiday shopping? If you are, there's a good chance we'll bump into each other at the...
Managing Risk To The FHA’s Insurance Fund
WORD ON THE STREET: While the Federal Housing Administration's (FHA) Mutual Mortgage Insurance (MMI) Fund has remained positive, we are keenly aware of...
Is The Time Right To Outsource Post-Closing?
REQUIRED READING: Over the last three years, we have witnessed a massive upheaval of the mortgage banking industry. Despite the turmoil, however, one...
REO By The Numbers: Upgrading Disposition Strategies
REQUIRED READING: For close to a year now, real estate owned (REO) departments have been focused on preparing for the arrival of a...
Richard Booth On The Housing-Employment Conundrum
PERSON OF THE WEEK: You may recall the old brainteaser about whether the chicken or the egg came first. In today's economy, the...
Green Building Is For The Birds…Literally!
BLOG VIEW: Did you know that as many as 1 billion birds die every year from collisions with buildings in the U.S.? So...
Why We Need To Raise GSE Lending Limits
WORD ON THE STREET: Our nation is in the midst of the worst housing crisis in its history. Over the past four years,...
House Dems Not Backing Down On Principal Reductions
BLOG VIEW: This week, House Democrats continued their full-court press against the Federal Housing Finance Agency's (FHFA) anti-principal-reduction policies, with the party's House...
Come Back, Private-Label RMBS!
REQUIRED READING: The private-label residential mortgage-backed securities (RMBS) market may be in a state of abeyance, but this does not mean that investors...
The Folly Of Mortgage Legislation: How Far It Has Gone, Part II
REQUIRED READING: There is assuredly more cause for alarm. Part I of this analysis (which appeared in the May 2011 edition of Servicing...
Will The Housing Crisis Kill Mitt Romney’s Campaign?
BLOG VIEW: If Mitt Romney is going to be the Republican nominee for president, he will need to do a much better job...
Eviction Edicts: The PTFA Undergoes Further Refinement
REQUIRED READING: As both the nation and the mortgage servicing industry continue to adapt and evolve in the wake of a challenging period...
Greenwich Financial CEO Outlines Market Fixes In ‘Way Too Big To Fail’
PERSON OF THE WEEK: Since the financial crisis broke out, William A. Frey, CEO and founding partner of Connecticut-based Greenwich Financial Services LLC,...
Does The White House Hate Richard Cordray?
BLOG VIEW: Last week, the Consumer Financial Protection Bureau (CFPB) added eight new officers to fill its senior leadership rank. This personnel news...
Ed DeMarco Offers Insight Into The Future Of Housing Finance
WORD ON THE STREET: The decision to place the government-sponsored enterprises (GSEs) into conservatorship proved to be appropriate, accomplishing the federal government's primary...
Will Your Appraisals Pass The Test?
REQUIRED READING: Do you remember the children's game musical chairs? When the music stopped, nobody wanted to be left standing with no chair....
Is There Job Security In Mortgage Banking?
REQUIRED READING: With unemployment stuck above the 9% range and the national economy still far removed from a comfortable level of post-recession stability,...