Mortgage Experts: FHA Rate Cut Comes At Perfect Time
The cut comes at a good time, from “both a market perspective and in looking at the stability of the MMI Fund.”
Will 2017 Be As Disruptive As 2016 Was For Mortgage Lending?
Mortgage execs reflect on a year of disruption and predict what 2017 holds for the industry.
Experts: Elimination Of Mortgage Interest Deduction Would Hurt Housing
"To attempt now to eliminate the deduction will only impose a heavy anchor that drags down this vital economic sector."
A New ‘Vision’ For Turning Renters Into Homeowners
Company seeks to help lenders and servicers more quickly offload their distressed assets.
Recent Ruling In Florida Allows Mortgage Lenders To Reopen Foreclosure Cases
Ruling in Bartram case means mortgage lenders can now refile foreclosure actions against borrowers who won foreclosure cases more than five years ago.
A Question Of Timing: Should The FHA Reduce Mortgage Insurance Premiums?
With a new administration entering the White House come January, many are wondering, is now the right time?
How Might A Trump Presidency Impact The Mortgage Industry?
Will a Trump presidency result in a significant rollback of current regulations?
If It’s Not Broken – Oh Wait, It Is Broken
Industry experts say GSE reform needs to happen, but it probably won’t happen anytime soon.
Will Recent Efforts To Defang The CFPB Succeed?
A proposed House bill and a lawsuit are among the recent efforts to dismantle Dodd-Frank.
Start-Up Aims To Bring MBS To The Retail Market In A ‘Whole New Way’
Basically, the firm is doing the "polar opposite of what the banking industry has been doing for many years."
Fanniegate, The Sequel, Gets Two Thumbs Down
Courts dismiss two more shareholder lawsuits, but more are outstanding.
The URLA Gets A Facelift, Part Deux
Starting on Jan. 1, 2018, lenders are to begin using the newest version of the Uniform Residential Loan Application.
The URLA Gets A Facelift
Industry experts weigh in on recent changes to Fannie Form 1003/Freddie Form 67.
Twinkies Made A Comeback, Can Ocwen?
The non-bank servicer is on an arduous path to returning to profitability.
Proposed TRID Updates: Setting The Stage For Increased Enforcement?
"I know there will be continued pressure on the CFPB to address the issues of secondary market liability and additional cure mechanisms." ~Michael Cremata
Proposed TRID Updates: Frustration That CFPB Won’t Address ‘Cure’ Provisions
To quell investor concerns over defects, the industry wants the CFPB to lengthen the cure period for errors, clarify what errors can be cured and provide more formal guidance on liability.
Mortgage Industry Reacts To Proposed Updates To TRID
"The proposed rule from the CFPB shows it is working hard to respond to the feedback it has received from the industry."
Where Are Your LOs Hiding?
Through its new LO referral program, TD Bank's LOs are taking "a more active role in driving the pipeline."
David Sohm: Data Integrity And Automation Go Hand In Hand
"We see automation as a path to becoming more efficient and cost-effective."
Smooth Launch For FHA’s EAD Portal
As of June 30, more than 115,000 appraisals had been received electronically - and the daily volume of appraisals uploaded electronically grows exponentially every week.