Call It A Comeback: Why Lenders Should Reconsider Using AVMs
After falling out of favor with mortgage lenders following the recession, AVMs are now seeing increased use again, mainly because the technology has improved drastically.
Gagan Sharma: As Rates Rise, Servicers Must Stand Ready To Mitigate Foreclosure Risk
From a servicer perspective, the most important strategy to mitigating risk is to reach out to the borrower as early as possible.
Is The MBA’s GSE Reform Proposal ‘The One’?
With the Trump administration in the White House and a Republican-controlled Congress, it could be argued that the time has never been so ripe for GSE reform to finally happen.
Will That Be Plastic Or Plywood? The New Trend In Blight Control
Fannie Mae changes a rule about securing vacant properties, but experts say blight control is about more than covering windows.
Economists: Weak Jobs Report Not Likely To Impact Housing Market
A return of winter weather that affected the construction segment, plus sharp job losses in the retail sector, caused the March jobs report to come in much lower than expected.
Standard Versus Custom Integration: In Mortgage, It All Depends
It's a challenging philosophical question - but fortunately, there's plenty of middle ground.
Quicken Loans’ Small Victory Might Not Be That Small
The industry is watching as the lender fights back against the U.S. Department of Justice.
Will Economic Uncertainty Derail The Housing Recovery?
Uncertainty in connection with the Trump administration's policies and proposals is yet to have an impact on consumers' psyches.
Industry Reacts To President Trump’s Proposed $6 Billion Cut To HUD Budget
Mortgage industry professionals are basically polarized when it comes to the Trump administration's proposal to cut HUD's funding by 14%.
Melanie Cornelius: The Only Constant In Mortgage Servicing Is Change
Will mortgage servicers view the next round of regulatory change as a new opportunity?
CFPB: Consumer Complaints Help Us Decide Where To Send Examiners
A bureau official says complaints are weighted "more substantially when considering how to prioritize our examination resources."
Opinions Are Free, But GSE Reform Will Likely Be Expensive
The Mortgage Bankers Association and others weigh in on what might happen with Fannie Mae and Freddie Mac.
How Will Housing Fare In 2017? Please Ask Later
Industry experts say 2017 will be a good year for home sales - but this year, there are more "unknowns" than usual.
Republicans Put Richard Cordray’s Job On The Chopping Block
Rolling back or replacing Dodd-Frank is "likely to inspire and encourage more mortgage banking start-ups," some in the mortgage industry say; however, any dismantling could result in confusion in the short term.
Carrington’s Ray Brousseau: Serving Underserved Market Has Been ‘Very Fulfilling’
Fast-growing Carrington Mortgage expects to see its origination volume grow by at least 50% in 2017.
Reversal Of FHA Rate Cut May Help More Than Hurt
Some assert that the Trump administration's indefinite suspension of the FHA's pending premium cut "is good news for both first-time home buyers and taxpayers."
How Will Rising Rate Environment Impact Mortgage Servicing?
Unlike the origination side, most people on the servicing side are saying rising rates will help more than they will hurt.
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."