Content Category: Required Reading
Regulators Approve Final QRM Rule
on Wednesday October 22 2014 by MortgageOrb.com print the content item
Federal regulators on Tuesday approved a final, softened version of the Qualified Residential Mortgage (QRM) rule that requires lenders to retain a 5% stake in [read more]
MBA: Applications For Refinances Jump 23% On Lower Rates
on Wednesday October 22 2014 by MortgageOrb.com print the content item
Mortgage application volume increased 11.6% during the week ended Oct. 17, with most of that growth coming from a sharp rise in applications for refinances, [read more]
Castro To Lenders: 'Let's Work Together'
on Wednesday October 22 2014 by MortgageOrb.com print the content item
In his third major speech since becoming secretary of the U.S. Department of Housing and Urban Development (HUD) in July, Julian Castro told attendees of [read more]
FHFA Clarifies Rep And Warranty Framework
on Tuesday October 21 2014 by MortgageOrb.com print the content item
In the hope of freeing up more mortgage credit for consumers, the Federal Housing Finance Agency (FHFA), overseer of government-sponsored enterprises (GSEs) Fannie Mae and [read more]
HUD Awards $38.3 Million To Fight Housing Discrimination
on Wednesday October 15 2014 by MortgageOrb.com print the content item
The U.S. Department of Housing and Urban Development (HUD) has awarded $38.3 million to more than 100 fair housing organizations and other nonprofits to help [read more]
Study: Student Loan Debt Impacting Mortgage Market
on Monday October 13 2014 by MortgageOrb.com print the content item
Americans ages 20 to 29 saw their student loan debt become a much larger percentage of their overall debt during the past decade - from [read more]
Wingspan Lays Off Employees At Two Call Centers
on Wednesday October 08 2014 by MortgageOrb.com print the content item
With delinquencies and foreclosures dropping precipitously, it would make sense that default servicers would need to scale back their operations. Not only that, but the [read more]
Fannie Mae: Consumer Attitudes Toward Housing Rebounded In September
on Tuesday October 07 2014 by MortgageOrb.com print the content item
After declining the previous two months, consumer attitudes toward the housing market returned to "modestly positive" in September, according to Fannie Mae's National Housing Survey, [read more]
Black Knight: Average Loan Age Reaches High Of 54 Months
on Monday October 06 2014 by MortgageOrb.com print the content item
Because origination volume has been declining steadily during the past five years (2013 being an exception), the average age of a mortgage has been rising [read more]
Ben Bernanke 'Unsuccessful' In Getting Mortgage Refinancing
on Friday October 03 2014 by MortgageOrb.com print the content item
Ben S. Bernanke is having a hard time refinancing his home loan, the former Federal Reserve chairman reportedly said on Thursday during a conference of [read more]
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