MortgageOrb

FHFA Submits Plan Envisioning GSE Drawdown, 'Market Of The Future'

on 22 Feb 2012 by Michael Bates

The agency says a revamped secondary market must take shape, but congressional inaction is a major stumbling block.

Storied CRE Firm Declares Bankruptcy
Feb. 22, 2012
Grubb & Ellis Co., once one of the nation's largest commercial real estate firms, has initiated Chapter 11 bankruptcy proceedings in New York and agreed to sell the majority of its assets to BGC Partners Inc. The company says [read more]

What Can The Industry Learn From The VA Mortgage Program?
by Andrew Peters, Feb. 22, 2012
REQUIRED READING: There are many unanswered questions that arose from the subprime mortgage crisis and subsequent foreclosure surge - the most crucial one being, "How can we prevent such a historical downturn from happening again in the future?" Too [read more]

News

GCC Servicing Systems Releases New G/SERV User Interface
Feb. 22, 2012
Mortgage servicing technology provider GCC Servicing Systems has introduced an updated user interface for its G/SERV loan servicing platform. The company says the notable [read more]

ISGN Rolls Out LoanGPS Mortgage Workflow Platform
Feb. 22, 2012
ISGN Corp. has introduced LoanGPS, a mortgage processing engine and workflow tool designed to enhance the company's processing of outsourced mortgages for third parties. [read more]

Decision Ready Debuts RADAR Tech For Asset Management
Feb. 22, 2012
Decision Ready, a provider of default servicing compliance solutions, has released RADAR, a technology designed to assist asset managers in the disposition of defaulted [read more]

From The Orb

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FYI

Jennifer Fortier: Time To Be Entrepreneurial
by Phil Hall, Feb. 21, 2012
PERSON OF THE WEEK: This may seem like a very challenging time to start a new business in the mortgage banking industry, but don't tell that to Jennifer Fortier. [read more]

From Audacity To Mendacity
by Phil Hall, Feb. 20, 2012
BLOG VIEW: In announcing the Feb. 9 shakedown - whoops, sorry, settlement - between the nation's five major banks and a coalition of federal and state government agencies, President [read more]

Obama: We Need To Expand Federal Housing Policy
by President Barack Obama, Feb. 17, 2012
WORD ON THE STREET: In my State of the Union, I laid out my blueprint for an economy that's built to last. That was a long speech - I'm [read more]

What To Consider When Hiring A Commercial Real Estate Developer
by Ryan Regina, Feb. 16, 2012
REQUIRED READING: In today's turbulent economy, any organization looking to start a new construction project faces certain challenges. Choosing the right commercial real estate developer and designer/builder can make [read more]

A Hedger's Guide To ARM Price Discovery
by Bob Gundel, Feb. 15, 2012
REQUIRED READING: Notwithstanding recent market volatility and a drop in rates, many secondary marketing managers have contemplated the possibility of higher adjustable-rate mortgage (ARM) production. Eventually, the yield curve [read more]