CFPB Expands, Clarifies Rules Related To Foreclosure
The Consumer Financial Protection Bureau (CFPB) is proposing numerous new rules for mortgage servicers to ensure that - in the words of CFPB Director Richard  [read more]
Fri, 21 Nov 2014 17:29:28 -0500
Black Knight: Mortgage Delinquency Rate Falls To Seven-Year Low
The U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure) fell to 5.44% of all loans in October, a  [read more]
Fri, 21 Nov 2014 10:43:56 -0500
GSEs Update Their Rep And Warranty Frameworks
To help ease lender concerns related to loan buybacks - which in theory should spur lenders to relax their self-imposed overlays and free up more  [read more]
Thu, 20 Nov 2014 18:15:23 -0500
Ellie Mae: Refinances Increased 4% In October On Lower Rates
The refinance share of mortgage volume flowing through Ellie Mae's loan origination system jumped to 40% of all transactions in October, up from 36% in  [read more]
Thu, 20 Nov 2014 15:20:31 -0500
Ocwen Re-Launches Free Loan-Level Database
Ocwen Financial Corp. has re-launched its free database of loan-level data for the mortgages it services in private label mortgage-backed securities (MBS). The database, powered  [read more]
Thu, 20 Nov 2014 12:41:56 -0500
RealtyTrac: Fewer Homes Flipped In Q3
The home flipping trend continued to slow in the third quarter, as home prices continued to rise, according to RealtyTrac's U.S. Home Flipping Report. The  [read more]
Thu, 20 Nov 2014 11:24:45 -0500
NAR: Existing-Home Sales Increased 1.5% In October
Existing-home sales reached a seasonally adjusted annual rate of 5.26 million in October, an increase of 1.5% from an upwardly revised 5.18 million in September,  [read more]
Thu, 20 Nov 2014 11:03:55 -0500
The Right Product At The Right Time
BLOG VIEW: Albert Einstein was once quoted as saying that the definition of insanity is "doing the same thing over and over again and expecting  [read more]
Thu, 20 Nov 2014 00:00:00 -0500
MBA: Purchase Application Volume Jumped 12% (On An Adjusted Basis)
Mortgage application volume increased 4.9% during the week ended Nov. 14, compared to the previous week, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage  [read more]
Wed, 19 Nov 2014 16:31:36 -0500
Jennifer Miller: Lenders Have Stepped Up Due Diligence Of AMCs
PERSON OF THE WEEK: Jennifer Miller is president of the mortgage solutions division at a la mode inc., a provider of software solutions to the  [read more]
Wed, 19 Nov 2014 15:27:30 -0500
PRIA: Two-Thirds Of County Recorders Now Have E-Recording In Place
If you think a lack of technology adoption among the many rural country recorders' offices is what's slowing adoption of the e-mortgage, you better think  [read more]
Wed, 19 Nov 2014 00:00:00 -0500
MBA Launches Private Healthcare Exchange For Members
To help its member companies hold down the cost of health insurance and other benefits to their employees, the Mortgage Bankers Association (MBA) has launched  [read more]
Tue, 18 Nov 2014 15:01:54 -0500
NAHB: Home Builder Confidence Rises In November
After falling five points in October, builder confidence in the market for newly built single-family homes recovered most of that ground in November, rising four  [read more]
Tue, 18 Nov 2014 13:45:38 -0500
Freddie Mac: Housing Market Will Improve In 2015
Freddie Mac is forecasting that the U.S. housing market will improve in 2015 - but that doesn't necessarily mean it will be a better year  [read more]
Tue, 18 Nov 2014 12:46:28 -0500
CFPB To Lenders: Don't Discriminate Against Recipients Of Disability Income
The Consumer Financial Protection Bureau (CFPB) has issued a bulletin reminding lenders not to discriminate against borrowers who are receiving Social Security disability income. Under  [read more]
Tue, 18 Nov 2014 00:00:00 -0500