Regulators Approve Final QRM Rule
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]
Wed, 22 Oct 2014 16:55:59 -0400
MBA: Applications For Refinances Jump 23% On Lower Rates
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]
Wed, 22 Oct 2014 16:21:57 -0400
Williams & Williams Expands Foreclosure Auction Options
Williams & Williams Real Estate Auction says it has expanded its foreclosure auction program for lenders and servicers in the U.S. Following a successful pilot  [read more]
Wed, 22 Oct 2014 13:37:57 -0400
Fiserv Adds Document-to-Document Comparisons To LoanComplete
Financial services technology solutions provider Fiserv Inc. says the Comparalytics module within its LoanComplete suite now compares documents to any and all other documents associated  [read more]
Wed, 22 Oct 2014 00:00:00 -0400
Castro To Lenders: 'Let's Work Together'
In his second 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]
Wed, 22 Oct 2014 00:00:00 -0400
MBA Forecasts What Next Year Holds For Originations
The Mortgage Bankers Association (MBA) says it is expecting to see $1.19 trillion in mortgage originations during 2015 - a spike of 7% from the  [read more]
Tue, 21 Oct 2014 17:09:04 -0400
Fannie Mae Rolling Out New Appraisal Tool For Lenders
Government-sponsored enterprise (GSE) Fannie Mae has announced a new appraisal analysis application for lenders, Collateral Underwriter, which will be available early next year. Fannie Mae  [read more]
Tue, 21 Oct 2014 15:52:10 -0400
Privacy Disclosure Rule Now Finalized By The CFPB
The Consumer Financial Protection Bureau (CFPB) has finalized a rule to promote more effective privacy disclosures from financial institutions to their customers. The new rule,  [read more]
Tue, 21 Oct 2014 15:51:46 -0400
One Of Five Appraisals Has Value Less Than Contract Price, Says Platinum Data
More than 17% of appraisals on purchase transactions have a value less than the value of the contract price - possibly indicating that home values  [read more]
Tue, 21 Oct 2014 15:38:13 -0400
FHFA Clarifies Rep And Warranty Framework
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]
Tue, 21 Oct 2014 00:00:00 -0400
The Walking Homestead
BLOG VIEW: One would think that as the nation's real estate market improves from the 2008 economic meltdown, neighborhoods would be back to normal. Unfortunately,  [read more]
Tue, 21 Oct 2014 00:00:00 -0400
Fannie Mae Names Brooks To EVP, General Counsel, Corporate Secretary
Fannie Mae has appointed Brian P. Brooks - who has over 20 years of legal and business expertise - executive vice president (EVP), general counsel  [read more]
Tue, 21 Oct 2014 00:00:00 -0400
Ellie Mae Reaches New Milestone For Encompass Technology
Software solutions provider Ellie Mae says it has reached a major milestone: 100,000 active users of its Encompass mortgage management solution. The Encompass all-in-one mortgage  [read more]
Mon, 20 Oct 2014 16:12:37 -0400
Churchill Mortgage Touts Surge In Year-Over-Year Purchase Volume
Citing a prevalence of increasing home buyer demand, Churchill Mortgage says its purchase volume increased 49% year over year from April to September. Last year,  [read more]
Mon, 20 Oct 2014 16:12:19 -0400
Allstate Appraisal, Bradford Technologies Launch Valuation Express
Allstate Appraisal, a valuation and review services company, and Bradford Technologies, a provider of computer-aided appraising technology, have introduced Valuation Express, a desktop appraisal product  [read more]
Mon, 20 Oct 2014 00:00:00 -0400