Squatters: The New-Old Problem That Won’t Go Away
BLOG VIEW: In the ever-evolving world of mortgage default servicing, there is an erroneous belief that the recent proliferation of "squatters" invading vacant, abandoned properties  [read more]
Thu, 31 Jul 2014 13:44:27 -0400
FHFA: Mortgage Interest Fell In June
Mortgage interest rates fell about five basis points on average in June compared to May, according to the Federal Housing Finance Agency's (FHFA) Monthly Interest  [read more]
Thu, 31 Jul 2014 12:49:12 -0400
CoreLogic: Foreclosure Rate Inched Up In June, But Down 9.9% YOY
There were about 49,000 completed foreclosures nationwide in June - a 2.7% increase compared to the 48,000 reported in May but down 9.9% from the  [read more]
Thu, 31 Jul 2014 11:11:22 -0400
Steve Wiser: For Lenders, Automation Is A Path To Profitability
PERSON OF THE WEEK: Steve Wiser is president of Specialized Business Software, a provider of custom software solutions for insurance, mortgage and financial services companies,  [read more]
Thu, 31 Jul 2014 00:00:00 -0400
FHFA Extends Deadline For Input On G-Fees
The Federal Housing Finance Agency (FHFA) has extended the deadline for its request for input on the guarantee fees (g-fees) that Fannie Mae and Freddie  [read more]
Wed, 30 Jul 2014 15:33:12 -0400
MBA: Mortgage Application Volume Fell Again Last Week
Total mortgage application volume decreased 2.2% for the week ending July 25 - however, purchase application volume increased slightly compared to the previous week, according  [read more]
Wed, 30 Jul 2014 15:32:58 -0400
Super-Jumbo Market Booming
Mortgage lenders are reportedly seeing a surge in demand for super-jumbo mortgages from wealthy home buyers who are taking advantage of historically low rates, while  [read more]
Wed, 30 Jul 2014 15:32:03 -0400
Report Lambastes Servicers For Doing Poor Job With HAMP
The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) has issued a report sharply criticizing mortgage servicers for failing to  [read more]
Wed, 30 Jul 2014 15:28:43 -0400
How CRM Systems Can Drive Both Business And Compliance
BLOG VIEW: As the mortgage market shifts from refinance to purchase, the profitability, perhaps even viability, of many firms will depend on how quickly lenders  [read more]
Wed, 30 Jul 2014 15:27:17 -0400
Fed To Keep Tapering; Final Reduction Expected This Fall
Citing that labor market conditions continue to improve and that inflation hasn't yet reached the 2% threshold, the Federal Reserve will continue to taper its  [read more]
Wed, 30 Jul 2014 00:00:00 -0400
FHFA May Soon Unveil GSEs' Plan For Single Common Security
The Federal Housing Finance Agency (FHFA) may soon be unveiling its plan for getting government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to issue a  [read more]
Tue, 29 Jul 2014 21:57:08 -0400
MountainView Offering $2.5 Billion Fannie And Freddie MSR Portfolio
MountainView Servicing Group reports that it is facilitating the sale of a $2.5 billion Freddie Mac and Fannie Mae mortgage servicing rights (MSR) portfolio.  [read more]
Tue, 29 Jul 2014 12:57:49 -0400
S&P/Case-Shiller: Home Prices Rose 1.1% In May
Home price appreciation continued to slow across the U.S. in May, rising just 1.1% compared to April - the smallest gain since February of last  [read more]
Tue, 29 Jul 2014 12:18:06 -0400
Cats And Dogs: Agents And Field Service Companies Need To Work Together
BLOG VIEW: Having more than 20 years of experience as a real estate agent and broker - 16 of which have been focused on the  [read more]
Tue, 29 Jul 2014 11:21:35 -0400
New American Funding Signs Up For Black Knight's MSP
In order to move its mortgage loans from its current subservicing provider to be serviced in-house, New American Funding has signed up for a five-year  [read more]
Tue, 29 Jul 2014 00:00:00 -0400