The CFPB's push to cut off lenders’ ability to include clauses prohibiting borrowers and bank account holders from filing or joining class action lawsuits in their contracts comes with a price.
Read More »Fannie Mae’s Portfolio Gets a Little Less Delinquent
Wall Street has figured in another billion-plus dollar non-performing loan (NPL) sale for one of the GSEs.
Read More »Freddie Mac Keeps Making Taxpayers’ Load Lighter
While the conservatorships continue, so do the Enterprise’s initiatives to ease the risk for taxpayers by further involving investors in the private capital market.
Read More »The Week Ahead: The Certain Future of Existing Sales
Although the market may be facing challenges such constrained inventory and home price appreciation outpacing wage growth, existing-home sales have a bright future ahead, according to industry economists. Where will existing-home sales land this week?
Read More »The Mortgage Market’s Best Kept Secret
There is one growing sector of the housing market that often flies under radar of industry attention: the rural housing market. But it's definitely making some noise now.
Read More »Another Bank Settles False Claims Act Allegations
M&T Bank Corp., agreed to pay the U.S. to resolve claims that it violated the False Claims Act by knowingly originating and underwriting single-family mortgage loans insured by the FHA that did not meet the mortgage insurer's requirements.
Read More »Title Companies Navigate Murky TRID Waters
Lenders and servicers are not the only ones finding themselves wading through the murky waters of regulatory compliance. Recent rule changes germinating in the mortgage industry have shaken up business as usual at title and escrow companies. Editor's note: This select print feature appears in the May 2016 edition of MReport magazine.
Read More »Which Housing Markets are Most Affordable?
As mortgage interest rates continue to remain at historical lows and home prices stay on favorable ground, housing affordability followed these trends with an increase in the first quarter of 2016.
Read More »The New Way to Qualify for an SFR Investor Loan
In order to achieve lower default rates on single-family rental investor loans, many single-family rental loan originators have enhanced their underwriting criteria. What changes did they make?
Read More »Center-Right Coalition Urges GSE Reform
Most everyone agrees that the conservatorships need to end, but cannot agree on how. What did a conservative coalition propose as the solution?
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