Both HUD and FHFA have recently made changes to their distressed loan sales aimed at improving borrower outcomes. But for some housing advocates, it hasn't been enough.
Read More »Mortgage Credit Access Reverses Course
Credit availability in the mortgage industry increased slightly in the fourth quarter, reversing a long-time downward trend over the last four quarters.
Read More »The Truth About the GSE Profit Sweep
A federal judge unsealed documents related to Fairholme Funds’ lawsuit against the government over the sweeping of GSE profits into Treasury that may be undermining to the government’s position.
Read More »Appraiser, Homeowner Values Remain Disparate
Homeowner optimism is continuing to outpace that of actual property appraisal values, according to a report from Quicken Loans.
Read More »Are Private Investors Saying Goodbye to the Market?
As housing is inches closer to fair value due to rising home prices and distressed properties for sale continue to decline, private investors are finding it harder to find ...
Read More »The TRID Effect on Lender Securitizations
The implementation of the CFPB's TILA-RESPA Integrated Disclosure rule brought a number of both changes and headaches for originators, but what will be the impact on loan securitizations?
Read More »GAO: Nonbank Servicers Need More Oversight
Nonbank servicers are now servicing nearly a quarter of all residential mortgage loans in the country. What does the Government Accountability Office recommend should be done to increase government oversight of nonbank servicers?
Read More »Ex-Fed Adviser Suggests Major Overhaul
Former Fed adviser and economist Andrew Levin said that the Fed’s transparency and accountability are “severely deficient” and recommended some steps for reforming the central bank.
Read More »PHH Goes Toe-to-Toe With CFPB
This is a landmark case because it is the first time in the almost five-year history of the CFPB that a company has judicially challenged a penalty handed down by the Bureau.
Read More »The Emergence of the Online Personal Mortgage
Marketplace lenders, who mostly conduct their business through unsecured personal loans, are beginning to step further into the online space to offer mortgage loans to borrowers.
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