Do you think CFPB TRID changes will heal mortgage market pain?
Housing Wire - By Brena Swanson The Consumer Financial Protection Bureau TRID rule is finally up for revisions after industry cries for changes and clarifications. However, despite the resounding call...
View ArticleNational Association of Realtors pushes CFPB for TRID changes
Housing Wire - By Ben Lane The Consumer Financial Protection Bureau notified the housing industry earlier this year that it planned to make some changes to the much-discussed TILA-RESPA Integrated...
View ArticleThe Risk Involved With GSE Credit Risk Transfer
DS News - By Brian Honea While the GSEs remain in conservatorship and taxpayers remain on the hook for mortgage credit risk, the Enterprises have been transferring a portion of credit risk on...
View ArticleSpeed and Information Are Reshaping the Mortgage Business
Scotsman Guide - By Paul Cleary Information is more accessible today than ever before, and it is being delivered with increasing swiftness. Data that used to be available only after time-consuming and...
View ArticleThe Fed leaves benchmark interest rate unchanged
Scotsman Guide - By Victor Whitman As widely expected, the Federal Reserve left its benchmark interest rate unchanged following the July meeting of its Federal Open Market Committee (FOMC), but its...
View ArticleNew Post-HAMP Relief Solutions Proposed
DS News - By Scott Morgan The Consumer Financial Protection Bureau (CFPB) has proposed a set of consumer protection principles to guide mortgage servicers, investors, government housing agencies, and...
View ArticleFHFA drops language question
Scotsman Guide - By Victor Whitman Following heavy opposition from the mortgage industry, the regulator of Fannie Mae and Freddie Mac has backed out of its plan to include a language-preference...
View ArticleFannie Mae: Economic rebound on the way for second half of 2016
Housing Wire - By Kelsey Ramirez Despite the disappointing economic growth in the second quarter, the remainder of the year will bring a rebound, Fannie Mae predicted in its August 2016 Economic and...
View ArticleHousing industry’s biggest trade groups push FHA to reconsider PACE rules
Housing Wire - By Ben Lane Last month, the Department of Housing and Urban Development and the Federal Housing Administration announced that the FHA will soon begin insuring mortgages that also carry...
View ArticleHARP extended through September 2017
Scotsman Guide - By Victor Whitman The regulator of Fannie Mae and Freddie Mac will extend for nine months the Recession-era HARP program designed to help underwater homeowners refinance. The Federal...
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