Wed, Jun 8 2011, 11:14 AM
Fun with numbers...In the 2010 Census, for
you reverse mortgage lenders, seven states had a median age of 40 or older:
Maine (42.7), Vermont (41.5),...
Tue, Jun 7 2011, 9:54 AM
How long have you had
your bank account? 5 years - not bad. 10 years - good. 20 years - a loyal
customer. How about since before WWI: DoesThatCome...
Tue, May 17 2011, 12:08 PM
Sometimes you think
things are one way, and they turn out to be different. Just ask Maria Shriver,
who found out about Arnold Schwarzenegger and a l...
Wed, May 11 2011, 10:52 AM
Regardless of what my kids say,
this commentary hasn't been around long enough to have ever been written by
candlelight. But starting next year I wi...
Tue, May 10 2011, 10:31 AM
Yesterday
I went through denial, anger, bargaining, depression, and acceptance - which
are now the 5 stages of buying gas.
Incidents of mortga...
Fri, May 6 2011, 10:37 AM
The driving force behind Mother's
Day was Anna Jarvis, who organized observances in Grafton, W.Va., and
Philadelphia on May 10, 1908. As the annual ...
Thu, May 5 2011, 10:42 AM
Cinco de Mayo does not mark the
discovery of tequila, but instead celebrates the legendary Battle of Puebla on
May 5, 1862, in which a Mexican force...
Thu, Apr 28 2011, 10:32 AM
Fun with
numbers: Freddie Mac's mortgage delinquencies on single-family homes declined
in March from both month- and year-earlier levels. March's de...
Wed, Apr 13 2011, 12:09 PM
Freddie Mac has released its April 2011 Economic Outlook .
Below is a copy of the text. We have taken the liberty of calling attention to a few...
Thu, Mar 24 2011, 11:37 AM
Effective
April 1, servicers managing Freddie Mac loans will no longer be allowed to
foreclose on properties in the name of Mortgage
Electronic Reg...
Wed, Mar 16 2011, 10:34 AM
Lenders that act as both mortgage brokers and mortgage bankers need to pay
attention to this recent court ruling, noted by law firm BuckleySandler .
...
Wed, Feb 16 2011, 11:06 AM
The jumbo market is taking baby steps in the right direction. Redwood Trust Inc .
is marketing a $280 million residential mortgage-backed security,...
Thu, Feb 10 2011, 9:55 AM
The latest comp news comes from the National Association of Mortgage
Brokers (NAMB), which, through a call-in campaign, apparently has
spurred on ...
Wed, Feb 9 2011, 10:50 AM
Some confusion and conjecturing may end on Friday, when the plan for Freddie and Fannie are presented ...
"U.S.
Treasury Secretary Timothy F. G...
Fri, Jan 28 2011, 10:26 AM
We're on to Part IV of the LO compensation series, noting the Fed's
responses to the MBA's questions. Remember that company's individual
policies ...
Tue, Jan 25 2011, 12:14 PM
Fannie and Freddie Foreclosure Inventory Over 240,000 Properties; Fed Responds to Originator Comp Questions; NMLS Uniform Licensing Forms
Thu, Jan 20 2011, 10:59 AM
Realtor Influenced Settlement Costs; The Future of Fannie and Freddie; New Mortagee Letters; Wells Fargo Q4 Loan Production
Wed, Jan 19 2011, 9:57 AM
Freddie Mac Eliminates Streamline Refi Product; Wells Fargo & U.S. Bank Earnings Recap; Plan B for 2011; Lender Bulletins
Wed, Dec 22 2010, 10:50 AM
The "Urgent Need" for National Servicing Standards; CRA Definitions Updated; Freddie Mac Delinquency Data; Basel III Not Too Bad?
Wed, Dec 1 2010, 12:13 PM
If rolling 30 day lates have evolved into a Notice of Default and you are counting down the days until you are "served" with a request to vacate the p...
Wed, Nov 24 2010, 12:15 PM
Lender "Skin in the Game"; More on Freddie's Fee Increase; New Mortgagee Letters; Sponsored FHA Originators; Investor Bulletins
Tue, Nov 23 2010, 11:52 AM
Freddie Mac Hikes Fees on Higher Risk Loans; DU 8.2 Update Coming Soon; Fraud in the Mortgage Business; Free Refi Offer from Chase?
Fri, Nov 19 2010, 10:04 AM
JPM Offloads Chunk of Servicing; HUD's Good Neighbor Next Door; Ambac Buyback Claims; Freddie Appraisal Quality; DU Version 8.2
Thu, Nov 4 2010, 10:58 AM
Freddie Mac Reports $2.5 Billion Q3 Loss; GMAC Increases Govie FICO LLPAs; Treasury Debt Issuance Ahead; Loan Shops Hiring
Wed, Nov 3 2010, 11:02 AM
FinReg Reform and Basel III Compliance; Freddie Mac Cuts Ties to Florida Law Firm; Radian Posts Profit; QEII Time
Wed, Oct 20 2010, 10:19 AM
Freddie Mac's Rate Survey; FRBNY Suing BofA; Loan Buybacks; NMLS & Credit Reports; FHA Training; Wells Fargo Earnings
Fri, Sep 17 2010, 10:30 AM
More USDA Rural Housing Confusion; Fannie and Freddie Cost Estimates; FHA High Loan Balance Max DTI; Homeowner Outlook
Thu, Sep 16 2010, 12:06 PM
Originator Compensation Conference Call; Reducing Fraud with Freddie; AOTs vs. Direct Trades; Fannie Mae Econ Outlook; New Relock Policies
Wed, Sep 15 2010, 9:52 AM
FHA Underwater Refi Option; MBS Issuance; TBW & Freddie Mac Relief Open Access; Wells Buying USDA Product; PHH and JP Morgan Loan Purchase Agreement;
Fri, Sep 3 2010, 10:26 AM
Banks Prefer Cash Buyers in REO Sales; Freddie Mac Streamline Refi Program; Originator Capacity Constraints; Comments on Property Flipping
Tue, Aug 17 2010, 11:13 AM
Reg Z Rules and Proposals Galore from the Fed; Closing Costs Higher; Freddie Gives Clients "Greater Flexibility"; Fannie Discusses Hardships
Fri, Aug 13 2010, 2:26 PM
Freddie Mac will ask the Treasury Department for another 1.8 billion to shore up its finances after a loss of $6 billion during the second quarter of ...
Tue, Jul 27 2010, 1:31 PM
Buyback Risk Locks Some Borrowers Out of Refi Market; Jawboning on Fannie and Freddie; Anecdotes from the Trenches; Correction on HARP; Treasuries vs....
Mon, Jul 26 2010, 9:56 AM
Lots of Investor Updates; Fannie HARP vs. Freddie HARP; Originator Rankings: Wells, BoA, Chase, GMAC, Citi...
Mon, Jul 19 2010, 11:57 AM
Fannie & Freddie Better Together?; Plenty of Investor Updates; Broker Compensation Bill Opinion;
Fri, Jun 25 2010, 11:56 AM
Delinquencies in the Freddie Mac mortgage portfolio appear to be leveling off according to the monthly volume summary released today. The portfolio s...
Wed, Jun 16 2010, 11:32 AM
Under orders from their conservator, Freddie Mac and Fannie Mae will begin the necessary process of delisting their common and preferred stocks from t...
Wed, Jun 16 2010, 11:27 AM
Signs of Life in the Non-Agency Mortgage Market; Housing Supply Shortage?; HUD's Final Rule; Fannie & Freddie Delisted; Apps Rise
Wed, Jun 2 2010, 1:01 PM
Flood Insurance Update; USDA Conditional Commitments; Originator Jobs; News From Fannie & Freddie, Citi, SunTrust, Guild, Mountain West, USB
Wed, May 26 2010, 11:50 AM
Perspective on Fannie & Freddie's UMDP; Flood Insurance Expiration; Fed's Credit Card Website; More Lender Updates!
Thu, May 6 2010, 10:43 AM
Plethora of Job Openings for Originators; Negative Convexity Explained; Clean Energy Loans; Freddie Mac Earnings
Thu, May 6 2010, 2:29 PM
After three quarters in which it managed to be more or less self-sufficient, Freddie Mac released its financial reports for the first quarter of 2010 ...
Mon, May 3 2010, 2:21 PM
According to the Monthly Volume Summary issued by Freddie Mac, the mortgage related investment portfolio skyrocketed, increasing by an annualized rate...
Fri, Apr 23 2010, 9:54 AM
Freddie Mac announced on Thursday that servicers will soon be required to submit all requests for reimbursements through a web based system that will ...
Wed, Apr 14 2010, 10:42 AM
How FICO Scores Are Calculated; Chatter from the Trenches; JP Morgan Chase Earnings; Updates: Wells, Freddie, Provident, Citi, USB
Fri, Apr 2 2010, 10:36 AM
FDIC Finds Buyer for $491 Million in RMBS; Freddie Selling Foreclosed Homes; Flood Insurance Directives; Condo News
Thu, Apr 1 2010, 10:54 AM
Freddie Mac's February Volume Summary, released on Thursday, shows that the value of both the corporations total portfolio and its investments portfol...
Wed, Mar 24 2010, 9:53 AM
New FHA Compliance Manager; Long Road of Housing Reform Ahead; Short Sale Primer; PMI Freddie Mac Approved; FHA Delinquencies, Broker Pricing Opinions...
Fri, Mar 12 2010, 10:43 AM
If you want to sell Freddie Mac an interest only loan, the application must be dated prior to June 13, 2010 and you better get LP approval before then...
Fri, Mar 12 2010, 9:42 AM
Loan Officers Who Sell Real Estate; Wells Expands Market Making in Mortgage-Backeds; FDIC Acts on a Thursday; Freddie Mac Bulletin
