All Headlines Rob Chrisman
Rob Chrisman's Daily Commentary
For the past 10 years Mortgage News Daily has provided our readers with Rob Chrisman's daily commentary.
NEW Four Housing Issues to Watch in 2011; Quarterly NMLS Call Reports; Budget Debate Looms; BoA Buyback Resolution Feedback
NEW Loan Officer Professional Privacy Gone; New Mortgagee Letters; Covered Bonds Coming?; BoA Settles with GSEs. Allstate & MBIA Still Suing;
NEW A Poem to Sum Up the Year in Mortgage Lending
NEW FTC Blocks Loan Mod Consultants from Collecting Upfront Fees; 3Q Loan Production Stats; Florida Extends L.O Licensing Deadline; Unrealized Losses
NEW Reverse Mortgage Primer; Feedback on Originator Licensing Backlog in California; More Risk-Based Pricing Disclosure Updates
NEW Ally and Fannie Mae Agree on Loan Repurchase Resolution; HUD Violations Listed; California Behind on Originator Licensing Applications
NEW Fannie Updates CLTV LLPAs; NMLS Originator ID Reminder; Fair Credit Risk-Based Pricing Regulations; Amtrust Name Change
NEW Private Mortgage Insurance Tax Deductions Extended; ARM Disclosures Updated; Calyx Bundles LOS Services; Wells Comments on Compensation
NEW The "Urgent Need" for National Servicing Standards; CRA Definitions Updated; Freddie Mac Delinquency Data; Basel III Not Too Bad?
NEW FHA Extends Direct Endorsement Deadline. Correspondent FHA Originators Get Deadline Waiver
NEW Lender Loosens Underwriting Regs; Early Check Eligibility Tool; Loan Production Conduit Breakdown
NEW GSEs Update Loan Delivery and Appraisal Data Requirements; MERS Phase Out; Amtrust Name Change; MBA on Compensation
NEW S&P "Incorrectly Analyzed" Almost 2,000 RMBS Issues; More Originator Comp Convo; The Value of 2nd Liens; Co-op Share Loans
NEW Middle Class America Not Ready for Retirement; CALPERS Loan Program Done; More Opinions on Loan Officer Pay; Gain on Sale Up in 3Q
NEW Wells Shuts Down NorCal Operations Site; CitiMortgage Reaching Out to Consumers; DU 8.2 Implemented; Feedback from the Trenches
NEW Layoffs Loom as GSEs Prepare for Reform; Ginnie & MISMO; FHA Short Refi Program Conference Call; Lots of Lender Updates
NEW GSE Reform is Top Political Priority; Feedback on Discriminatory Lender Overlays; DU 8.2 Rollout this Weekend; Investor Bulletins
NEW FHA Condo Project Approvals Extended; Discriminatory Lender Overlays; State Level Stimulus Needed; Qualified Loan Tests
NEW Borrower Paid vs. Lender Paid Originator Compensation; Servicing Deals; Early Payoffs; LO Licensing Requirement Deadline
NEW Mortgage Firms Looking to Hire; Updates on TPO Identification Requirements; USDA Refinance Funds Exhausted Again
NEW More Comments on Originator Compensation; BoA Ready to Repay Bailout Funding; New Jumbo Product; Investor Announcements
NEW Fannie Says No to Re-Repurchases; New Appraisal Guidance; Goldman Sachs Servicing Rumor; FHA Loan Limits
NEW New Technology Helps Prevent Failed MBS Trades; Originator Commission vs.Set Salary; FICO LLPAs; NMLS Identifier
NEW Surety Bond Requirements for Bankers; Buying Real Estate with Cold Hard Cash; Feedback on Broker Business; MI Companies Report Slowdown
NEW Mortgage Industry Employment Numbers; NCRA Challenges Underwriting Overlays; RESPA & Warehouse Lending; Wells on "Qualified Loans"
NEW The Next Buyback Problem to Face the Industry; Mortgage Assistance Relief Services Rule; Home Loan Interest Tax Deductibility Feedback
NEW How the Value of the Dollar Impacts Mortgage Rates; Input on Loan Pricing Transparency; New LLPAs Passed Down; 4506-T Verification Info
NEW Lender "Skin in the Game"; More on Freddie's Fee Increase; New Mortgagee Letters; Sponsored FHA Originators; Investor Bulletins
NEW Freddie Mac Hikes Fees on Higher Risk Loans; DU 8.2 Update Coming Soon; Fraud in the Mortgage Business; Free Refi Offer from Chase?
NEW Basel III Bank Capital Shortage; Recent ARM Stats; HAMP Running Out of Applicants; High Cost Loan Limits; Investor Updates
NEW JPM Offloads Chunk of Servicing; HUD's Good Neighbor Next Door; Ambac Buyback Claims; Freddie Appraisal Quality; DU Version 8.2
NEW Even More Info on Originator Compensation; Securitization Flow Chart; Tax Deductible PMI; Bank Stress Tests Back
NEW Walkthrough of Loan Paper Transfer Process; Fed Explains Credit Scores; Fannie CFO Calls It Quits; Ginnie Mae Guarantee Stats
NEW Originator Compensation Feedback; Two New Mortgagee Letters; Flagstar Selling NPLs; Several Investor Updates; More on Buying a Bank
NEW Wholesaler Perspective on Originator Compensation; Empty Housing Units; TBW Impact on Delinquency Rates; Buying a Bank
NEW Loan Buyback Case Against BoA Hits Snag; New GSE Regulator; Chase Stuck with WAMU Lawsuit; Home Prices; Investor Update
NEW Industry Feedback: Production Statistics Are Double Counted!; USDA Funding Now Available; NAMB Petition; U.S.A. Rating Downgrade?
NEW Mid-Term Elections, Financial Reform and the Mortgage Business
NEW Double Counting Loan Production Stats? Servicing Values in Question; Terminated DE Approvals; Ginnie Net Worth Info; Principal Curtailment Compliance;
NEW Attorneys Add 2nd Liens to Cover Foreclosure Litigation Costs; Strategic Default and Common Sense Underwriting; USDA Funding Back?
NEW Non-Agency Mortgage Originations; GSEs Pay Dividend to Government; Property Flipping; Investor Updates
NEW 2nd Quarter Loan Production Stats; CoreLogic Earnings; Blackrock Jumbo Product; Prepays Print as Expected; Corporate Debt Explosion
NEW Freddie Mac Reports $2.5 Billion Q3 Loss; GMAC Increases Govie FICO LLPAs; Treasury Debt Issuance Ahead; Loan Shops Hiring
NEW FinReg Reform and Basel III Compliance; Freddie Mac Cuts Ties to Florida Law Firm; Radian Posts Profit; QEII Time
NEW Minimal Regional Disparity in Mortgage Rates; Loan Buybacks Roll Downhill; CFPB Watchdog; LP Open Access Not So Open
NEW MERS & Commercial Loans; 82 FDIC "Actions"; GSEs Working with HFAs; Lender Updates
NEW Revisiting Originator Compensation Options; Mixed Bag of Bank Earnings, Updates from Mortgage Insurers; Lender Bulletins
NEW Spike in FHA to FHA Refinances; Deutsche Bank on Home Prices; Compensation Conference Call; Wells Finds Flaws in Foreclosures
NEW Ginnie Mae Net Worth & Liquidity Standards; QEII Chatter; Home Owner Loan Corp; FHA Condo Recertifications;
NEW What is Quantitative Easing? Investor Raises FHA Minimum FICO to 640; New Mortgagee Letter