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 More USDA Rural Housing Confusion; Fannie and Freddie Cost Estimates; FHA High Loan Balance Max DTI; Homeowner Outlook
NEW Originator Compensation Conference Call; Reducing Fraud with Freddie; AOTs vs. Direct Trades; Fannie Mae Econ Outlook; New Relock Policies
NEW FHA Underwater Refi Option; MBS Issuance; TBW & Freddie Mac Relief Open Access; Wells Buying USDA Product; PHH and JP Morgan Loan Purchase Agreement
NEW BofA's $20 Billion Buyback Issue; MDIA Impact at Month-End; Preparing for an Audit; Jumbo Loans on the Radar;
NEW Bad Mortgage Loans Almost Behind Us?; Lending Tree vs. Zillow; More on Self-Employed Borrowers; RESPA Tolerance Defects; FHA MIP Updates
NEW Extending Credit to Self-Employed Borrowers; FDIC Sells Delinquent Loans; Brokers Ordering FHA Case Numbers; 2nd Credit Pulls
NEW Flagstar Cutting Warehouse Lines; Section 502 Loans Move Ahead; Increase in Corporate Debt Issuance; Prepayment Speeds Faster
NEW Potential Spot to Shelf Jumbo Loan Paper; FHA Q&A on Condo Recerts; Buyback Breakdown; Lots of Lender Updates
NEW Zero-Down Payment Programs; New FHA Mortgagee Letter; Does the Value of Servicing Warrant Retaining It?
NEW Banks Prefer Cash Buyers in REO Sales; Freddie Mac Streamline Refi Program; Originator Capacity Constraints; Comments on Property Flipping
NEW Litany of Investor Bulletins: Mortgage Insurance, Appraisal Photos, Originator IDs, Incomplete GFEs, 203(b)'s, Reserve Requirements, No More ARMs
NEW Another Review of Originator Compensation Regs; Loan Programs That Don't Require an Appraisal; JP Morgan Cuts Deal to Reduce Buyback Exposure
NEW New FHA MIP Structure to Slow Streamlines; Appraisal Adjustments; GSE MBS Issuance in July; FDIC Transparency; Update on Non-Agency Paper
NEW Originator Compensation Guidance Offered by Lender; Common Reasons for Buyback Requests; Servicer Rankings; Warehouse Line News; Investor Updates
NEW Talk from the Trenches: Loan Pricing Margins Getting Crushed as Rally Persists; "Bad Loan Biz" Doing Well; FHA Steamline Product; Buybacks and Credit Overlays
NEW HAMP's Political Intentions;More Rural Housing Confusion; Investors Shy Away From Property Flipping; Credit Overlays
NEW HAMP Fallout Quadruples; FHA Condo Recertification Requirements; Rapid Refinance as Means to Distribute Money Around the Economy;
NEW Homeownership: Deed of Trust vs. Mortgage; Applying the Definition of Loan Originator; New FHA Jumbo FICO Floors; HOA Certs; Revised DTI Regs
NEW FHA Insures High Cost Multi-Family Housing Development; Taylor Bean Buyouts Impact Prepay Speeds; Non-Agency Delinquency Rates; REO Inventory;
NEW Homeowner Confidence Declines; Census Bureau Shares Housing Data; NY Fed Discusses the TBA MBS Market
NEW Fannie Mae 125% CLTV Product; Feedback on "All Cash" Real Estate Purchases; Updates from Flagstar, Wells, GMAC, Chase, FAMC
NEW Yield Spread Chatter; HARP Comments; SAFE Act Training; More GFE Errors
NEW Reg Z Rules and Proposals Galore; Closing Costs Higher; Freddie Gives Clients "Greater Flexibility"; Fannie Discusses Hardships
NEW More Loan Buyback Comments; MI Rescission Help; Bank MBS Holding Stats; Mortgage Fraud
NEW Mixed Feedback on Buybacks; More Home Buyers Paying with Cash; Fannie Mae Seller Guide Update; Commercial MBS Deal
NEW Buybacks Plague Industry from Top to Bottom: FHA Webinar Today; Update on Non-Agency Secondary Market; NMLS Deadlines Loom
NEW HUD Pushes Implementation of New FHA Mortgage Insurance Premium to October
NEW USDA Rural Housing Update; The Cost of New Regulations; More on the Pipeline Hedging Environment; Mortgage Jobs & New Warehouse Lender
NEW Fannie Mae Approves Genworth; Reams of FHA Updates; New Correspondent Investor; Bulletins from Wells, USB, SWS, Texas & SAFE Act
NEW Pipeline Hedging and Profit Margins; Still Dealing with the Same Rapid Refi Rumors; Fannie's Q2 Loss; FHA Insurance Funds Dwindle; Renegotiation Policies
NEW Investor Update After Investor Update: Overlays and Bulletins Galore
NEW Countrywide Settles Suit But Admits No Wrongdoing; How Secondary Prices Loans; Earnings from PHH, Radian, Ally;
NEW FHA Changes on the Horizon; Cross Selling Mortgages to Banking Clients; Failed MBS Trades; "Credit Repair" Fraud Case Settled;
NEW HVCC's Sun is Setting, Sort Of; Mega-Refinancing Rumors Dying Down; Loan Fraud Penalties
NEW Rapid Refinance Program: Don't Bet On It
NEW Final Ruling Issued on SAFE Act; Underwriting Guideline Overlays, Adverse Market Fees and Steep LLPAs; CMBS Sales; California State of Emergency;
NEW Home Builder Rankings; Updates from HUD and Fannie Mae; Home Ownership Stats; FHA Sanctions;
NEW Buyback Risk Locks Some Borrowers Out of Refi Market; Jawboning on Fannie and Freddie; Anecdotes from the Trenches;
NEW Lots of Investor Updates; Fannie HARP vs. Freddie HARP; Originator Rankings: Wells, BoA, Chase, GMAC, Citi...
NEW Investor Group Challenges Loan Servicers; Loss Mitigation Recommendations; What is "WillCap" and Who is "Talcott Franklin"?; EU Bank Stress Tests
NEW Underwriters & Processors Included in SAFE?; Mortgage Volume vs. Profits; Reader Quotes on L.O Compensation; Movement Seen in Commercial Sector
NEW Solid Earnings from Wells and MGIC; High Quality Loan Production; Labor Unions Threaten Big Banks; VA Underwriting Update
NEW Small Banks Behind on TARP Repayment; More Opinions on Mortgage Reform; Home Builders Outsold by REO Inventory Holders; MGIC & RMIC Updates
NEW Fannie & Freddie Better Together?; Plenty of Investor Updates; Broker Compensation Bill Opinion;
NEW Yield Spread Already Removed from GFE; Goldman's Record Setting Fine; NMLS Update; MI Deductibilty; Bank Earnings
NEW FHFA Opposes PACE Program, California Files Lawsuit; Financial Reform Vote; New Housing Counselor Handbook; FDIC Selling Distressed Loans
NEW Mortgage Investor Gossip; FICO Scores and Loan Production; "Hardest Hit" State Housing Programs; FHA Mini-Eagles;
NEW HARP Subordination Scenario; Jumbo Loan Foreclosure Numbers; Rates Low But Fewer Qualified Borrowers; International Homebuyers
NEW Congress Goes Back to Work; Fannie Mae Appraisal Changes; Reverse Mortgage Volumes; G-Fees
NEW The Fed, The Economy, And Mortgages; Loan Production Picks Up; Wholesale Lender Updates