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 FHA to Accept Electronic Signatures; Closing, Settlement, Funding, and Signing Discrepancies; Does a GFE Need a Property Address?
NEW Changes in Originator Commission Plans; Prepayment Speeds and Delinquency Buyouts; No Fee Reverse Mortgages; Commercial Loan Rankings
NEW FHA Net Worth Requirements; Primer on Compare Ratios & Neighborhood Watch; Loan Profitability
NEW The Re-Emergence of Seller Financing; Problems Modifying 2nd Liens; More Flood Insurance Updates;
NEW UFMIP Reminder; HUD Shuts Down Two Lenders; REO Appraisal Guidance; Primary Dealers; Texas Laws Pay Off
NEW FDIC Finds Buyer for $491 Million in RMBS; Freddie Selling Foreclosed Homes; Flood Insurance Directives; Condo News
NEW Unexpected ARM Index Adjustments; RESPA to be Repealed?; Option ARMs Resurface; Wells Fargo Changes Name to Norwest; April Fools Joke
NEW Flood Insurance Guidance from Lenders; Wells Says No Signatures on GFE; Housing Prices Need Buyer Volume to Confirm Rise
NEW Lender Bulletins: Quality Control, HPML's, No MI for I/O, Useable FICO Scores, FHA Flipping, Allowable VA Fees, Appraisal Required for Streamline Refi
NEW Flood Insurance Program Not Extended; FHA MIP Reminder; Wells Fargo Jumbo Rollout; PIMCO Hiring; Bank Failures
NEW RESPA & Changes to Fees Based on Updated Loan Amount; Cali Homebuyer Tax Credit; Principal Reduction Program; Mortgage Jobs
NEW ACORN Closing State Chapters; Modified Loan Buybacks; Bank of America's FHA Flipping Policy & Principal Reduction Plan
NEW New FHA Compliance Manager; Long Road of Housing Reform Ahead; Short Sale Primer; PMI Freddie Mac Approved; FHA Delinquencies
NEW FHA Guidance for Merging Mortgage Ops; Chase Joins HAMP 2nd Lien Program; USDA Update; Corporate Rates Lower than Treasuries
NEW Citi "Re-Entering" Correspondent Channel; Reverse Mortgages; Updates From Almost Every Major Lender;
NEW Underwriter Compensation and Production; Mortgage Insurance Update; Fannie Mae Buyout Details
NEW The Cost of Labor in the Mortgage Market; FHA Origination Down 10% in January; Wells to Modify 2nd Liens; Condo Questions
NEW Federal Home Loan Bank's Suit Against Nine Private Label MBS Dealers; Several Lender Updates; No Change from Fed
NEW Fed Doves & Hawks Defined; More on USDA; ResCap & Goldman; Rent vs. Buy; Refinancing Government Debt
NEW FDIC Selling Mortgage Assets of Failed Banks; "Good" Foreclosure Stats; Updates from: Chase, WAMU, USB, Wells, FAMC,SunTrust
NEW Loan Officers Who Sell Real Estate; Wells Expands Market Making in Mortgage-Backeds; FDIC Acts on a Thursday; Freddie Mac Bulletin
NEW Lenders Relaxing Non-Agency ARM Regs; High Cost Loan Reporting Guidance; Negative Convexity Defined; New Mortgagee Letter
NEW Underwriters: Loan Quality Still in Need of Improvement; Interesting FICO Score Data; Will the Fed sell their MBS Holdings?
NEW Second Mortgages in the Spotlight; Reverse Repurchase Primer; My Opinion on Mortgage Rates After the Fed; Provident Cuts Interest Only
NEW Credit Unions Expanding Loan Production; Ready for Buybacks?; Lender Rating Model; FHA Approval News; Four More Bank Failures
NEW Lender Implementation of FHA Flipping Guideline; SAFE Act Still Weighs on Originators, Thornburg Execs in Trouble
NEW Underwriters Marching to Lenders' Tune; The Next Generation of Borrowers; New Faces at the Closing Table; MBS Trading Margins
NEW Fannie Mae's Buyback Plan; HARP Extended; Lock Desks Busier; RESPA vs. USPS; Rates to Rise 50bps
NEW Mortgage Support Needed in Russia; Jumbo Market Making a Comeback?; Warehouse Lending; Investor Updates
NEW Mandatory Loan Commitment Speedbump?; GSE Earnings; Interest Only Loans a Thing of the Past; More on HUD, RESPA, and the GFE
NEW Lenders Preparing for Fed's Exit; Foreclosure Ban in Process?; FDIC Banking Profiles and CRA Requirements; More GFE
NEW Stories from the Street; Loan Apps Continue to Slow; Commercial Default Rates; Freddie's Results, Updates from Wells and US Bank
NEW Mortgage Insurance Pricing; Radian's 4Q Loss ; NAR Non-Profit Proposal; Tips from Wells Fargo
NEW Optimistic Mortgage Studies; February Production Volume and Profit Margins; ML/BoA Research; More Lender Updates
NEW Obama's Newest Housing Initiative; Covered Bonds; Delinquencies Down; FDIC Bank Closures; Lender Updates
NEW GFE Horror Stories Still Abundant; Lack of HUD Leniency; Loan Mods Made to Out of Work Homeowners; More FHA Tips
NEW Originators Work More For Less; FHA Tips from Citi; DU 8.0 April Update; Japan Passes China as Biggest Tsy Buyer
NEW Fannie Mae Approved Mortgage Insurers; Electronic Appraisals; Foreclosures and Home Supply; Lender Updates
NEW Mortgage Broker Population Dwindling; Loan Buybacks Create Opportunity; FDIC Rebuttal to OneWest Video; GSE Overlays
NEW Home Builders Preparing for Spring Buying Season?; Hope for Mortgage Brokers; Continued GSE Discussion
NEW How Buyouts Affect Loan Originators; FTC & Loan Modification Companies Set to Battle; Fed Chairman Shares Plan
NEW FHA Appraisal Policy REMINDER; Approve/Ineligibles; How PIIGS impact MBS; ING & YSP
NEW Jumbo Loan Delinquencies; BoA and Landsafe; Fannie Mae HomePath Incentive; Mortgage Pooling and Ratings Agencies;
NEW MBA Takes Loss on Headquarters; CRA Loans; HAMP Servicer Updates; Prepay Speeds; Updates: GMAC, FAMC
NEW More on Loan Buybacks; GMAC's Earnings; Another BofA lawsuit; Primer on Volatility; Solid Super Bowl Joke
NEW GMAC Cuts Ditech; Top GFE Mistakes; ASF Non-Agency Loan Product Outlook; Biggest Commercial Loan Servicers
NEW Appraisal Requirements; No New GSE Loan Programs; Jumbo Products Needed; Itemized Deductions; Several Lender Updates
NEW Fannie Mae Imminent Default Indicator; Borrower Funded Temporary Buydowns; DR Horton Out of the Red; Anti-Flipping Debate
NEW FDIC Bank Closures and Links; Auto Delinquencies vs. Home Loan Delinquencies; Wells, GMAC Bulletins
NEW Freddie's Condo Guidelines; AVMs & Mortgage Banking; Jawboning on the End of the Mortgage Purchase Program