Does the mortgage industry still need Appraisal Management Companies?

Does the mortgage industry still need Appraisal Management Companies?

Not with Fannie Mae's Collateral Underwriter

CFPB wants more mortgages in "underserved" areas

And here's how they will get it done

Fitch warns Ocwen-related RMBS deals face major downgrade

Placed on “Rating Watch Negative”
W S

Obama Scorecard warns economy remains fragile

Data released in the Obama administration’s January Housing Scorecard show signs that the housing market is continuing to strengthen, with the number of underwater borrowers  declining while home prices improve. 

Officials warn that, while the recovery is in full effect right now, there is regional variation and the overall U.S. economy still remains fragile.

"The Obama administration’s efforts to speed housing recovery are showing continued progress as the January scorecard indicators highlight clear forward momentum in the housing market," said the U.S. Department of Housing and Urban Development Deputy Assistant Secretary for Economic Affairs Kurt Usowski.

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mhopkins@housingwire.com

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