Here's how to handle electronic delivery of mortgage disclosures

Fannie Mae picks non-profit for first small sale of non-performing loans

Completes first “Community Impact Pool” sale

The do’s and don’ts of good credit for Millennials

Here's how to build you score
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Lending

MBA: Mortgage credit ticks up in August

Jumbos the biggest gainers, but coventionals see small boost
Mortgage credit availability increased in August and has increased in eight of the last nine months, mainly on jumbo loan products but also on conforming conventional mortgage loans. Here's the scorecard.
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Friday’s job report doesn’t look promising

Employment still bedevils housing, could delay rate hikes
All the early indicators point to a weak August jobs report. Given the state of concerns over employment and the broader economy, including home sales, talk is going to move to a December rather than September rate hike by the Federal Open Market Committee. Read on.
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RealtyTrac: Nearly 40m homes at high risk of natural disater

Home prices in highest risk areas down 6% in last decade
With California wildfires still burning and the reminder of the 10th anniversary of Hurricane Katrina here, the risk of natural disaster is on the minds of the folks at RealtyTrac. Here's what they found look at the cost and risk for housing markets. Read on.
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ARMCO announces TRID mortgage data comparison tool

Will enable lenders to compare TRID forms to loan origination system data
ACES Risk Management, a web-based financial services quality control software provider, announced the release of TRIDCompare, a data comparison tool specifically designed for the new TILA-RESPA Integrated Disclosure forms.
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Green Tree gone; Ditech merger complete

Walter Investment combines origination and servicing businesses
Green Tree Servicing is gone. Last month, HousingWire reported that Green Tree’s days were numbered, after Green Tree’s parent company, Walter Investment, announced quietly that it planned to merge Green Tree with another of Walter Investment’s well-known subsidiaries, Ditech Mortgage Corp, to form a new company, ditech, a Walter company. Now the merger is complete.
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Exec at center of first TARP bank failure gets 8 years in prison

Fraud scheme cost taxpayers more than $300 million
The bank executive at the center of one of the largest bank failures in recent years will spend the next 8 years in prison for his part in a scheme that cost the American taxpayers more than $300 million. Here's the tale of Ebrahim Shabudin and United Commercial Bank.
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International buyers pump $8.32B into Texas housing

Naturalized U.S. citizens want Texas houses
Texas home sales purchased by international homebuyers added $8.32 billion to the state’s economy between April 2014 and March 2015. What’s noteworthy is that the demographic pull of buyers is starting to veer away from the usual trends.
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