Ginnie Mae ditches paper and goes eMortgage

Ginnie Mae ditches paper and goes eMortgage

Electronic filing to start very soon

Fannie Mae offers new suite of HomePath financing

Goodbye HomePath Mortgage and HomePath Renovation

CNBC video: Home shortage could be due to real estate agents

Pocket listings drag down inventory?
W S

Lending

The housing market’s new normal?

2 things will have to change if we want the old market back again
July 23, 2014
What if the market the way it is now is the new normal?
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Freddie Mac: Housing growth remains stagnant

...But it's not all bad news
July 23, 2014
"We remain cautiously optimistic the housing recovery will continue, albeit slowly, until we see more tightening in the labor markets to give personal incomes a much-needed jolt,” Freddie Mac Chief Economist Frank Nothaft said.
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Mortgage applications rise 2.4% as roller coaster continues

Refinance share of mortgages reaches four-month high
July 23, 2014
Mortgage applications increased 2.4% from one week earlier, after a series of drops and a few peaks over the last few weeks, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 18, 2014.
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Silver Bay Realty prepping $312M rental securitization

Here comes another one
July 22, 2014
Morningstar was the first of the ratings agencies to issue a presale report on the Silver Bay offering and awarded $147.75 million in AAA ratings to the class A tranche.
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Homebuilders to weigh in on mixed 2Q14 earnings

Projections remain positive so far
July 22, 2014
Moving further into second-quarter earnings season, homebuilders are starting to release how they are measuring up in the housing industry, with D.R. Horton next on the list for Thursday morning.
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Flagstar rebounds, posts income of $25.5M in 2Q14

Income up significantly from net loss of $78.9M in first quarter
July 22, 2014
The company cited improved net interest income and gain on loan sales, increased mortgage rate lock commitments and loan origination volume and a continued focus on expense management as drivers of the income growth.
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Fitch: Housing market getting ready to grow

Expects second half upturn, leading to strong 2015
July 22, 2014
In 2015, new home sales should increase by 20.4% over 2014, according to projections from analysts from Fitch Ratings. Existing home sales are also projected to regain the 5% loss expected in 2014.
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Altisource acquires Mortgage Builder, expands technology reach

Follows recent Equator acquisition
July 22, 2014
"The addition of Mortgage Builder's loan origination, servicing and electronic document management software enhances Altisource's current portfolio which provides customers with one of the most comprehensive real estate and mortgage lifecycle management platforms and services marketplaces available," William Shepro, CEO of Altisource, said.
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HUD audits BB&T over government-backed loans

Bank sets aside reserves of $53 million
July 22, 2014
BB&T is under the scrutiny of the U.S. Department of Housing and Urban Development while the housing authority looks into the bank's sales of government-backed loans.
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Kofax launches Mortgage Agility to streamline application process

New solution lets borrowers upload application data from mobile devices
July 22, 2014

Mortgage Agility allows borrowers to upload mortgage application data though mobile devices, then extracts that information and assembles it into a complete mortgage application package that integrates directly into loan origination systems.


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