2 reasons the single-family rental securitization market won’t exceed $20 billion

Should mortgage technology and data be universally shared?

Yes, and no

Structural changes, oversight and second-lien reform critical for PL MBS

The game has to be changed to bring back private label capital
W S

Lending

Wells Fargo: Top homeowner misconceptions

Survey finds borrowers don’t know their options
Brena Swanson
Despite homeowners knowing that now is a great time to buy a home, many borrowers are still reluctant to do so because of uncertainty about qualifying for a mortgage or navigating the home-buying process.
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AmeriSave Mortgage to acquire CertusBank’s mortgage division

Establishes traditional retail mortgage origination channel
Brena Swanson
AmeriSave Mortgage Corporation will acquire a large portion of CertusBank’s mortgage division, allowing the company to expand and establish a traditional retail mortgage origination channel to complement its online origination platform.
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Former HUD Secretary: Housing assistance programs in dire need of reform

Underfunded and unfocused programs are like a lottery
Trey Garrison
Former Housing and Urban Development Secretary Henry Cisneros says that the current affordable housing assistance programs are skewed in both scope and effect, shutting out three of four of those in need.
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HUD, U.S. Bank resolve lending discrimination allegations

Bank refused to refinance a property on a reservation
Brena Swanson
The U.S. Department of Housing and Urban Development reached an agreement with U.S. Bank National Association, resolving allegations that they refused to refinance the mortgage of an American Indian couple in Belcourt, North Dakota, because their property is located on a reservation.
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Freddie Mac: Here's why multifamily growth rules housing

Millennials flock to urban apartments
Brena Swanson
As the single-family building sector struggles to move at all, the multifamily sector is witnessing a strong rebound, fueled by demand from millennial buyers.
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Macquarie funds Impac non-QM originations

Fuels expansion into non-qualified mortgage space
Brena Swanson
“Our successful history originating this type of product, combined with our relationship with Macquarie, will allow Impac to make an immediate impact in the non-qualified mortgage space,” Joseph Tomkinson, chairman and CEO of Impac, said.
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How to digitally transform closings

Recap of last week's post regarding customer experiences
Mark McElroy

If you’re staying on par with the Lender Implementation Timeline, then that means there are only three weeks left until you wrap that phase up. Will you be finished with this phase in three weeks? 


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Here’s why mortgage rates won’t hit 2014 expectations

Originally estimated to reach 5%
Brena Swanson
Mortgage rates have continuously defied expectations in 2014. Originally estimated to hit 5% by the end of this year, September's 30-year, fixed-rate mortgage averaged 4.12%.
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Economist: Here's why mortgage supply and demand isn't normal

What has recovered or is close to being recovered?
Jonathan Smoke
The housing ecosystem is immensely complex and highly local. What’s needed in Houston and Dallas looks very different than what’s needed in Chicago and Philadelphia. That’s why we need bipartisan leadership to work at national, state and local levels.
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Entertainment mogul looking to “simplify,” lists six homes for $107 million

Robert F.X. Sillerman to sell properties in Manhattan, Anguilla and the Hamptons
Ben Lane
According to a report in The Wall Street Journal, Sillerman and his wife Laura, have listed six of their homes in Manhattan, the Hamptons and on the Caribbean island of Anguilla for sale in an effort to “simplify” their lives.
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