Monday Morning Cup of Coffee: Judge deals major blow to investors in GSE lawsuit

Monday Morning Cup of Coffee: Judge deals major blow to investors in GSE lawsuit

Fed mortgage stability monitoring nothing more than a myth?

This chart proves mortgage credit availability isn’t improving

Isn't get worse, either

Zillow: Top 10 markets to buy and sell your home now

California takes over one list
W S

Lending

Parents hold key to first-time homebuyer success

"Without them, the recovery’s not sustainable"
Brena Swanson
Due to the growing student debt problem, first-time borrowers are finding it more difficult to afford owning a home. However, while it might be difficult to secure a loan though the bank, a second, closer option is starting to step in and help finance their first home: mom and dad.
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Is it time to ease lending standards?

Housing regulators face tough question
Brena Swanson
Car sales have recovered since the plague of the financial crisis, but the journey has not been as easy for housing. An article in The Wall Street Journal asks the tough question: Should mortgage lending standards ease?
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Challenging the status quo

Now is the time to question if you're ready for TILA-RESPA go-live
Mark McElroy

In planning for big changes to your organization, the key area of a digital transformation know as Operational Process is one that is absolutely pertinent in the wake of regulatory disruption such as TILA-RESPA.  


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This chart proves mortgage credit availability isn’t improving

Isn't get worse, either
Ben Lane
“We think tight mortgage credit and weak demand for mortgage credit are key driving forces behind the slow growth recovery story and the positive technical story for securitized products,” BofAML’s Chris Flanagan, Gregory Fitter and Mao Ding said in the new Securitization Weekly Overview.
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CoesterVMS upgrades Encompass integration

Cloud Control System now available as native application
Ben Lane
"Our development team has taken the time to build an integration that is years ahead of anything else on the market," said Brian Coester, CEO of CoesterVMS. "Our goal is to provide unprecedented means of efficiency to the mortgage origination process. This integration does that and more."
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RPM Mortgage expands to East Coast

Acquires Regency Mortgage
Brena Swanson
RPM Mortgage acquired Regency Mortgage, a 14-branch private mortgage lender with operations in New Hampshire, Maine, Massachusetts, Vermont and Florida. This means Regency’s loan originators will have access to a larger menu of loan products, in addition to more technology and compliance support.
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CFPB memo ensures mortgage protections to same-sex marriages

Document reminds staffers all marriages are considered valid
Trey Garrison
With little fanfare, the Consumer Financial Protection Bureau took an important step forward when it issued guidance on mortgage treatment for legally married same-sex couples.
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Zillow: Top 10 markets to buy and sell your home now

California takes over one list
Brena Swanson
Now that the pace of home price appreciation is finally starting to slow, it is easier to see the truth behind which local markets favor either buyers or sellers. Zillow compiled a list of the top ten buyer and seller markets, with the West Coast dominating one list.
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Home Depot credit card breach surpasses Target's

Estimates 56 million credit cards breached
Brena Swanson
Home Depot continues to investigate its massive credit card breach, which is shaping up to be bigger than Target’s breach back in December 2013. And the true financial costs of the breach have yet to be determined.
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reQuire grows, acquires Final Trac

Terms of deal not announced
Brena Swanson
“The added experience, skills and relationships they bring to the team will allow reQuire to more rapidly expand its service offerings and position the company as the ‘go to’ source for risk mitigation solutions in real property transactions,” Matt Klein, reQuire’s president, said.
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