Fannie Mae: Collateral Underwriter not disrupting appraisals

Ocwen: Mortgage bond investors mislead public, push foreclosures

Fires back at “baseless, groundless” charges of mortgage payment negligence

California settlement puts Ocwen on a leash

Prohibited from acquiring California MSRs without state’s approval
W S

Lending

Pavaso tech solution delivers closing in under 15 minutes

Digital Close brings parties together to speed up process

“We had to verify the times with the escrow officers because we didn’t believe it at first," said Amy Moser, vice president of mortgage services at Mountain America Credit Union. "Digital closings are proving that secure delivery of documents prior to closing is not only convenient to our members, but extremely effective.”


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Freddie Mac’s Frank Nothaft joins Corelogic as chief economist

Spent last 13 years as Freddie Mac’s chief economist
Ben Lane
After spending nearly 30 years with Freddie Mac, including the last 13 years as Freddie Mac’s chief economist, Frank Nothaft is leaving the government-sponsored enterprise to join Corelogic as the company’s senior vice president and chief economist.
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Fannie Mae: Collateral Underwriter not disrupting appraisals

Appraisers need to see it in action
Brena Swanson
Before appraisers decide to shoot down any positive side to Fannie Mae’s Collateral Underwriter, Fannie said that they need to see it in action. In an exclusive interview with HousingWire, the enterprise explains what their true goals behind today's launch and how they aren't bad at all.
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S&P Case-Shiller: Is housing ready for spring homebuying season?

“Housing recovery barely on first base”
Brena Swanson
The spring homebuying season is just a couple months away. Due to the latest report on the continued slow down in home price growth, S&P Case-Shiller believes the market isn’t ready. However, not all economists agree, with at least one giving 2015 a strong forecast.
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New home sales in December rise an unbelievable 11.6%

New home sales in December rise an unbelievable 11.6%
Trey Garrison
New home sales just hit a seven-year high, but skepticism grows about the accuracy of reports with a margin of error in the mid-teens. Here are the details.
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First wave of ‘boomerang buyers’ become eligible for mortgages

RealtyTrac: Here’s where the action may heat up
Trey Garrison
The first wave of 7.3 million homeowners who lost their home to foreclosure or short sale during the foreclosure crisis are now past the seven-year window they conservatively need to repair their credit and qualify to buy a home.
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MRIS to provide direct listings to Zillow

Mid-Atlantic MLS joins Zillow Partnership Platform
Ben Lane
Members of one of the nation’s largest multiple listing services, Metropolitan Regional Information Systems, will no longer need to worry that they won’t be able to send their listings directly to Zillow once Zillow’s listing agreement with Listhub ends on April 7.
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Fannie Mae: Mortgage lending will see dramatic growth in 2015

Guaranteed Rate, UWM, United Fidelity Funding weigh in
Brena Swanson
The mortgage business is set to substantially grow in 2015, with 88% of lenders surveyed by Fannie Mae saying that they are looking to expand their mortgage origination business, and 70% looking to expand their mortgage servicing business.
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FHFA Director Watt goes before House committee Tuesday

Faces grilling on FHA premiums, Fannie, Freddie
Trey Garrison
Federal Housing Finance Agency Director Mel Watt will appear Tuesday morning before the House Financial Services Committee hearing on sustainable housing finance. Here's what's waiting for him in the arena.
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Lone Wolf Real Estate buys Millennium Real Estate Solutions

Widens product offerings for real estate industry
Brena Swanson
Lone Wolf Real Estate acquired Millennium Real Estate Solutions, expanding offerings to boards and associations across Canada for listing management and data collection.
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