Mortgage brokers: Update your stump speech on mortgage lending, Mr. President

Mortgage brokers: Update your stump speech on mortgage lending, Mr. President

NAMB says mortgage brokers have been at forefront of reform

Monday Morning Cup of Coffee: Spring turnaround, or spring-loaded trap?

The direction of housing and mortgage finance could turn this week

Move lawsuit against Zillow clears contempt hurdle with settlement

Move declares "full steam ahead" in prosecution
W S

News

Blogatative Easing: Ben Bernanke, Brookings blogger

Better than Bob Loblaw’s law blog?
Trey Garrison
Ben Bernanke has gone from being the most powerful conjurer at that Hogwarts known as the Federal Reserve to being a lowly blogger for Brookings Institute.
Read More

Clayton Holdings acquires AVM provider Red Bell

Beginning of broader expansion into real estate
Brena Swanson
Clayton Holdings announced it acquired Red Bell Real Estate, and its sister company, Main Street Valuation. According to the president of Clayton, this will serve as the platform and the foundation for new initiatives within the broader real estate market.
Read More

Mortgage brokers: Update your stump speech on mortgage lending, Mr. President

NAMB says mortgage brokers have been at forefront of reform
Trey Garrison
Before there was the Consumer Financial Protection Bureau, mortgage brokers were already getting their house in order, NAMB says. It’s time to stop talking like it’s 2007, they charge.
Read More

Fannie, Freddie loans hit series high in National Mortgage Risk Index

February numbers show QM not helping, GSEs not compensating for high CLTV loans
Trey Garrison
While the overall risk index ebbed slightly in February, the risk index for Fannie, Freddie, FHA and VA loans all hit series highs. Worried?
Read More

Supreme Court revives ING mortgage bond lawsuit

Investor class action claims hidden risks in 2007 MBS offering
Trey Garrison
As it turns out, ING's risk exposure in the United States isn't yet finished. The Supreme Court of the United States revived a class action case accusing ING Groep NV of illegally hiding the risks of mortgage-backed securities.
Read More

Pending home sales surge again in February

Good news for the spring homebuying season
Brena Swanson
Good news for the industry, especially given that 2015 is off to a bad start for housing in terms of housing starts, completions and permits. Pending home sales in February surged to their highest level since June 2013, continuing the record high set last month.
Read More

ComplianceEase acquires Mortgage Banking Systems

Acquisition better prepares company for TILA/RESPA
Brena Swanson
ComplianceEase, a provider of automated compliance solutions, acquired the assets of Mortgage Banking Systems, a provider of mortgage document preparation and closing software solutions.
Read More

Sierra Pacific Mortgage harnesses Alight Mortgage Lending solution

Solution provides real time, financial forecasts
Brena Swanson
Sierra Pacific Mortgage announced it licensed Alight Mortgage Lending, a unique financial optimization application that will help the company’s plans for future growth.
Read More

Black Knight: Home prices essentially flat in January

Price growth still sees 4.6% rise over last year
Trey Garrison
Home prices flat-lined in January, according to Black Knight Financial Services. But there were peaks and valleys in a variety of housing markets. Here’s the skinny.
Read More

How to capitalize on 2015’s housing market opportunities

Cohesive, comprehensive data access is key
Dori Daganhardt
Both the U.S. economy and the housing market are poised for a robust start to 2015, making it critically important to be properly positioned for the potential growth. Are you applying these tips?
Read More