Blogatative Easing: Ben Bernanke, Brookings blogger

Blogatative Easing: Ben Bernanke, Brookings blogger

Return to the scene of the crime?

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

NAMB says mortgage brokers have been at forefront of reform

Move lawsuit against Zillow clears contempt hurdle with settlement

Move declares "full steam ahead" in prosecution
W S

News

More than one-third of America holds no emergency savings

Improving economy still leaves millions on brink of foreclosure
Ben Lane
Despite marked improvement in the economy since the end of the housing crisis, millions of Americans are still on the brink of foreclosure due to a lack of savings. How bad is it?
Read More

Parkside Lending continues growth

Adds three to management team
Ben Lane
In addition to recently adding Robin Gilmore as executive vice president of operational strategy and Joann Berger as underwriting manager, Parkside also announced the additions of Gail Dolton as general counsel, Laurie Spira as chief compliance officer and Jo-Ann Krueger as closing manager.
Read More

3 things you need to understand about mortgage default rates

Urban Institute: First things first
Trey Garrison
The researchers at The Urban Institute have a new report worth a look. It’s a critical read if you’re going to understand mortgage default rates. Here’s what they have to say.
Read More

Zillow: When ListHub agreement ends, we’ll have most listings ever

New direct listing agreements take Zillow Group to new heights
Ben Lane
Zillow once feared losing a “few hundred thousand” out of the 3.6 million listings on Zillow when the Listhub agreement ends on April 7, but thanks to a set of newly signed direct listing agreements, Zillow and Trulia are now saying that they’re about to host more listings than ever before.
Read More

KBRA: High compliance costs will drive commercial lenders from mortgage space

Loans on family mortgages not drawing much interest
Trey Garrison
The way things have been trending, commercial lenders don’t have much – wait for it – interest in mortgage loans. Is the sector going to continue to wane?
Read More

Blogatative Easing: Ben Bernanke, Brookings blogger

Return to the scene of the crime?
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 the 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