Does Fannie Mae support appraisers?

Does Fannie Mae support appraisers?

Here comes Collateral Underwriter

Higher fees proposed for FHA mortgages

MBA: This is far in excess of what the FHA needs

Royal Bank of Scotland pulls petty mortgage stunt

Here's why we shouldn't be surprised
W S

News

Chad Neel joins Solutionstar as executive vice president

Will oversee servicing solutions
Ben Lane
Solutionstar has hired Chad Neel as the company’s new executive vice president of servicing solutions. In this role, Neel will focus on launching new product, technology and service offerings for existing and new customers.
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Part-time jobs create obstacles for home buyers

Full-time job income plus part-time job income just not enough
Brena Swanson
The government is working to expand the credit box, but it just is not happening fast enough as borrowers with full-time and part-time jobs struggle to qualify for mortgages.
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NYC broker jailed for burglarizing $7.6 million home he sold

Former Corcoran Group broker sentenced to up to nine years in jail
Ben Lane
A Manhattan real estate broker will spend the next three to nine years of his life in jail after he was found guilty of burglarizing a $7.6 million townhouse on the Upper West Side. So how did he choose his target? He was the broker who handled the sale of the house.
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Excessive regulation of mortgage lending drags down bank profit

MBA: Compliance, risk management expense is the new normal
Trey Garrison
Banking revenues were up but there's an elephant in the room called mortgage lending, and around that elephant's neck is an albatross. Guess what its name is.
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Home price gains strongest in months

Capital Economics: House price growth ahead
Trey Garrison
Despite the September slowdown in home price growth, Capital Economics says the future for housing looks better than you think.
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FHFA changes Fannie and Freddie REO sales policy

Eases financial burden to homebuyers
Brena Swanson
The Federal Housing Finance Agency updated one of its policies relating to the sale of real estate owned properties. It’s not really a huge market change, but it is worth a mention.
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Collateral Analytics adds John Duchouquette as SVP

Will oversee executive account management
Ben Lane
Collateral Analytics, which develops analytic products and tools to support financial institutions, investment banks, appraisers, real estate brokers, and real property capital market activities, added John Duchouquette as senior vice president focusing on executive account management and developing new markets.
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Higher fees proposed for FHA mortgages

MBA: This is far in excess of what the FHA needs
Brena Swanson
A provision in the Transportation, Housing and Urban Development and Related Agencies Appropriations Act for Fiscal Year 2015 could cost mortgage lenders more money than necessary. At least that is what the Mortgage Bankers Association argues in this letter.
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Mortgage lending reverses yearlong trend

NY Fed: Mortgage debt increases $35 billion in third quarter
Ben Lane
The NY Fed report also shows that the amount of mortgage debt held by households increased by $35 billion from the second quarter to the third quarter, rising to a total of $8.13 trillion. But how did the rest of the mortgage market fare?
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HOAs have a new weapon in dealing with delinquencies

Morningstar: Nevada ruling means SFRs should examine exposure
Trey Garrison
A recent Nevada Supreme Court may provide HOAs a much needed tool in dealing with delinquencies. How will it affect SFR risk?
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