Fannie Mae: Collateral Underwriter not disrupting appraisals

FHFA hearing: GOP fear housing policy headed for Crash 2.0

Democrats say affordable housing, more lower-down policies needed

Ocwen: Mortgage bond investors mislead public, push foreclosures

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

News

ABA announces Real Estate Lending conference in Baltimore

Regulatory realities headline session
Trey Garrison
The American Bankers Association will host its Real Estate Lending Conference, April 8-10 in Baltimore. Regulatory realities and how to make it through will be the focus. Here are the details. Plan accordingly.
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ABA renews endorsement of Fannie Mae secondary market options

Says it helps community banks stay competitive
Trey Garrison
The ABA says Fannie Mae secondary market options help community banks remain competitive in their local markets. Here’s how.
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Mortgage applications drop 3.2% after two weeks of strong gains

Refinancings slip 5% for the week
Trey Garrison
Following two weeks of incredibly strong weekly gains, mortgage applications decreased 3.2% from one week earlier. Here’s what happened.
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Executive Conversation: Milt Shaw on leadership and vendor management

PEMCO Limited meets compliance challenges head on
Sarah Wheeler

As an AMC, compliance with regulations is a critical component to success. We maintain strong relationships and continuously outperform our competitors. Regulations differ from state to state so we decided to grow slowly and concentrate in building a strong client foundation in California prior to evaluating opportunities in other states.


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Trulia doubles MLS partnerships in 2014

Now boasts direct relationships with 125 MLSs
Ben Lane
It turns out that 2014 was quite a good year for Trulia in terms of forming new partnerships with multiple listing services. During 2014 alone, Trulia entered into 69 new MLS relationships, with 21 in the fourth quarter alone, more than doubling its previous total.
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Mortgage Bankers Association adds 21 new members

Closes 2014 with strong growth
Ben Lane
See who joined the Mortgage Bankers Association in the month of December.
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Moody’s: Ocwen’s California settlement won’t hurt RMBS investors

But it’s not all sunshine and roses either
Ben Lane
For investors in RMBS that contain Ocwen-serviced loans, the impact of the California settlement will be felt, but nowhere nearly as deeply as if Ocwen’s punishment was more severe. But that doesn't mean that the impact of the settlement is minimal either.
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ICBA: 73% of community banks say regulations hurt mortgage lending

Half of all rural banks don't qualify for QM's "rural" exception
Trey Garrison
Three-quarters of community bankers surveyed say that new mortgage regulations are impacting their ability to serve borrowers, blocking potential buyers from access to mortgage credit. Here are the findings.
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Public housing officials won't verify whether residents are the truly needy

Housing authority not checking on residents
Trey Garrison
In a troubling report, it looks like some people taking advantage of public housing opportunities may not be the people who need public housing, and HUD doesn't know who is who. Here are the details.
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CFPB issues confidential supervisory information bulletin

Non-disclosure agreements can't hinder CFPB oversight
Brena Swanson
The Consumer Financial Protection Bureau reminded the industry just how much power it has on Tuesday, when it issued a bulletin to supervised financial institutions, including nonbank companies, reviewing regulations about the treatment of confidential supervisory information.
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