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
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The Ticker

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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Arch MI launches new mortgage insurance company

Given financial strength rating of ‘A3’
Brena Swanson
Arch MI announced it is opening a new mortgage insurance company right as the market starts to increase focus in that area due to new regulations. The new company, AMG, is a mortgage insurance company specifically created for mortgage loans that originators intend to retain in their portfolios or include in private securitizations and is not subject to GSE requirements.
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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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Solutionstar completes acquisition of Title365

Firm to leverage acquisition to expand beachhead in California
Trey Garrison
Solutionstar expects to speed operations through added efficiency, by using Title365’s licenses to expand into new geographic markets, particularly in California. Here's how.
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Rarity: BofA celebrates new branch opening in Denver

Opens new location in new market
Jacob Gaffney
News comes as bank continues to ditch hundreds of branches in many other markets. The bank is also experimenting with simpler "express" branches, those that do not employ tellers.
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This housing market will never be saved

Six years later, still struggling
Brena Swanson
According to one bold housing columnist, housing will never spring back to its pre-recession levels. Despite all the government’s best attempts to spur activity again, these headwinds will remain.
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Maryland woman sent to prison for stealing from open houses

Searched for expensive houses and posed as buyer
Ben Lane
According to local authorities, Sally Spaisman, 58, would search the Internet for expensive homes that were on the market, show up at the open houses pretending to be a buyer and use her free reign of the house to steal expensive jewelry from the owners.
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Initial jobless claims above 300K for third week

January employment looking grim
Trey Garrison
Initial jobless claims missed expectations yet again, staying well above the 300,000 mark for the third week running. This could bode ill for the rest of the year. Here’s the story.
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NewOak launches service to help lenders meet non-QM demand

Platform assists in managing increasing regulatory risk
Brena Swanson
NewOak’s new Non-Qualified Mortgage Support Services platform was created to help originators and investors in non-QM products to manage increasing regulatory and enforceability risks.
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Urban Institute: 4 positive ways FHA cuts will impact mortgages

Starts with saving borrowers more money
Brena Swanson
There has been a lot of talk around the Federal Housing Administration's announcement that it is reducing mortgage insurance premiums. Here are four reasons the Urban Institute thinks it's good news for the mortgage industry.
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