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
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The Ticker

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.
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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.
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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.
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Woman falls for real estate scam on Trulia

Scammer hijack listing
Brena Swanson
A woman fell victim to an Internet scam on Trulia’s real estate website after spending nearly $1,000, including sending a security deposit to a person she thought was the owner of the rental home.
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B2R Finance launches first multi-borrower single-family rental securitization

Consists of $230 million aggregate balance
Brena Swanson
Moving into a new territory for the industry, B2R Finance announced its first multi-borrower SFR securitization transaction.
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Florida homeowners can start claiming their $6.5M from SunTrust

More than 8,000 eligible Floridians
Brena Swanson
Here's some good news for Florida homeowners who were impacted by SunTrust. The office of Attorney General Pam Bondi sent out official claim forms for borrowers to receive their share of the National SunTrust Settlement.
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Final 4Q GDP estimate comes in below expectations

This last revision unchanged
Trey Garrison
Fourth quarter gross domestic product growth was unrevised overall, and disappointing. Here’s why it all fell short. Warning sign for 1Q15?
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ACA wants NY Supreme Court to reinstate Abacus lawsuit

Seeking $120M from Goldman Sachs over alleged fraud
Trey Garrison
ACA Financial Guaranty wants the supreme court in New York state to reinstate its lawsuit against Goldman Sachs over the Abacus CDO.
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‘Foolish’ survey: Will rising rates doom housing?

The answers from three motley analysts will surprise you
Trey Garrison
Predictions are like armpits – every economist has two of them and thinks theirs are the only ones that don’t stink. Here’s what three had to say about interest rates and home sales.
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Online mortgage lender moves into New Mexico

Plans to be in 21 states by end of 2015
Online mortgage lender Privlo continues to gain ground in the industry and announced its latest expansion into New Mexico. This is only the latest in a string of new expansions from Privlo.
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