Bank of America: 'We provide all required MSR documents'

Bank of America: 'We provide all required MSR documents'

Responds to Ginnie Mae MSR transfer block

17% of homes with a mortgage seriously underwater

Share of underwaters continues slow decline

Here are 5 bold mortgage predictions from KBW

Q1 mortgage volume predicted to be $20 billion lower
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Articles by Kerry Curry

From HW Magazine

"Let's rent."

The future of single-family rental securitizations is now here
March 31, 2014
More and more Americans are choosing to rent instead of buy. With two single-family rental securitizations on the market at press time and more likely in the works, this new asset class has the financial market energized.
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From HW Magazine

Split personality

HELOC defaults will increase but opportunity knocks with rising originations
March 1, 2014
Home equity lines of credit initiated during the run-up of the housing market turn 10 this year. It’s not a birthday anyone is particularly celebrating, but one in which lenders are still making a silent wish before blowing out the candles.
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From HW Magazine

A surge, now over

Once-hot short sales cool off
January 31, 2014
Distressed property sales, including short sales, accounted for 21.6% of national sales in the fall of 2013, according to a recent four-month rolling quarter report from Clear Capital — a far cry from the peak of 41% in 2011.
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From HW Magazine

Gaining traction

GSE reform moves forward, albeit slowly
November 1, 2013
In early August, President Obama reminded lawmakers of their consensus to wind down Fannie Mae and Freddie Mac. He was talking before a gathering in the apt surroundings of Phoenix. The choice of location — at a construction company no less — was clearly no accident. The Arizona desert city was a poster child for the housing crash that enveloped the U.S. in 2008. These days, the president said, the Phoenix metro area is experiencing one of the nation’s most rapid housing recoveries.
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From HW Magazine

Coming full circle

Inside the rise of Equator, the most enigmatic software company in real estate
May 31, 2013
The genesis for Equator, which provides business automation software and an e-commerce hub used by some of the nation’s biggest mortgage servicers, began inauspiciously at eBay...
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From HW Magazine

The billion-dollar question facing Carol Galante

The FHA is on the brink on the next big government bailout. Potentially.
May 1, 2013
Federal Housing Administration Commissioner Carol Galante is a regular on Capitol Hill these days. New members on the Senate and House banking committees seek some one-on-one face...
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From HW Magazine

Floor plan

Off the bottom, the new home market gains strength
April 1, 2013
A rising tide lifts all boats, as the saying goes. And as the economy improves and housing inventory tightens, homebuilders are reaping some of the benefits...
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From HW Magazine

Highly scrutinized

Lenders & servicers take vetting of third parties to new heights
February 28, 2013
The concept that lenders and mortgage servicers are responsible for the actions of their subcontractors isn’t new, but it is front-and-center like never before. Last year’s Consumer...
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From HW Magazine

Shifting view

WFG grabs market share in an aggressive growth bid
February 1, 2013
With control of just 1.5% of the title insurance market, Williston Financial Group is far from a household name. It is, perhaps, best described in the...
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From HW Magazine

Blue Sky

Showtime for the American Dream
January 2, 2013
The housing recovery, by most indicators, will continue into 2013. But like the Great Recession it follows, the year portends to be just as ugly. There...
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