Fannie Mae will buy 97% LTV mortgages

Fannie Mae will buy 97% LTV mortgages

Credit improvements lead to mortgage product

MBA leaders challenge federal regulators to take action

MBA: It's time for the penalty phase to end

5 things you absolutely need for the MBA convention in Las Vegas

Every one of these is totally necessary


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Opinion, commentary and analysis on everything that makes the U.S. housing economy tick -- not to mention the ghosts in the machine, too. Written by HW's team of editors and reporters each business day. Read More

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition
Jacob Gaffney
The CEO from the government-sponsored enterprise, Freddie Mac, said that his firm is increasingly becoming more competitive in the mortgage market and will look to see how its "credit box could be more fully utilized.”
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Nope, tiny houses are not the next big thing

Sorry, man – size matters
Trey Garrison
"There's a new, huge craze sweeping the United States... and it's tiny houses." No. No there's not. Just stop it.
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Monday Morning Cup of Coffee: Mortgage lending set to loosen?

MBA Las Vegas and housing metrics will dominate the week
Trey Garrison
With the big Mortgage Bankers Association conference in Vegas, a big announcement from FHFA on the way, and housing metrics galore, it's like Christmas comes early. Follow HousingWire this week for real-time reports from the MBA Convention and Expo.
Read More selling Connecticut ghost town

Looking for a “scary” return on investment?
Ben Lane
What makes the Village of Johnsonville different than other properties? Well, for starters, it’s a ghost town. With real, actual ghosts in it.
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5 things the slightly paranoid person absolutely needs for the MBA convention

A little Ebola preparation goes a long way
Sarah Wheeler
I'm not a doctor — I don't even play one on TV. But I've rounded up the most useful things you can bring to the convention to be prepared.
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Closing Call

Breaking down the TILA-RESPA Integrated Disclosure, how it impacts your business, and ways to solve it. Written by the experts at Pavaso each business day. Read More

TILA-RESPA Phase I complete

Get ready for Phase II of the Lender Implementation Timeline
Mark McElroy

Staying on par with the timeline, next week will kick off the Analyses and Decisions phase, in which you’ll be reviewing your workflow, systems and compliance in order to determine the revised procedures, system recommendations and policies necessary.

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Talking tech with Donald Trump Jr.

Pavaso CEO Mark McElroy discusses TILA-RESPA compliant solution
Matt Corcoran

The show is 21st Century Television, with guest host Donald Trump Jr. interviewing Mark about the TILA-RESPA ruling, and how technology available today can not only help the industry comply, but thrive, with a whole new world of possibilities in a digital marketplace. 

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The profit-margin challenge with TILA-RESPA

Get operational processes firmed up now for Aug.1, 2015 go-live
Mark McElroy
Do you know what it fully costs you to acquire a customer? It is now critical that you know this metric today, because it’s going to change on Aug. 1, 2015. If your operational processes are not streamlined, your margins are going to suffer worse when TILA-RESPA is effective.
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Acquiring new customers vs. retaining existing customers

TILA-RESPA will force you to get creative on revenue and profits
Matt Corcoran

We offer a solution on the Pavaso platform called Title Check — where title companies can stay in front of existing customers by offering them an annually recurring service to check their title and ensure it’s clean. This is an entirely new line of revenue to leverage all of those customers that they’ve acquired and closed, instead of purely focusing on bringing in the next closing. 

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I dream of loan origination genie

Wishing for better profit margins?
Matt Corcoran
Independent mortgage banks pulled in average profits of $346 per loan on originations last quarter, compared to an average profit of $1,082 per loan in the fourth quarter.
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