Does the mortgage industry still need Appraisal Management Companies?

Does the mortgage industry still need Appraisal Management Companies?

Not with Fannie Mae's Collateral Underwriter

CFPB wants more mortgages in "underserved" areas

And here's how they will get it done

Fitch warns Ocwen-related RMBS deals face major downgrade

Placed on “Rating Watch Negative”
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Items Tagged with 'Interest rates'

ARTICLES

Freddie Mac: Hybrid ARMs are “hot”

Annual Adjustable-Rate Mortgage Survey shows impact of low interest rates
Ben Lane
Hybrid adjustable-rate mortgages continue to be the most popular ARM loan product offered by lenders and chosen by borrowers, according to the 31st Annual Adjustable-Rate Mortgage Survey of prime loan offerings from Freddie Mac.
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Monday Morning Cup of Coffee: The increasing risk of low mortgage rates

Plus a roundup of housing starts, home prices and home sales
Trey Garrison
Everyone loves lower mortgage interest rates, but there is a downside over the long haul that housing and investors need to consider. Here’s the scoop — plus a preview of the week to come.
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Bankers: Optimistic about economy, housing in 2015

Mortgage rate will top out around 4.5%
Trey Garrison
Even one-handed economists can’t come to a single forecast, but economists at the American Bankers Association come together in their outlook for the economy and housing in 2015. Here’s where they land.
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Fitch: 6 predictions for housing in 2015

Rates will rise; mortgage volume will decline
Ben Lane
We may be two weeks into 2015, but that doesn’t mean we’re out of the range of predictions for the year. Analysts from Fitch Ratings weighed in with their predictions for 2015 in their Global Housing and Mortgage Outlook, and there’s good news and bad news.
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Here’s how falling oil prices could hit the mortgage industry

The question is if the gains will offset the losses
Trey Garrison
Oil prices aren’t going up anytime soon, and we could be looking at $35-per-barrel oil before all is said and done. Here’s how that could impact housing and mortgage finance.
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Zillow: Mortgage rates fall to 19-month low

Continues downward trend
Ben Lane
The interest rate for a 30-year, fixed-rate mortgage fell again last week, plunging to a 19-month low, according to a new report from Zillow. The cause? Slowing global growth, weak equity markets, falling oil prices and low market activity over the New Year's holiday.
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Bankrate.com: Expect Fed to move on interest rates by mid-year

But don’t expect mortgage rates to go as high as 5% in 2015
Trey Garrison
Bankrate.com expects movement sooner than others, but not as much of an increase as most. Here’s why.
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Think our mortgage rates are low? Try England

HSBC offering 1.29% interest rate
Ben Lane
If you aren't quite satisfied with a sub-4% interest rate, check out what one lender is offering in England. Try 1.29%. Yes, you read that right. 1.29%.
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Zillow: Mortgage rates stay far below 4%

Daily rate was volatile due to holiday
Ben Lane
Current rate borrowers were quoted an average interest rate of 3.72% on Zillow’s Mortgage Marketplace in the week that ended Tuesday, down from 3.73% last week.
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FHFA: Mortgage interest rates fall in November

Sink to 4%
Brena Swanson
Mortgage interest rates dropped across the board in November, according to the Federal Housing Finance Agency’s latest mortgage report.
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