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 'mortgage lending'

ARTICLES

Capital Economics: How long will the refi boom last?

It won’t be as big as the last
Brena Swanson
Mortgage rates continue to stay below 4%, triggering another refinancing boom. But even though rates are back down to levels seen a couple years ago, the question remains: How long will it last?
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Mortgage interest rates slide in FHFA December index

Average slips below 4% in last weeks
Trey Garrison
Nationally, interest rates on conventional purchase-money mortgages decreased from November to December. Here’s what happened.
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Mortgage risk for agency loans hits record high in December

VA and FHA loans hit series high
Trey Garrison
The risk of mortgage defaults on agency loans is growing, reaching a new high in December, and with coming changes it may get worse. Here's the skinny.
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Does the mortgage industry still need Appraisal Management Companies?

Not with Fannie Mae's Collateral Underwriter
Gary Crabtree
There has been a lot of talk about Fannie Mae's Collateral Underwriter from all sides of the industry. Although appraiser Gary Crabtree's review is not all negative, it also doesn't say the system is a win for housing.
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CFPB wants more mortgages in "underserved" areas

And here's how they will get it done
Brena Swanson
Right now there are few players in the rural and underserved mortgage lending space. But the Consumer Financial Protection Bureau is now pushing to change that.
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Ally reports FY14 net income of $1.2B

Fully exited TARP, returns $19.B to Treasury
Trey Garrison
Ally had a good year, with improved profits and a full payback of TARP funds. Here’s what happened.
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Freddie Mac: Mortgage rates reverse course, move higher

Still hover around yearly lows
Brena Swanson
Mortgages rate finally reversed course and slightly edged higher. However, despite the increase, rates remain at the lowest levels since May 2013.
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Homeownership hits 20-year low in 4Q14

Level buoyed by delinquencies
Homeownership in the fourth quarter hit a 20-year low. Here's what's happening.
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Pending home sales see second biggest monthly drop since May 2010

NAR thinks it may be time for existing owners to trade up
Trey Garrison
Pending homes sales stalled out in December, the worst monthly drop since May 2010. Here's what happened and what it portends.
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On Julián Castro: I’m not sure there’s any there there

One thing's for sure, he could step into Biden’s shoes
Trey Garrison
After watching him on the Daily Show, you realize Julián Castro may not be the HUD secretary housing needs, but he's the one the country deserves.
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