How far can lenders push the credit box?

How far can lenders push the credit box?

Watt announcement helps, but risk keeps standards tight

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition
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Items Tagged with 'mortgage market'

ARTICLES

MERS and ICE in talks to merge

Steps into $9.4 trillion mortgage market
Brena Swanson
Intercontinental Exchange, which is best known for energy trading, could possibly be stepping into the mortgage market. The company is currently in negotiations to form a partnership with Mortgage Electronic Registration Systems.
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Cordray's 'New Normal': We know your business better than you

But who watches the watchmen?
Trey Garrison
Richard Cordray spoke at the Federal Reserve Bank of Chicago Friday. It was everything I’d hoped.
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Collapsing mortgage market has Corelogic down, but not out

Due to 60% “contraction” in mortgage origination volumes
Ben Lane
“CoreLogic continued to execute against its strategic plan in the first quarter despite stiff headwinds in mortgage,” said Anand Nallathambi, president and CEO of CoreLogic.
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Trulia: 3 weights pull the housing recovery down

Weather is not one of them
Brena Swanson
Yes, the weather has had an impact on the housing market lately, but what are the other drivers behind why the recovery is moving at a staggering pace?
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Mortgage analytics firm Digital Risk moves to 'hybrid' workforce

Transition to impact roughly 40% of employees
HousingWire Staff
Analytics and risk management specialist Digital Risk is moving as many as 740 employees in Florida to a 'hybrid' workforce model over the next 60 days, in a mass reclassification effort designed to deliver a more flexible workforce. The move represents roughly 40% of the company's employees, according to the Sun Sentinel, which originally reported the news.
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Genpact Mortgage Services to lay off 65 employees in Richardson, TX

More proof of a changing mortgage industry?
Kerri Ann Panchuk
Genpact Mortgage Services Inc., a wholly-owned subsidiary of Genpact International Inc., advised the Texas Workforce Commission this past week that it intends to lay off 65 employees – eight of them salaried workers, the rest hourly positions.
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Independent mortgage bankers squeezed by falling production

The end result could be job losses in 2014
Kerri Ann Panchuk
Compliance costs and falling mortgage production plague independent mortgage bankers. The end result may be looming job cuts in 2014.
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Mortgage insurers are not a panacea to stable housing finance reform

Insurance regulator says insurers can help, but underwriting remains key
Mortgage insurers experienced a period of great volatility after the 2008 housing bust, and those insurers that survived want a place in the future secondary mortgage market once the government-sponsored enterprises have been fully reformed.
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Mortgage market built to withstand government shutdown

Short-term effects will not destabilize the industry
Christina Mlynski
Unless both sides of the aisle can reach a compromise or one side folds, the government will have its first shutdown in 17 years, creating even more uncertainty for the already shaky mortgage market.
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