3 quick takeaways from the mortgage conference happening right now

3 quick takeaways from the mortgage conference happening right now

Tidbits from SourceMedia Mortgage Servicing conference

Stewart Information Services 1Q earnings suffer from mortgage reductions

Posts net loss of $12.1 million

New home sales plummet 14.5% in March

Spring buying season off with a whimper
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Items Tagged with 'Ed DeMarco'

ARTICLES

Parting FHFA Director DeMarco gives one last call for GSE reform

Terminates position at end of April
March 24, 2014
“My earnest hope is that recent legislative initiatives in the House and the Senate lead to the consensus needed to bring such legislation to enactment,” DeMarco said in his parting letter to director Mel Watt.
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Mel Watt nomination means 'status quo' for the mortgage industry

Comprehensive Fannie, Freddie reform is out
December 11, 2013
Mel Watt as FHFA director means more of the same for the housing industry, and you can forget comprehensive Fannie and Freddie reforms, market analysts say.
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U.S. Senate confirms Mel Watt as next FHFA director

Congressman secures 57 Senate votes
December 10, 2013
It's official: The U.S. Senate has voted to confirm Congressman Mel Watt, D-N.C., as the next director of the Federal Housing Finance Agency.
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Senate green lights full vote on Mel Watt FHFA nomination

Vote and official appointment could come this afternoon
December 10, 2013
The U.S. Senate held a procedural vote on Mel Watt’s nomination to lead the Federal Housing Finance Agency this morning. A full vote and his official confirmation could come as early as this afternoon.
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FHFA leadership shift could impact HARP eligibility

Various coupons at-risk of change
November 22, 2013
With Sen. Harry Reid, D-Nev., changing the voting threshold in the Senate for new presidential appointments, analysts are prepping investors for changes in HARP-eligibility requirements.
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FHFA directs GSEs to restrict force-placed insurance practices

Limitation of practices may squeeze lenders, taxpayers
November 5, 2013
The Federal Housing Finance Agency is directing Fannie Mae and Freddie Mac to restrict forced-placed insurance practices, which is a follow up from a notice the agency published in March regarding its views on such practices.
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FHFA leader Ed DeMarco blames political delays for stalled housing reforms

October 28, 2013
While the opportunity to rebuild the mortgage market is upon us, various challenges remain, says Ed DeMarco, acting director for the Federal Housing Finance Agency.
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FHFA leader discusses future mortgage market

DeMarco: Expect g-fee hikes, lower conforming loan limits
October 24, 2013
Federal Housing Finance Agency Acting Director Ed DeMarco announced various changes to the enterprises' single-family guarantee business, including additional risk-sharing transactions, higher guarantee fees and an eventual reduction of the conforming loan limits.
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Who is the only one qualified to run the FHFA?

Answer: Ed DeMarco
October 17, 2013
The greatest guessing game on Capitol Hill appears to be who will lead the conservator of Fannie Mae and Freddie Mac. However, there's no need to guess when the man best suited for the position is already in office.
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Lawmakers sound alarm on reducing loan limits

Representatives push back against DeMarco’s strategic goals
October 11, 2013
More than 60 policymakers took to their soapboxes, sounding the alarm on the harmful effects reducing conforming loan limits would have on the fragile mortgage market.
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