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 'Janet Yellen'

ARTICLES

The Economist snubs Janet Yellen

Fed Chair left off publication's most influential economist list
Brena Swanson
A quick perusal of The Economist's list of the most influential economists shows that one very pivotal name is nowhere to be found. But somehow Jonathan Gruber made the list.
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Yellen talks interest rates and oil prices

Fed Chair comments on FOMC announcement
Brena Swanson
Federal Reserve Chair Janet Yellen commented on two hot topics in the market right now: interest rates and oil prices. And her answers might surprise you.
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FOMC: Tapering is officially over

Economy expands at moderate pace
Brena Swanson
It’s over. The Federal Open Market Committee officially decided to conclude its two-year-old asset purchase program this month due to the substantial improvement in the outlook for the labor market and strength in the broader economy. The Zero Interest Rate Policy, on the other hand, remains in full effect.
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Chris Whalen: The Great Recession’s true impact

What has really changed?
Brena Swanson
It’s been about half a decade since the Great Recession, and the economy still has room for improvement. Christopher Whalen argues that the low-interest-rate environment that arguably helped cause the 2008 financial crisis remains in place today.
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KBRA: 3 reasons the Fed won't change interest-rate policy

"Adverse market conditions in the future"
Brena Swanson
The Federal Open Market Committee is nearing the end of quantitative easing, spurring a lot of questions in the market on what the future holds. Kroll Bond Rating Agency’s Christopher Whalen suggests the markets may be overestimating the willingness of the FOMC to make a change in interest rate policy for three key reasons.
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Lawmakers demand more controls on Fed bailout power

Warren, Vitter, Brown, & others lead charge to change "too big to fail" plans
Ben Lane
In the letter, the lawmakers write that the Fed’s proposed rule under Section 1101 "places no meaningful restrictions on its emergency lending powers, and in a time of crisis, invites the same sort of backdoor bailout we witnessed five years ago."
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Round 2: Yellen testifies on monetary policy report again

Same defense, different accusers
Brena Swanson
Federal Reserve Chair Janet Yellen went through round two in speaking about the Fed’s Monetary Policy Report, this time sitting before the House Financial Services Committee.
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NAHB joins NAR in reporting "good news" about housing "recovery"

I guess the housing recovery is real after all...not
Lynn Effinger
While I could make a case that no one wants to see the housing industry get back on a firm foundation more than yours truly, there is too much evidence mounting that the overall housing market is headed for another downturn.
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Yellen: Economy uncertain, housing disappoints, and rate hikes are coming

Fed Chair sees little progress in housing metrics
Trey Garrison
The Federal Reserve may look at raising interest rates sooner than initially forecast, and Fed Chair Janet Yellen stressed again that there is considerable uncertainty about the nation’s economic outlook, and that the housing and housing finance industries continue to be troubled.
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Schumer: I’m going to encourage Yellen to be careful with interest rates

Democratic Senator wants to know when taper will end
Ben Lane
Federal Reserve Chair Janet Yellen is set to testify before the Senate committee on Tuesday and Senator Charles Schumer (D-N.Y.) told MarketWatch what he plans to ask Yellen when she’s in the hot seat.
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