The Federal Housing Finance Agency announced in June that it was seeking industry opinion on Fannie Mae and Freddie Mac guarantee fees, and while the results of this have not been revealed, a new survey of mortgage bankers gives a preview into what lenders expect to happen with increases.
Paul Gomez and George Reichert joined the senior leadership team at Genworth Financial’s U.S. Mortgage Insurance unit after being named chief operations officer and chief information officer, respectively.
"We designed the Rate Express mobile application based on extensive feedback from customers about the features that would help them be most productive," said Erika Stinson, Genworth U.S. Mortgage Insurance digital channel product manager.
Mortgage insurers face ongoing challenges as the market attempts to shift to private capital. At the same time, regulators are calling for stronger underwriting standards at private MIs, but the sudden push could stall the return of private capital.
There is one distinct moment in recent memory when everything was going to be just fine. On an early morning, back in April 2013, the smallest of miracles happened on the economic front. This singular event would lead to calls that the developed world’s ability to do business, with all of its multitudinous complexities, was on the road to a recovery, maybe this time, finally, forever..
With this year's 15 for 15, we're profiling 15 companies who are well positioned to take on the challenges of 2015. The companies occupy different roles within the housing finance space — from lenders to servicers to technology providers — but they all share a vision for an outsized impact in the year ahead. Read More
Regulation and compliance — these words have been at the forefront of the mortgage industry in the past year or so. As we prepare to enter 2015, focusing on compliance and new and constantly changing regulations will remain the industry’s focus. Read More