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State regulator group offers guidance for mortgage servicing oversight

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — The Conference of State Bank Supervisors unveiled a proposed set of best practices for state oversight of nonbank,.. Read More;

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Freddie Mac preparing to launch new type of multifamily mortgage bond

National Mortgage
Mortgage Finance
5 years ago

Freddie Mac plans next week to market its first offering of multifamily sustainability bonds in a move aimed at both,.. Read More;

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Mortgage rates remain under 3% despite positive economic news

National Mortgage
Mortgage Finance
5 years ago

Mortgage rates fell back toward their all-time low this week, increasing purchasing power for homebuyers. But the lack of homes,.. Read More;

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The lack of RON standardization creates industry confusion

National Mortgage
Mortgage Finance
5 years ago

The need for nationwide remote online notary standards becomes more apparent each day. Because RON laws are passed at the,.. Read More;

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Freddie Mac scrubs student-housing, senior living loans from K-Deals

National Mortgage
Mortgage Finance
5 years ago

Off-campus, private student housing and independent/assisted living centers for seniors were already limited asset types within Freddie Mac’s “K-Deal” securitizations,,.. Read More;

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Life insurers may see mortgage losses above fiscal crisis levels

National Mortgage
Mortgage Finance
5 years ago

Life insurers are likely to see higher COVID-era losses on their commercial mortgage investments than those from the Great Recession,,.. Read More;

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Forgery allegations leveled at mortgage lender by DoJ

National Mortgage
Mortgage Finance
5 years ago

Nutter Home Loans is facing allegations from the Department of Justice regarding improprieties in Federal Housing Administration-insured mortgage originations.The complaint,.. Read More;

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Libor exit sparks legal fears for global banks, Moodys says

National Mortgage
Mortgage Finance
5 years ago

While most global banks say they’re gearing up for a shift from Libor, concerns persist about lawsuits if borrowers reach,.. Read More;

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States Title automation tool aims to cut escrow and title turnaround

National Mortgage
Mortgage Finance
5 years ago

States Title recently announced the launch of its software tool, Instant Closing Disclosure, an automation tool designed to cut time,.. Read More;

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Mortgage applications slow even as rates reach a new low

National Mortgage
Mortgage Finance
5 years ago

Mortgage applications decreased 4.8% from one week earlier, as refinance activity was down even as average rates fell to a,.. Read More;

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MISMO standard for IRS tax transcript authorizations receives approval

National Mortgage
Mortgage Finance
5 years ago

The Mortgage Industry Standards Maintenance Organization on Tuesday formally voted to approve recommended language for tax-transcript authorizations in a move,.. Read More;

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Home sales contracts hit record with housing market booming

National Mortgage
Mortgage Finance
5 years ago

Pending home sales rose more than expected in August, reaching the highest level on record as low mortgage rates fuel,.. Read More;

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