A group of 26 stakeholders in the housing industry has written a letter to FHFA Director Mel Watt asking him to either reduce or eliminate loan-level price adjustments (LLPAs) and guarantee fees charged by the Fannie Mae and Freddie Mac.
Read More »CFPB Investigation Uncovers Servicing Violations
The Bureau reported violations due to deficient technology and process breakdowns as a result of numerous examinations of mortgage servicers since the CFPB’s new servicing rules went into effect in January 2014.
Read More »Legal League 100 Turns Attention Toward Advocacy
On Wednesday, members of the Legal League 100 Advisory Council met in Dallas, Texas, to discuss the state of the Legal League 100 and its subcommittees, and to create initiatives to reflect the concerns and needs of its membership.
Read More »Watchdog Finds Trouble with CFPB’s Culture
The GAO reported on Tuesday that a survey of the CFPB's nonexecutive employees revealed concerns over fair treatment in the workplace.
Read More »Carrington Adds Conventional Loan Products
The Wholesale Lending Division of Carrington Mortgage Services, LLC, has announced the addition of conventional loans to its suite of products.
Read More »Ernst Integrates Services of First American Mortgage Solutions
Ernst Publishing Company has announced the integration of the services of First American Mortgage Solutions into its closing cost search and fee management software.
Read More »How Risky are Government MI Programs?
Mortgage insurance programs are one way the federal government subsidizes homeownership to low- and moderate-income buyers. But just how much risk is involved with these loans?
Read More »Fed’s Kashkari: Banks Need ‘Massive Structural Changes’
The largest banks may be forced to curtail their lending as a result of tough capital requirements, according to Minneapolis Fed President Neel Kaskhari.
Read More »The VP’s Possible Effect on the Industry
The names Elizabeth Warren and Julián Castro have been mentioned as possible running mates for Clinton. How will her selection affect the broader U.S. housing market?
Read More »NRES Welcomes Two New Managers to Operations Team
National Real Estate Solutions has announced that two senior level managers have joined the company’s Operations team to support current and future growth.
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