Goldman agrees to $3 bil in repurchases | mortgage bankers cut purchase forecast

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Goldman Agrees to $3 Billion in Repurchases preview | full story The Goldman Sachs Group Inc. has agreed to repurchase more than $3 billion in residential mortgage-backed securities it sold to Fannie Mae and Freddie Mac. www.mortgagedaily.com/stories/SettlementGoldman082514.asp 5 Big Appraisal Review Questions Use outside vendors or in-house resources? Buyer's Guide from Interthinx helps maximize appraisal review services. Click here. Mortgage Bankers Cut Purchase Financing Forecast preview | full story The expected volume of loans used to finance home purchases was lowered for the current quarter and year. www.mortgagedaily.com/stories/Outlook082614.asp Mortgage Advertising read more Put your company's ad on this e-mail newsletter. read more | e-mail | 800.511.5204 | www.mortgagedaily.com/advertise.asp Retail, Wholesale HECM Channels Both Off in June preview | full story A monthly drop in federally insured reverse mortgage production impacted retail and wholesale channels alike. Overall business has since moved higher. www.mortgagedaily.com/stories/ReverseProduction082514.asp New Home Sales Disappoint preview | full story New home sales unexpectedly declined last month, and it was the Northeast that created the biggest drag on the national market. www.mortgagedaily.com/stories/MctRealEstate082514.asp CMBS Delinquency Ticks Up in July preview | full story For the first time since 2012, the late payment rate on securitized commercial real estate loans moved higher. Out front of the deterioration were loans secured by office buildings. www.mortgagedaily.com/stories/DelinquencyCmbs082614.asp Fastest Growing Mortgage Firms preview | full story Among America's 500 fastest-growing companies are a mortgage banker, a mortgage servicer and a property preservation service provider. A mortgage lead generation firm also made the list. www.mortgagedaily.com/stories/FastestGrowing082214.asp CFPB Selects 12 Firms for eClosing Pilot preview | full story A dozen firms, more than half of which are lenders, have been selected by the Consumer Financial Protection Bureau to participate in a digital experiment. www.mortgagedaily.com/stories/eClosingPilot082214.asp Jumbo Mortgage Rates Surge preview | full story After hovering below conforming interest rates for more than four months, rates on jumbo mortgages leapt past conforming rates. Still, new jumbo business moved up more than any other category. www.mortgagedaily.com/stories/MMI082214.asp Several Industry Gatherings Slated Through December preview | full story Although the first half of the year is already over, opportunities for conferences still abound for mortgage industry professionals. http://www.mortgagedaily.com/stories/Conferences082214.asp Younger Borrowers Have Lowest Mortgage Delinquency preview | full story Quarterly mortgage delinquency continued to improve, with loans to the youngest segment of the population performing the best. www.mortgagedaily.com/stories/Delinquency082214.asp

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