mtg complaint database could be more effective | Ginnie updates ARM requirements

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Mortgage Complaint Database Could Be More Effective preview | full stories While complaint data about financial services firms provide valuable information, the numbers need to be accompanied by perspective and the process should enhance consumer comparison shopping. www.mortgagedaily.com/stories/MctComplaints082814.asp Ginnie Updates ARM Requirements preview | full story Issuers of Ginnie Mae mortgage-backed securities will need to modify their disclosure practices on adjustable-rate mortgages. www.mortgagedaily.com/stories/GinnieArms082814.asp Pending Home Sales Exceed Expectations preview | full story Contracts for previously owned homes jumped to the highest level in more than a year and significantly exceeded analysts' expectations. www.mortgagedaily.com/stories/MctRealEstate082814.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 Freddie Could Save on Servicer Reimbursements preview | full story A government watchdog report indicates that the Federal Home Loan Mortgage Corp. might be able to save millions of dollars by reviewing more servicer reimbursement reports before they are paid. www.mortgagedaily.com/stories/FhfaOigFreddie082814.asp Mortgage Rates Hold at Year's Low preview | full story Long-term fixed rates, which already stood at a low for the year, maintained their position and are unlikely to rise in the next report. www.mortgagedaily.com/stories/Rates082814.asp Fannie Requiring Seller-Servicer Employee Screening preivew | full story Prospective employees of companies that are approved Fannie Mae sellers or servicers will need to be screened for exclusion from a regulatory list. www.mortgagedaily.com/stories/FannieSuspendedCounterparties082714.asp Alaska USA Increases Lending, Servicing preview | full story Alaska USA Federal Credit Union made quarter-over-quarter gains in lending activity. While servicing also increased, the credit union lost some staff members. www.mortgagedaily.com/stories/AlaskaUsaProduction082714.asp Freddie's Total Mortgage Portfolio Expands preview | full story Freddie Mac's new secondary business moved higher again, while both residential and multifamily delinquency, once again, moved lower. The firm's massive mortgage portfolio increased. www.mortgagedaily.com/stories/FreddieProduction082714.asp Home Repossessions Decline preview | full story The number of distressed residential borrowers to lose their homes to foreclosure last month was down. Serious delinquency held steady. www.mortgagedaily.com/stories/Delinquency082714.asp Agencies, Regulators Missed Taylor Bean Red Flags preview | full story A report from the Office of Inspector General Federal Housing Finance Agency found that the housing finance agencies and regulators missed opportunities to avoid losses from the Taylor, Bean & Whitaker Mortgage Corp. debacle. www.mortgagedaily.com/stories/GseTbw082614.asp

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