Friday, September 26, 2014



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Fannie COO Departing preview | full story
The top operations executive at the Federal National Mortgage Association has advised the government-controlled company of his impending departure.
www.mortgagedaily.com/stories/FannieCoo092514.asp


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More Mortgage Borrowers Miss Payment preview | full story
The rate of borrowers whose residential loans became a month overdue deteriorated last month even as foreclosures eased.
www.mortgagedaily.com/stories/Delinquency092514.asp



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Borrowers in TX, HI Have Best Equity Positions preview | full story
A bigger share of borrowers in the Lone Star State are in a positive-equity position than in any other state. Borrowers in the Aloha State have the highest proportion of equity.
www.mortgagedaily.com/stories/NegativeEquity092514.asp



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Mortgage Delinquency Up At Banks preview | full story
Banks and thrifts continued to reduce the size of their mortgage servicing portfolios and make improvements on home loan performance.
www.mortgagedaily.com/stories/MortgageMetrics092614.asp


Mortgage Rates Slip, Could Drift Lower preview | full story
Fixed rates on home loans eased this past week and could continue to drift lower. Shorter term mortgages were less attractive.
www.mortgagedaily.com/stories/Rates092514.asp


Foreclosures By HOAs Wipe Out Mortgage Liens preview | full story
Decisions made in separate lawsuits filed in Nevada and Washington, D.C., have mortgage lenders losing their liens when homeowners associations foreclose.
www.mortgagedaily.com/stories/LawsuitUsBank092414.asp


$3 Billion IPO is Biggest for Commercial Bank preview | full story

A completed $3 billion initial public offering is the biggest for a U.S. commercial bank. Some of the proceeds will be used for mortgage recruitment.
www.mortgagedaily.com/stories/MctCitizensIpo092414.asp


Improved Valuation Service Offerings preview | full story
Several service providers have stepped up their appraisal offerings, some though alliances with other service providers. One vendor recently picked up two new clients.
www.mortgagedaily.com/stories/Appraisals092414.asp


How Ginnie Differs from GSEs preview | full story
In addition to its guarantee structures and servicing responsibility, Ginnie Mae differs from its secondary step-cousins in the size of its ranks.
www.mortgagedaily.com/stories/GinnieVsGses092314.asp


New Home Sales Soar preview | full story
New home sales jumped to the highest level in six years but still stand well below pre-crisis levels.
www.mortgagedaily.com/stories/MctRealEstate092414.asp


Read the full text of these articles and many more at: www.MortgageDaily.com




     

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