Wednesday, September 24, 2014



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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


www.pointserv.com

Risk of Identity Mortgage Fraud Intensifies preview | full story
There was no quarterly change in the risk of mortgage fraud across the country. But likely instances of perpetrators hiding their identity worsened.
www.mortgagedaily.com/stories/FraudRiskIndex092414.asp


www.LoanKinection.com

Ginnie Addresses Growth in Non-Bank Issuers preview | full story
The Government National Mortgage Association is increasingly doing business with non-bank servicers, presenting a new set of challenges.
www.mortgagedaily.com/stories/GinnieNonBanks092314.asp



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FDIC Sues Frmr CEO, Directors of Failed $1 Bil Bank preview | full story
A new lawsuit filed against Bank of the Commonwealth's former chief executive officer, chairman and board members seeks at least $11 million in damages.
www.mortgagedaily.com/stories/MctLawsuitFdic092314.asp


US Says Plenty of Evidence Countrywide Lied to GSEs preview | full story
Bank of America Corp.'s attempt to avoid a more than $1 billion penalty from a federal lawsuit is being opposed by the government, which says it presented more than enough evidence to support the decision.
www.mortgagedaily.com/stories/MctLawsuitBofA092214.asp


Record Attendance at Mortgage Broker Conference preview | full story
Attendance at the recent mortgage broker conference was better than it has ever been, prompting an optimistic outlook for the industry.
www.mortgagedaily.com/stories/NambConference092214.asp


New Jersey Mortgage Fraud Cases Fit For a Movie preview | full story
Three mortgage fraud cases out of New Jersey -- one involving a former mayor, another involving a mob accountant and a third involving a reality TV star -- are the stuff of movies.
www.mortgagedaily.com/stories/FraudNj092114.asp


FHA Helps Push Up Higher Priced Loan Share preview | full story
Government data released annually indicate that an increase in the share of federally insured mortgages has helped push up the share of higher priced loans.
www.mortgagedaily.com/stories/Hmda092214.asp


Mortgage Firm With Several M&As Being Acquired preview | full story
A mortgage company that has completed five mergers and acquisitions over the past seven years is now, itself, the target of an acquisition.
www.mortgagedaily.com/stories/AcquisitionComstock092014.asp


Existing Home Sales Drop as Cash Sales Slow preview | full story
A retreat by cash investors dragged down sales of previously owned homes last month. The decline followed several months of improvement.
www.mortgagedaily.com/stories/MctRealEstate092214.asp


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




     

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