Friday, September 19, 2014



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Proprietary Reverse Mortgage Originations Tumble preview | full story
While government-insured reverse mortgage originations have recently been subsiding, the decline has been more pronounced with proprietary production.
www.mortgagedaily.com/stories/ReverseProduction091814.asp


www.elliemae.com

GOP Senate Could Have Huge Impact on CFPB preview | full story
A change of power in the Senate could have a big impact on the Consumer Financial Protection Bureau -- which has recently come under fire.
www.mortgagedaily.com/stories/MctCfpb091814.asp



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Mortgage Bankers Lower Q4 Purchase Finance Outlook preview | full story
The nation's mortgage bankers have scaled back their expectations, yet again, for mortgage originations to finance home purchases.
www.mortgagedaily.com/stories/Outlook091814.asp


Agency MSRs Up for Grabs preview | full story
Residential loan servicers that are interested in growing their portfolios have an opportunity to do so through an ongoing source and a bulk purchase.
www.mortgagedaily.com/stories/MsrOffering091814.asp


Fixed Rates Jump, 1-Year ARM Moves Lower preview | full story
Fixed interest rates on home loans surged this past week, while adjustable rates took a turn for the better.
http://www.mortgagedaily.com/stories/Rates091814.asp


Apartments Behind Sharp Drop in Construction preview | full story
Home builders broke ground on fewer properties last month than had been anticipated by economists. Multifamily starts fueled the decline.
www.mortgagedaily.com/stories/MctRealEstate091814.asp


Merger Creating a New Top-20 Mortgage Lender preview | full story
The upcoming merger of two independent lenders will create a mortgage banker that would have ranked among the 20-biggest originators last year.
www.mortgagedaily.com/stories/ColbaltAcquisition091714.asp


GSEs Weren't Ready for New Reps & Warranties Framework preview | full story
A watchdog report says that the Federal Housing Finance Agency jumped the gun when it required Fannie Mae and Freddie Mac to implement a new representation and warranty framework -- exposing both companies to unnecessary risk.
www.mortgagedaily.com/stories/GseRepsWarrants091714.asp


Mortgage Market Conditions Deteriorate preview | full story
Fewer lenders see home prices rising, while more said it was hard to get a home loan, according to a survey of senior mortgage executives. The outlook is for weakening mortgage demand.
www.mortgagedaily.com/stories/LenderSurvey091714.asp


Government Sees Massive Recoveries from Whistleblowers preview | full story
Whistleblower actions have helped the U.S. government amass a mountain of cash from financial institutions, and modifications to one law could lead to more cash and prosecutions.
www.mortgagedaily.com/stories/WhistleblowerDoj091714.asp


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




     

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