purchase outlook cut, refi raised | modifications fades

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Purchase Finance Outlook Cut, Refi Raised preview | full story An increase in the forecast for refinance fundings was offset by a reduction in the projection for purchase production. www.mortgagedaily.com/stories/Outlook091514.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. Loan Modification Activity Fades preview | full story The volume of mortgage loan modification activity was down on a month-over-month basis and tumbled on a year-over-year basis. www.mortgagedaily.com/stories/Modifications091514.asp Lender Penalized for Denying Loan on Indian Reservation Property preview | full story A residential lender that denied a Native American couple's loan request because their property is on an Indian reservation ended up settling with the couple. www.mortgagedaily.com/stories/SettlementHud091514.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 Refinance Mortgage Leads Settlement preview | full story A company that generates refinance mortgage leads has settled charges that it misled loan prospects about the cost of the transactions. www.mortgagedaily.com/stories/SettlementFtc091514.asp HSBC Latest to Settle MBS Lawsuit With FHFA preview | full story Another settlement has been reached over the sale of shoddy private-label mortgage-backed securities to the Federal National Mortgage Association and the Federal Home Loan Mortgage Corp. www.mortgagedaily.com/stories/SettlementHsbc091514.asp Banks Drive Drop in Mortgage Jobs preview | full story Total mortgage industry employment was lower in the latest quarter as a result of a sharp drop at banks. Home lending jobs moved up, however, at credit unions and non-banks. North Carolina suffered more than any other state. www.mortgagedaily.com/stories/MortgageEmploymentIndex091514.asp Bank Mortgage Market Share Continues to Diminish preview | full story The trend of declining mortgage market share at banks continued during the latest quarter even as overall originations increased. www.mortgagedaily.com/stories/MarketShare091314.asp Service Providers Make Up Many of Mortgage Layoffs preview | full story As mortgage lenders respond to a changing marketplace with staff reductions, several service providers are finding themselves in the same position. www.mortgagedaily.com/stories/Layoffs091414.asp Maternity Discrimination Settlements Pile Up preview | full story Another home lender has agreed to resolve allegations that it discriminated against a borrower on maternity leave -- bringing to 14 the number of such settlements reached over the past three or so years. www.mortgagedaily.com/stories/SettlementHud091214.asp Down Payments Rise, Hawaii's Highest preview | full story Home buyers plunked down more cash in the second quarter, a positive sign for the housing market. Down payments were largest in the Aloha State. www.mortgagedaily.com/stories/Downpayments091214.asp

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