US says plenty of evidence Countrywide lied to GSEs | record attendance at NAMB conference

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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 5 Big Appraisal Review Questions Use outside vendors or in-house resources? Buyer's Guide from Interthinx helps maximize appraisal review services. Click here. 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 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 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 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 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 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 Best Handlers of Mortgage Leads preview | full story In a ranking of network lenders who compete for mortgage leads, a company operating from the Empire State maintained its top standing. www.mortgagedaily.com/stories/BestNetworkLenders091914.asp LOs Closing More of Mortgage Applications preview | full story Residential loan originators are working harder to close loans, pushing up the closing ratio. The only product to see diminished productivity was government-insured refinances. www.mortgagedaily.com/stories/OriginationInsight091914.asp Jumbo MBS Issuance Surges at Ginnie preview | full story Mortgage securitizations improved for the fifth consecutive month at the Government National Mortgage Association. Jumbo activity rose to the highest level in a year and a half. www.mortgagedaily.com/stories/GinnieIssuance091914.asp Weekly Mortgage Business Flat as Rates Rise Again preview | full story New mortgage activity crept higher this past week and might have been even more robust were it not for an increase in interest rates. www.mortgagedaily.com/stories/MMI091914.asp

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