John Vella, Chief Revenue Office with Altisource Portfolio Solutions, recently discussed with MReport some of the things to expect from originations heading into next year.
Read More »Court Denies Shareholder Access to Freddie Mac Records
A federal court dismissed a lawsuit filed by a Freddie Mac shareholder who was seeking access to corporate records related to the Net Worth Sweep.
Read More »Is Housing Becoming Less Affordable?
By all accounts, recent good economic news combined with solid demand and low mortgage rates have all resulted in single-family home sales reaching levels not seen since before the crisis. Homes are selling at a higher rate—but are they more affordable?
Read More »GSEs’ Revised Loan App Form Set for 2018 Launch
Freddie Mac and Fannie Mae on Tuesday announced the first redesign of its Uniform Residential Loan Application (URLA) in more than 20 years.
Read More »It’s a Post-Recession High for New Home Sales
New single-family home sales took a notable upturn in July, with the month becoming the best month for new sales since 2007. What drove the increase, and will new home sales continue to rise?
Read More »Freddie Mac: Common Securitization Platform Nearly Ready
Later this year, Freddie Mac will achieve a goal it has been working toward with Fannie Mae under the direction of the Federal Housing Finance Agency since 2012, if all goes according to plan.
Read More »Is the ‘Brexit’ Effect Wearing Off for the Mortgage Industry?
With mortgage interest rates hovering just above historic lows for the last few weeks, one would think the environment is great to refinance a mortgage. One analysis found however, reported a decline in refinances.
Read More »Court Denies Government’s Bid for New Trial in BOA ‘Hustle’ Case
Having dismissed a $1.27 billion penalty against Bank of America for the High Speed Swim Lane (HSSL, or "Hustle" program) in May, the 2nd Circuit Court of Appeals ruled in favor of the bank again on Monday.
Read More »Ex-Fannie Mae Chief Mudd Settles with SEC
Former Fannie Mae CEO Daniel Mudd and the Securities and Exchange Commission (SEC) have reached a settlement over a lawsuit the SEC filed against Mudd nearly five years ago.
Read More »Positives Pushing Housing Market Near Potential
Gains in existing-home sales, wage growth, job growth, low mortgage rates have fueled consumers’ confidence in the U.S. housing market, according to one analysis.
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