Daily Dose

Many have feared the recent growing popularity in nonqualified mortgage loans could indicate another crisis is on the horizon, but are these worries warranted? New research released Thursday looks at the link between non-QM and subprime loans. Are they similar enough to spell another crash? Thursday’’s report has some interesting findings.

Keeping Fannie Mae and Freddie Mac as-is? That’s no longer an option according to remarks heard by the Senate Committee on Banking, Housing, and Urban Affairs today. But what’s necessary to push through reform? And what would the agencies look like on the other side? Today’s hearing offered much-needed insight.

The technology-driven digitalization of notarization means maximum efficiency, cost-effectiveness, and convenience for the otherwise paper-heavy mortgage industry, but at what cost? This story was originally featured in the June edition of MReport.

Results are in from the Fed’s Stress test of 34 banks, and nearly all banks passed with flying colors, causing the market to take off after hours. One bank, however, will have to resubmit before the end of the year…

Over the last two years, a few different trends have emerged concerning where and when people are buying homes, according to a recent report, and they aren't what you think. Read ahead to see how millennial are continuing to shape the housing market.

The National Association of Realtors reported in their Pending Home Sales Index that contract signings are continuing their now three month pattern. Repeat buyers have it tough and first-time homebuyers can’t catch a break.

These states are magnets for movers for a number of reasons. Read on to find the next great investment area, and how much it is expected to appreciate over the next year.

Seeing homes in your metro switch from “for sale” to “sold” rapidly? Chances are, you’re seeing the effects of the housing shortage. The latest research from Trulia revealed a significant correlation between the inventory shortage and how long homes are staying on the market, but depending on your metro and if you’re buyer is looking for a starter, trade-up, or premium home you could be experiencing more severe effects.

Two Senators could be drafting legislation to split up Fannie Mae and Freddie Mac, according to Bloomberg. The move would be made in an effort to increase competitiveness in the secondary mortgage market. What's their plan, and how might it affect the secondary mortgage market?

The Consumer Financial Protection Bureau has taken two big steps in clarifying its amendments to the 2013 mortgage servicing rules, which were issued in August 2016. The Bureau issued a correction on its amendments, as well as guidance regarding the three-day early compliance period. Born out of industry concern over the rule’s midweek effective dates, today’s announcement could be a game-changer for many in the industry.