Consumer Financial Protection Bureau Director Richard Cordray called attention to the mortgage industry, particularly lenders, in a speech on Wednesday, where he highlighted some of the progress and pitfalls that the housing market faces.
Read More »Clayton Holdings Appoints Interim President
Radian Group Inc. announced Wednesday that it has appointed Jeff Tennyson to serve as interim president of Clayton Holdings LLC, the company's principal mortgage and real estate services subsidiary.
Read More »Will the Fed Keep Interest Rates Lower for Longer?
Many in the mortgage industry are beginning to question how much longer will rates remain low. See what economists are predicting the Fed do this month at their monetary policy meeting.
Read More »How Servicers Can Prevent Liens From Cutting into Investor Profits
For some time there have been questions surrounding how servicers can protect the lien rights of their investors with regard to the lien position of Homeowner Association properties, but there are ways to avoid this conflict.
Read More »Genworth Adjusts Borrower Paid Mortgage Insurance Premium
Genworth Mortgage Insurance, a subsidiary of Genworth Financial, Inc., recently announced that it has standardized and simplified its Borrower Paid Mortgage Insurance (BPMI) premium structure.
Read More »Ernst Publishing Company Welcomes New Director of Strategic Accounts
Ernst Publishing Company recently announced that it has hired Mike Fletcher to serve as Director of Strategic Accounts–Lending Market.
Read More »Servicers: How the HUD Mortgagee Letter Will Affect Your Business
Patrick Nackley, Director of Marketing and Business Development at Superior Home Services sat down with MReport to explain how the new HUD advisement will affect servicers' businesses and what they can do to adjust and comply with the changes.
Read More »First Mortgage Debt on the Rise, but HELOC Balances Subside
New debt created by first-time homebuyers transitioning into homeownership and existing homeowners that are upgrading to larger homes growing a rapid pace, meanwhile, home equity loan balances have cooled off thanks to borrowers paying off debts.
Read More »What the Mortgage Industry Needs to Know About Regulatory Compliance
New regulatory requirements from government entities are completely changing the pace and manner in which the mortgage industry does business. Compliance has become the new focal point for lenders, servicers, and others in this space.
Read More »Greater Opportunities on the Horizon for Single-Family Rental Investors
The greater demand for single-family rental housing has resulted in an increase in the price of rents, which means greater opportunities for investors looking to either enter or expand in the single-family rental market.
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