Credit Plus, a provider of insight for mortgage professionals, recently announced that it is currently testing trended credit data within its platform to meet Fannie Mae requirements and expects the availability of trended credit data reports beginning April 1, 2016.
Read More »Mortgage Contracting Services Acquires EPIC Real Estate Solutions
Mortgage Contracting Services (MCS), a nationwide provider of property preservation, inspections, REO property maintenance, and valuations for the financial services industry headquartered in Plano, Texas, has announced the acquisition of Austin, Texas-based EPIC Real Estate Solutions.
Read More »Top 10 Trendy, Affordable Housing Markets
There is a new type of housing market emerging in the U.S., that fits the cultural, hipster needs of today's young homeowners. See which markets Realtor.com says are perfect for New Age homebuyers.
Read More »Fed Agencies Issue Property Evaluation Expectations for Banks
The issue that has been at the center of debate among banks for some time is whether or not property evaluations are sufficient substitutions for appraisals when determining the value of a home for real-estate-related financial transactions.
Read More »Treasury Issues First Guidance on Termination of Making Home Affordable Program
The government's Making Home Affordable (MHA) program was launched by the Obama Administration in February 2009 as a way to stabilize the housing market and help struggling homeowners avoid foreclosure.
Read More »Putting Mortgage Servicing Compliance in Focus
Ocwen’s Chief Compliance Officer, Michael Hollerich, sat down exclusively with MReport to discuss compliance trends in the mortgage industry and how the nonbank servicer is creating a revitalized culture of compliance.
Read More »Refinances Could Be Poised for a Major Upswing
The number of borrowers who could either qualify for or benefit from a mortgage refinance has skyrocketed by 1.5 million since January 1.
Read More »What the Mortgage Industry Needs to Know About Housing This Year
Between regulations, potential rate hikes, and the upcoming election, the mortgage industry will have plenty to focus on throughout the year. Dr. Umit Gurun, a Professor of Accounting and Finance at the Naveen Jindal School of Management at University of Texas at Dallas, provides MReport with insight on what the housing market picture may look like for the rest of the year.
Read More »Will a Lack of Wage Growth Hamper Affordability This Spring?
Job gains were solid and the labor force participation rate reached a 15-month high in February's Employment Summary from the BLS. But the news was not all positive.
Read More »Fannie Mae, Freddie Mac Deemed Private Companies by 9th Circuit Court
The Ninth Circuit Court of Appeals affirmed a decision by a lower court that Fannie Mae and Freddie Mac are "private companies." What will the ruling mean, if anything, for the pending lawsuits by GSE investors who claim the Net Worth Sweep is illegal?
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