Mon, Feb 7 2011, 10:49 AM
The
government has flown past its January 31 deadline for a proposal on the
future of Freddie and Fannie, and things may drone on for a while. For...
Fri, Feb 4 2011, 11:39 AM
Occasionally
I am asked by someone to show them "the life of a loan". Here ya go: Life of a Loan
Let's see... the US government helps out Bo...
Thu, Feb 3 2011, 11:58 AM
Yesterday I was speaking to a regional production manager for a large
investor about business conditions for mortgage brokers and bankers. He
summ...
Wed, Feb 2 2011, 11:59 AM
On to Part VII of compensation Q&A - remember that company's
individual policies may differ from these to some extent, as there is
still a lot of ...
Tue, Feb 1 2011, 9:52 AM
Well, not that the market has turned, but the amount of chatter out
there in the ranks about ARM loans is increasing by the day. Maybe folks
are b...
Mon, Jan 31 2011, 9:38 AM
It is the last day of January already? Time flies. This year we have 4
unusual dates: 1/1/11, 1/11/11, 11/1/11 and 11/11/11. Is it a
coincidence t...
Fri, Jan 28 2011, 10:26 AM
We're on to Part IV of the LO compensation series, noting the Fed's
responses to the MBA's questions. Remember that company's individual
policies ...
Thu, Jan 27 2011, 9:57 AM
Stories in today's Pipeline Press: Part 3 of the Fed answers to the MBA's list of questions. Cross Channel Envy. There is always a program or underwri...
Wed, Jan 26 2011, 10:00 AM
Yesterday I passed along Part 1 of a Q&A dialog between the MBA
and Federal regulators (although SunTrust distributed it to its broker
clients). H...
Tue, Jan 25 2011, 12:14 PM
Fannie and Freddie Foreclosure Inventory Over 240,000 Properties; Fed Responds to Originator Comp Questions; NMLS Uniform Licensing Forms
Mon, Jan 24 2011, 9:41 AM
Lots of Lender Updates; MERS Leadership Change; Job Openings; Wells on Originator Compensation; Bank of America Legal Fees
Fri, Jan 21 2011, 11:22 AM
Originator Compensation FAQs; Loan Putbacks Bruise BoA; Foreclosures Pinch PNC Profits; Servicer Watchdogs; Lender Updates
Thu, Jan 20 2011, 10:59 AM
Realtor Influenced Settlement Costs; The Future of Fannie and Freddie; New Mortagee Letters; Wells Fargo Q4 Loan Production
Wed, Jan 19 2011, 9:57 AM
Freddie Mac Eliminates Streamline Refi Product; Wells Fargo & U.S. Bank Earnings Recap; Plan B for 2011; Lender Bulletins
Tue, Jan 18 2011, 10:30 AM
Quality Control Review Requirements; JPM Chase Mortgage Banking Earnings; Safe Act Reminder; Loan Officer Comp. Conference Call; Lender Updates
Fri, Jan 14 2011, 12:04 PM
New LLPA's Implemented by Lenders; Flagstar Jumbo Product Offering; JPM Chase Earnings; Plethora of Investor Bulletins
Thu, Jan 13 2011, 9:46 AM
Income Verification Verbiage from Dodd-Frank Bill; Ginnie Mae Net Worth Requirements; Feedback on Reverse Mortgages; MBIA Downgraded
Wed, Jan 12 2011, 11:17 AM
Barclays Sees Sharp Slowdown in Prepayment Speeds & No Ease in UW Guidelines; Loan Fraud in South Florida; Reverse Mortgage Volume Down
Tue, Jan 11 2011, 11:26 AM
Amherst Explains Massachusetts Foreclosure Reversals; More on Citi's Originator Compensation Guidance; Lots of Lender Updates
Mon, Jan 10 2011, 9:01 AM
Risk Retention Regs Delayed; Citi Shares Perspective on Originator Compensation; Massachusetts Foreclosures Reversed
Fri, Jan 7 2011, 12:35 PM
Loan Officer Licensing Linked to Credit Reports; Fannie Mae UMDP Training Schedule; Pipelines Thin Out; USDA Update
Thu, Jan 6 2011, 12:43 PM
Good and Bad Feedback on NMLS Process; 2nd Liens on the Move; Another Contractor Mistaken Levels Wrong Home, Texas Cash-Outs
Wed, Jan 5 2011, 12:47 PM
112th Congress Seated; Primary Dealer List Expected to Grow; Bearish Home Price Outlook; Preparing for CMBS Issuance; New Mortgagee Letter
Tue, Jan 4 2011, 10:36 AM
Four Housing Issues to Watch in 2011; Quarterly NMLS Call Reports; Budget Debate Looms; BoA Buyback Resolution Feedback
Mon, Jan 3 2011, 10:37 AM
Loan Officer Professional Privacy Gone; New Mortgagee Letters; Covered Bonds Coming?; BoA Settles with GSEs. Allstate & MBIA Still Suing;
Fri, Dec 31 2010, 10:34 AM
A Poem to Sum Up the Year in Mortgage Lending. Happy New Year!
Thu, Dec 30 2010, 11:03 AM
FTC Blocks Loan Mod Consultants from Collecting Upfront Fees; 3Q Loan Production Stats; Florida Extends L.O Licensing Deadline; Unrealized Losses
Wed, Dec 29 2010, 10:50 AM
Reverse Mortgage Primer; Feedback on Originator Licensing Backlog in California; More Risk-Based Pricing Disclosure Updates
Tue, Dec 28 2010, 10:52 AM
Ally and Fannie Mae Agree on Loan Repurchase Resolution; HUD Violations Listed; California Behind on Originator Licensing Applications
Mon, Dec 27 2010, 10:36 AM
Fannie Updates CLTV LLPAs; NMLS Originator ID Reminder; Fair Credit Risk-Based Pricing Regulations; Amtrust Name Change
Thu, Dec 23 2010, 9:40 AM
Private Mortgage Insurance Tax Deductions Extended; ARM Disclosures Updated; Calyx Bundles LOS Services; Wells Comments on Compensation
Wed, Dec 22 2010, 10:50 AM
The "Urgent Need" for National Servicing Standards; CRA Definitions Updated; Freddie Mac Delinquency Data; Basel III Not Too Bad?
Tue, Dec 21 2010, 10:06 AM
FHA Extends Direct Endorsement Deadline for Principal-Authorized Agents; Correspondent FHA Originators Get Deadline Waiver
Mon, Dec 20 2010, 9:23 AM
Lender Loosens Underwriting Regs; Early Check Eligibilty Tool; Loan Production Conduit Breakdown
Fri, Dec 17 2010, 10:52 AM
GSEs Update Loan Delivery and Appraisal Data Requirements; MERS Phase Out; Amtrust Name Change; MBA on Compensation
Thu, Dec 16 2010, 10:02 AM
S&P "Incorrectly Analyzed" Almost 2,000 RMBS Issues; More Originator Comp Convo; The Value of 2nd Liens; Co-op Share Loans
Wed, Dec 15 2010, 11:25 AM
Middle Class America Not Ready for Retirement; CALPERS Loan Program Done; More Opinions on Loan Officer Pay; Gain on Sale Up in 3Q
Tue, Dec 14 2010, 11:57 AM
Wells Shuts Down NorCal Operations Site; CitiMortgage Reaching Out to Consumers; DU 8.2 Implemented; Feedback from the Trenches
Mon, Dec 13 2010, 11:45 AM
GSE Layoffs Loom as Fannie and Freddie Prepare for Reform; Ginnie & MISMO; FHA Short Refi Program Conference Call; Lots of Lender Updates
Fri, Dec 10 2010, 11:22 AM
GSE Reform is Top Political Priority; Feedback on Discriminatory Lender Overlays; DU 8.2 Rollout this Weekend; Investor Bulletins
Thu, Dec 9 2010, 11:06 AM
FHA Condo Project Approvals Extended; Discriminatory Lender Overlays; State Level Stimulus Needed; Qualified Loan Tests
Wed, Dec 8 2010, 9:32 AM
Borrower Paid vs. Lender Paid Originator Compensation; Servicing Deals; Early Payoffs; LO Licensing Requirement Deadline
Tue, Dec 7 2010, 11:52 AM
Mortgage Firms Looking to Hire; Updates on TPO Identification Requirements; USDA Refinance Funds Exhausted Again
Mon, Dec 6 2010, 10:06 AM
More Comments on Originator Compensation; BoA Ready to Repay Bailout Funding; New Jumbo Product; Investor Announcements
Fri, Dec 3 2010, 10:57 AM
Final regs for appraisals; FHA loan limits; servicing transactions in the news; input on Freddie pricing & all-cash deals; rate locks from yesterday a...
Thu, Dec 2 2010, 10:31 AM
New Technology Helps Prevent Failed MBS Trades; Originator Commission vs.Set Salary; FICO LLPAs; NMLS Identifier
Wed, Dec 1 2010, 10:55 AM
Surety Bond Requirements for Bankers; Buying Real Estate with Cold Hard Cash; Feedback on Broker Business; MI Companies Report Slowdown
Tue, Nov 30 2010, 10:23 AM
Mortgage jobs! HUD to impact warehouse lending; banks resisting buybacks; Wells weighs in on risk retention; are underwriting overlays discriminatory?
Mon, Nov 29 2010, 12:19 PM
The Next Buyback Problem to Face the Industry; Mortgage Assistance Relief Services Rule; Home Loan Interest Tax Deductibility Feedback;
Fri, Nov 26 2010, 11:33 AM
How the Value of the Dollar Impacts Mortgage Rates; Input on Loan Pricing Transparency; New LLPAs Passed Down; 4506-T Verification Info
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