All Headlines Rob Chrisman
Rob Chrisman's Daily Commentary
For the past 10 years Mortgage News Daily has provided our readers with Rob Chrisman's daily commentary.
NEW Lender "Skin in the Game"; More on Freddie's Fee Increase; New Mortgagee Letters; Sponsored FHA Originators; Investor Bulletins
NEW Freddie Mac Hikes Fees on Higher Risk Loans; DU 8.2 Update Coming Soon; Fraud in the Mortgage Business; Free Refi Offer from Chase?
NEW Basel III Bank Capital Shortage; Recent ARM Stats; HAMP Running Out of Applicants; High Cost Loan Limits; Investor Updates
NEW JPM Offloads Chunk of Servicing; HUD's Good Neighbor Next Door; Ambac Buyback Claims; Freddie Appraisal Quality; DU Version 8.2
NEW Even More Info on Originator Compensation; Securitization Flow Chart; Tax Deductible PMI; Bank Stress Tests Back
NEW Walkthrough of Loan Paper Transfer Process; Fed Explains Credit Scores; Fannie CFO Calls It Quits; Ginnie Mae Guarantee Stats
NEW Originator Compensation Feedback; Two New Mortgagee Letters; Flagstar Selling NPLs; Several Investor Updates; More on Buying a Bank
NEW Wholesaler Perspective on Originator Compensation; Empty Housing Units; TBW Impact on Delinquency Rates; Buying a Bank
NEW Loan Buyback Case Against BoA Hits Snag; New GSE Regulator; Chase Stuck with WAMU Lawsuit; Home Prices; Investor Update
NEW Industry Feedback: Production Statistics Are Double Counted!; USDA Funding Now Available; NAMB Petition; U.S.A. Rating Downgrade?
NEW Mid-Term Elections, Financial Reform and the Mortgage Business
NEW Double Counting Loan Production Stats? Servicing Values in Question; Terminated DE Approvals; Ginnie Net Worth Info; Principal Curtailment Compliance;
NEW Attorneys Add 2nd Liens to Cover Foreclosure Litigation Costs; Strategic Default and Common Sense Underwriting; USDA Funding Back?
NEW Non-Agency Mortgage Originations; GSEs Pay Dividend to Government; Property Flipping; Investor Updates
NEW 2nd Quarter Loan Production Stats; CoreLogic Earnings; Blackrock Jumbo Product; Prepays Print as Expected; Corporate Debt Explosion
NEW Freddie Mac Reports $2.5 Billion Q3 Loss; GMAC Increases Govie FICO LLPAs; Treasury Debt Issuance Ahead; Loan Shops Hiring
NEW FinReg Reform and Basel III Compliance; Freddie Mac Cuts Ties to Florida Law Firm; Radian Posts Profit; QEII Time
NEW Minimal Regional Disparity in Mortgage Rates; Loan Buybacks Roll Downhill; CFPB Watchdog; LP Open Access Not So Open
NEW MERS & Commercial Loans; 82 FDIC "Actions"; GSEs Working with HFAs; Lender Updates
NEW Revisiting Originator Compensation Options; Mixed Bag of Bank Earnings, Updates from Mortgage Insurers; Lender Bulletins
NEW Spike in FHA to FHA Refinances; Deutsche Bank on Home Prices; Compensation Conference Call; Wells Finds Flaws in Foreclosures
NEW Ginnie Mae Net Worth & Liquidity Standards; QEII Chatter; Home Owner Loan Corp; FHA Condo Recertifications;
NEW What is Quantitative Easing? Investor Raises FHA Minimum FICO to 640; New Mortgagee Letter
NEW Bank of America Finds Mistakes in Foreclosure Files; MBS Issuance 95% Agency Paper; What is an Allonge?; Document Curing Timeline
NEW Wells Adjusts Gov't Loan Compensation Caps; Waiting on New Capital Standards; Loan Pricing War in 2011; Comments from the Trenches
NEW BoA Files Suit Against FDIC on TBW Funding Scam; Sheriff Refuses to Enforce Foreclosures; Lenders Required to Sign Procedural Warranties
NEW Freddie Mac's Rate Survey; FRBNY Suing BofA; Loan Buybacks; NMLS & Credit Reports; FHA Training; Wells Fargo Earnings
NEW BofA and GMAC Resume Foreclosures; Feedback on HVCC's "Replacement"; Faulty Note Transfers; DU Early Check Reports; HECM Saver
NEW GSEs Release HVCC Updates; Broker Compensation & YSP Clarification; 15 Year Prison Sentence for Mortgage Fraud
NEW Early Pay-Off Penalties Hit Originator Wallets; Foreclosure Uncertainty a Real Issue; Wells Wholesale Accepting BoA Appraisals; Reasons for Buybacks
NEW Top 10 Loan Servicers; Confusion on JP Morgan's MERS Relationship; Money Flowing into Mortgage Banking Deals
NEW White House Against Nationwide Foreclosure Moratorium; Corporate Cash Surplus; JP Morgan Chase Earnings; 3.0s Trade
NEW Loan Buybacks Still an Issue; Input on Lender Turn Times; Goldman Sachs Freezes Foreclosures; eNotes; Investor Updates
NEW Industry Feedback on Foreclosure Debacle; Rate Sheet Rebate vs. Processing Turn Times; Best Practices Lender Guide; Acceptable Income Types
NEW Options ARM's - The Gift that Keeps on Giving; Top Lenders by Volume; Investor Angle on Foreclosure Issues
NEW WSJ Asks If Homebuyers Even Need Mortgage Brokers; Wells Wholesale Channel Staying Put; More on Foreclosures; Lock Extension Regs
NEW Feedback: Loan Closing Delayed on Foreclosed Property Purchase; More on Retained Servicing vs. Released; TPO FHA Production
NEW New FHA MIP in Effect; Foreclosure Mess Impacts Title Companies; Wells Stops Short Sale Extensions; Servicers Review Processes
NEW FHA MIP Updates Go Live on Monday; Flood Insurance Officially Extended; Lots of Lender Bulletins
NEW Chase Suspends Foreclosures; Loan Originators Victim of NMLS Scam; Low FICO Score Homebuyers; Commissions Swapped for Salaries
NEW Response to Rapid Refi Rumors; Wells Exec Speaks Out on Future of Mortgage Industry; Lock Desks Look for Loans; PMI Max LTV Increased
NEW Housing Supply vs. Housing Demand vs. Population Growth; Retained Credit Risk and Non-Agency Loan Securitization; Uniform Dataset Delivery
NEW Rural Housing Refi Funds Exhausted; HAMP Loan Mods vs. Non-Hamp Mods; Minimum FICO Score Update; Credit Unions Seized by Regulators; HECM Guidance
NEW National Flood Insurance Program Extended, Pending Presidential Signature; Foreclosure Process Articles; Too Much Home Price Data;
NEW Flood Insurance Program Deadline; Uniform Appraisal Data; New Reverse Mortgage Product; Foreclosures in Judicial States; GSE REO
NEW Servicing Values, AOTs vs. Direct Trades, Profit Margins and Rate Sheet Pricing
NEW GMAC Temporarily Suspends Foreclosures in 23 States; Discover Entering Mortgage Biz?; HMDA Data; New DU Version 8.2; Prop 4 in Florida
NEW Broker Originations Dry Up; 120-Day Credit Inquiry Guideline; HVCC News; Bank Closings; PMI Removes 25 Distressed MSA's
NEW More USDA Rural Housing Confusion; Fannie and Freddie Cost Estimates; FHA High Loan Balance Max DTI; Homeowner Outlook
NEW Originator Compensation Conference Call; Reducing Fraud with Freddie; AOTs vs. Direct Trades; Fannie Mae Econ Outlook; New Relock Policies