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 FHA Underwater Refi Option; MBS Issuance; TBW & Freddie Mac Relief Open Access; Wells Buying USDA Product; PHH and JP Morgan Loan Purchase Agreement
NEW BofA's $20 Billion Buyback Issue; MDIA Impact at Month-End; Preparing for an Audit; Jumbo Loans on the Radar;
NEW Bad Mortgage Loans Almost Behind Us?; Lending Tree vs. Zillow; More on Self-Employed Borrowers; RESPA Tolerance Defects; FHA MIP Updates
NEW Extending Credit to Self-Employed Borrowers; FDIC Sells Delinquent Loans; Brokers Ordering FHA Case Numbers; 2nd Credit Pulls
NEW Flagstar Cutting Warehouse Lines; Section 502 Loans Move Ahead; Increase in Corporate Debt Issuance; Prepayment Speeds Faster
NEW Potential Spot to Shelf Jumbo Loan Paper; FHA Q&A on Condo Recerts; Buyback Breakdown; Lots of Lender Updates
NEW Zero-Down Payment Programs; New FHA Mortgagee Letter; Does the Value of Servicing Warrant Retaining It?
NEW Banks Prefer Cash Buyers in REO Sales; Freddie Mac Streamline Refi Program; Originator Capacity Constraints; Comments on Property Flipping
NEW Litany of Investor Bulletins: Mortgage Insurance, Appraisal Photos, Originator IDs, Incomplete GFEs, 203(b)'s, Reserve Requirements, No More ARMs
NEW Another Review of Originator Compensation Regs; Loan Programs That Don't Require an Appraisal; JP Morgan Cuts Deal to Reduce Buyback Exposure
NEW New FHA MIP Structure to Slow Streamlines; Appraisal Adjustments; GSE MBS Issuance in July; FDIC Transparency; Update on Non-Agency Paper
NEW Originator Compensation Guidance Offered by Lender; Common Reasons for Buyback Requests; Servicer Rankings; Warehouse Line News; Investor Updates
NEW Talk from the Trenches: Loan Pricing Margins Getting Crushed as Rally Persists; "Bad Loan Biz" Doing Well; FHA Steamline Product; Buybacks and Credit Overlays
NEW HAMP's Political Intentions;More Rural Housing Confusion; Investors Shy Away From Property Flipping; Credit Overlays
NEW HAMP Fallout Quadruples; FHA Condo Recertification Requirements; Rapid Refinance as Means to Distribute Money Around the Economy;
NEW Homeownership: Deed of Trust vs. Mortgage; Applying the Definition of Loan Originator; New FHA Jumbo FICO Floors; HOA Certs; Revised DTI Regs
NEW FHA Insures High Cost Multi-Family Housing Development; Taylor Bean Buyouts Impact Prepay Speeds; Non-Agency Delinquency Rates; REO Inventory;
NEW Homeowner Confidence Declines; Census Bureau Shares Housing Data; NY Fed Discusses the TBA MBS Market
NEW Fannie Mae 125% CLTV Product; Feedback on "All Cash" Real Estate Purchases; Updates from Flagstar, Wells, GMAC, Chase, FAMC
NEW Yield Spread Chatter; HARP Comments; SAFE Act Training; More GFE Errors
NEW Reg Z Rules and Proposals Galore; Closing Costs Higher; Freddie Gives Clients "Greater Flexibility"; Fannie Discusses Hardships
NEW More Loan Buyback Comments; MI Rescission Help; Bank MBS Holding Stats; Mortgage Fraud
NEW Mixed Feedback on Buybacks; More Home Buyers Paying with Cash; Fannie Mae Seller Guide Update; Commercial MBS Deal
NEW Buybacks Plague Industry from Top to Bottom: FHA Webinar Today; Update on Non-Agency Secondary Market; NMLS Deadlines Loom
NEW HUD Pushes Implementation of New FHA Mortgage Insurance Premium to October
NEW USDA Rural Housing Update; The Cost of New Regulations; More on the Pipeline Hedging Environment; Mortgage Jobs & New Warehouse Lender
NEW Fannie Mae Approves Genworth; Reams of FHA Updates; New Correspondent Investor; Bulletins from Wells, USB, SWS, Texas & SAFE Act
NEW Pipeline Hedging and Profit Margins; Still Dealing with the Same Rapid Refi Rumors; Fannie's Q2 Loss; FHA Insurance Funds Dwindle; Renegotiation Policies
NEW Investor Update After Investor Update: Overlays and Bulletins Galore
NEW Countrywide Settles Suit But Admits No Wrongdoing; How Secondary Prices Loans; Earnings from PHH, Radian, Ally;
NEW FHA Changes on the Horizon; Cross Selling Mortgages to Banking Clients; Failed MBS Trades; "Credit Repair" Fraud Case Settled;
NEW HVCC's Sun is Setting, Sort Of; Mega-Refinancing Rumors Dying Down; Loan Fraud Penalties
NEW Rapid Refinance Program: Don't Bet On It
NEW Final Ruling Issued on SAFE Act; Underwriting Guideline Overlays, Adverse Market Fees and Steep LLPAs; CMBS Sales; California State of Emergency;
NEW Home Builder Rankings; Updates from HUD and Fannie Mae; Home Ownership Stats; FHA Sanctions;
NEW Buyback Risk Locks Some Borrowers Out of Refi Market; Jawboning on Fannie and Freddie; Anecdotes from the Trenches;
NEW Lots of Investor Updates; Fannie HARP vs. Freddie HARP; Originator Rankings: Wells, BoA, Chase, GMAC, Citi...
NEW Investor Group Challenges Loan Servicers; Loss Mitigation Recommendations; What is "WillCap" and Who is "Talcott Franklin"?; EU Bank Stress Tests
NEW Underwriters & Processors Included in SAFE?; Mortgage Volume vs. Profits; Reader Quotes on L.O Compensation; Movement Seen in Commercial Sector
NEW Solid Earnings from Wells and MGIC; High Quality Loan Production; Labor Unions Threaten Big Banks; VA Underwriting Update
NEW Small Banks Behind on TARP Repayment; More Opinions on Mortgage Reform; Home Builders Outsold by REO Inventory Holders; MGIC & RMIC Updates
NEW Fannie & Freddie Better Together?; Plenty of Investor Updates; Broker Compensation Bill Opinion;
NEW Yield Spread Already Removed from GFE; Goldman's Record Setting Fine; NMLS Update; MI Deductibilty; Bank Earnings
NEW FHFA Opposes PACE Program, California Files Lawsuit; Financial Reform Vote; New Housing Counselor Handbook; FDIC Selling Distressed Loans
NEW Mortgage Investor Gossip; FICO Scores and Loan Production; "Hardest Hit" State Housing Programs; FHA Mini-Eagles;
NEW HARP Subordination Scenario; Jumbo Loan Foreclosure Numbers; Rates Low But Fewer Qualified Borrowers; International Homebuyers
NEW Congress Goes Back to Work; Fannie Mae Appraisal Changes; Reverse Mortgage Volumes; G-Fees
NEW The Fed, The Economy, And Mortgages; Loan Production Picks Up; Wholesale Lender Updates
NEW Wells Fargo Cutting Jobs; Consumer Credit; SAFE Act Resource; M.I. Update; Manufactured Housing Lenders
NEW The Future of Rate Sheets; Industry News That Isn't Pessimistic; High Opportunity Cost Investing