The Lede
Top National News
Patchwork of State Laws Hurts U.S. Effort to Modernize Mortgages
Reuters, Sept. 9, 2016--Barlyn, Susan
Financial industry pushing "remote notarization" as means of modernizing closing process, but state laws stand in way.
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Love, Marriage, Baby Carriage–THEN Mortgage
UExpress, Sept. 9, 2016--Sichelman, Lew
Couples who buy a house together before getting married could be a big mistake.
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Surprising Gender Gaps in Home Buying, Mortgages
Washington Post, Sept. 9, 2016--Harney, Kenneth R.
New reports illustrate challenges women face in home purchase marketplace despite stellar payment records.
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Why Renters Could Have a Bigger Voice in the 2016 Election
Wall Street Journal, Sept. 9, 2016--Kusisto, Laura
Only 22% of votes cast in the 2012 election were by renters, but that's set to tick upward.
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Foreclosure Increase Leads to Rise in Vacant Bank REO
National Mortgage News, Sept. 9, 2016--Passy, Jacob
Vacant bank-owned properties higher than year ago, says ATTOM Data Solutions.
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MGIC Delinquencies Down by More than 20%
HousingWire, Sept. 9, 2016--Ramirez, Kelsey
Insurer reports increase in business, decrease in delinquencies.
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U.S. Wholesale Inventories Flat, Boost to Third-Quarter Growth Seen Modest
Reuters, Sept. 9, 2016--Mutikani, Lucia
Inventories unchanged from July; sales at six-month low.
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For Sale: Over $1 Billion in GSE Mortgages
Mortgage Daily, Sept. 9, 2016
More than $1 billion in government-sponsored enterprise mortgages that are not performing are being offered for sale to the highest bidder.
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Mortgage Origination Demand Hit Pre-Crisis High in 2Q
National Mortgage News, Sept. 9, 2016--Collins, Brian
Highest point since 2007 as low rates, consumer confidence boost housing market.
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New Rules to Ensure Mortgage Lenders, Servicers Treat Borrowers Fairly
Philadelphia Inquirer, Sept. 11, 2016--Heavens, Alan J.
Consumer Financial Protection Bureau said new rule will aid servicers and borrowers.
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Ellie Mae: Millennials Moving Toward Conventional Loans
HousingWire, Sept. 9, 2016--Ramirez, Kelsey
FHA loans still dominate, but FICO scores increasing.
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Bush Administration Official Recalls Sept. 11
Mortgage Daily, Sept. 11, 2016--Garcia, Sam
Former FHA chief Brian Montgomery was with President George W. Bush as events unfolded.
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Could Mortgage Rates Finally be Rising? Here’s What You Need to Know
Inman.com, Sept. 12, 2016--Barnes, Lou
International turmoil is going to affect us sooner or later.
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Residential Finance News
Commercial/Multifamily News
MBA News
MBA Education Intermediate & Advanced Underwriting Scenarios Webinar Sept. 14
Understand Guidelines, Benefits of Due Diligence
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