The Lede

Fannie Mae and Freddie Mac announced updates to their representation and warranty framework that governs the rights and responsibilities lenders face when selling loans to the GSEs.

Fannie Mae and Freddie Mac released guidance to sellers, outlining good-faith compliance standards during initial implantation of the Consumer Financial Protection Bureau's new TILA/RESPA Integrated Disclosure rules.

RealtyTrac, Irvine, Calif., reported just over 20,000 "zombie" homes in the foreclosure process in the third quarter, down by 27 percent from the second quarter and down by 43 percent from a year ago.

The commercial mortgage-backed securities delinquency rate dropped significantly in September after four months of negligible movement, reported Trepp, New York.

The Mortgage Bankers Association has issued a Call for Speakers for its upcoming Whole Loan Trading Workshop in Dallas; submission deadline is Oct. 15.

National Mortgage Professional, Oct. 12, 2015--Hall, Phil Last week, the Consumer Financial Protection Bureau announced that it was considering the introduction of a new regulation banning the so-called "free pass" arbitration clauses that prevent consumers from filing lawsuits in groups to obtain relief against financial services companies. But does the CFPB have the legal authority to overturn Supreme Court rulings related to arbitration? The answer, according to industry experts, depends on how you view the CFPB's actions.

HousingWire, Oct. 12, 2015--Garrison, Trey This marks the start of the second full week of the TILA-RESPA Integrated Disclosure rule, and it's impacting real estate and mortgage finance at almost every point along the pipeline.

Wall Street Journal, Oct. 12, 2015--Cherney, Mike Falling profits and increased borrowing at U.S. companies are rattling debt markets, a sign the six-year-long economic recovery could be under threat.

HousingWire, Oct. 9, 2015--Swanson, Brena The Federal Housing Administration's share of purchase mortgage insurance steadily declined since 2010 until 2015, the latest chart in the Mortgage Bankers Association's chart series showed.

Urban Institute, Oct. 9, 2015--Goodman, Laurie While the securitization of loans with government backing has remained strong or strengthened, the collapse of private-label securitization may have wide-reaching implications for the mortgage market. The disappearance of this market has affected the availability and cost of mortgages for one group of borrowers--those with less wealth and less than perfect credit who do not quality for government-backed loans.

HousingWire, Oct. 8, 2015--Swanson, Brena Primary new mortgage insurance continued to drop and fell to $3.9 billion, according to MGIC Investment's (MTG) September operational summery of its insurance subsidiaries for its primary mortgage insurance.

American Banker, Oct. 8, 2015--Collins, Brian The House voted 303-121 on Wednesday to pass a bill that would delay enforcement of new mortgage disclosures that went into effect on Oct. 3.

National Mortgage Professional, Oct. 8, 2015--Hall, Phil The Consumer Financial Protection Bureau has found itself in the middle of three different political storms that continue to further divide the already rancorous fissures on Capitol Hill.

Mortgage Servicing News, Oct. 8, 2015--Wack, Kevin U.S. homeowners continue to take advantage of rising house prices to dig themselves out of the hole created by the Great Recession.

Mortgage Compliance Magazine, October, Page 31--Stevens, David MBA President and CEO David Stevens addressed an audience of 900+ of the nation's Regulatory Compliance Professionals and other industry professionals at the MBA Regulatory Compliance Conference that was held at Grand Hyatt Hotel in Washington, D.C.

HousingWire, Oct. 6, 2015--Garrison, Trey Seven years after Fannie Mae and Freddie Mac were placed into conservatorship, there is still a lack of consensus on how to reform the GSEs.

Reuters, Oct. 7, 2015--Freed, Dan JPMorgan Chase & Co, looking to stem falling revenue in its mortgage business as fewer Americans refinance, is increasingly buying loans from smaller lenders, a practice that competitors including Bank of America view as risky.

New York Times, Oct. 6, 2015--Goldstein, Matthew; Abrams, Rachel The rapid growth of Caliber Home Loans, a mortgage company owned by the private equity giant Lone Star Funds, has led to a surge in consumer complaints. Now it has led to regulatory scrutiny of Caliber's business practices.

Cincinnati Enquirer Oct. 6, 2015--Coolidge, Alexander Fifth Third admitted on Tuesday it improperly certified more than 1,400 mortgage loans it knew were defective as eligible for Federal Housing Administration insurance, costing taxpayers millions. Now, the Cincinnati-based regional bank will pay $85 million to settle a civil fraud claims, federal authorities said Tuesday.

HousingWire, Oct. 6, 2015--Lane, Ben Both Fannie Mae and Freddie Mac are offering relief to the thousands of homeowners affected by the devastating floods in South Carolina.