Category: Top National News

National Mortgage News, May 22, 2017–Kate Berry (subscription)A federal appeals court is set to hear oral arguments Wednesday in a highly anticipated case that is the first significant challenge to the constitutionality of the Consumer Financial Protection Bureau.

HousingWire, May 22, 2017–Ben LaneOn Monday, Fidelity National Financial, the title insurance giant and parent company of ServiceLink, announced that it acquired Hudson & Marshall, a full-service auction company that has been in business since 1965.

UExpress, May 19, 2017–Lew SichelmanBuyers who chose a lender because of financial incentives provided by their builders were only marginally satisfied with their experiences. That’s according to the National Borrower Satisfaction Index produced by the Stratmor Group, a Colorado-based consulting firm.

American Banker, May 19, 2017–Mayra Rodriguez Valladares (subscription)This is a good time for bank risk managers and bank regulatory examiners to evaluate the effects of a deepening retail crisis on the financial services sector.

National Mortgage Professional, May 19, 2017–Phil HallIn a poll of 150 industry professionals conducted during the recent Mortgage Bankers Association Secondary Conference, 39 percent of respondents a general lack of knowledge about the homebuying process was among the greatest impediments to first-time homebuyer demand.

HousingWire, May 19, 2017–Kelsey RamirezPurchase originations continued to gain ground in April as refinances fell, according to the latest Origination Insight Report from Ellie Mae.

Chief Investment Officer, May 19, 2017–Poonkulali ThangaveluPrivate commercial mortgage loans held in investor portfolios turned in a total return of 2.01% for the first quarter, regaining form after the previous quarter’s negative 2.48% return, according to the Giliberto-Levy commercial mortgage performance index.

Wall Street Journal, May 19, 2017–Harriet Torry (subscription)Most Americans are doing better financially than a few years ago, although the degree of improvement rises with a person’s education level, according to a new Federal Reserve survey.

National Mortgage News, May 19, 2017–Brad Finkelstein (subscription)The median time it took a home listed for sale to go into contract was 40 days in April, the fastest since Redfin started tracking this data in 2010.

HousingWire, May 19, 2017–Ben LaneThe new report, released this week by the Board of Governors of the Federal Reserve System Office of the Inspector General for the Consumer Financial Protection Bureau (first reported by Law360), showed the Consumer Financial Protection Bureau’s Office of Enforcement did not put proper protocols in place to secure confidential investigative information and confidential supervisory information.