The Lede
Top National News
First American Acquires RedVision in Major Deal
HousingWire, Sept. 6, 2016--Ramirez, Kelsey
RedVision is natinoal provider of title, real property research.
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Mortgage Mad Men
Mortgage Daily, Sept. 6, 2016--Garcia, Sam
Advertising and marketing for the home-lending industry has gone digital and promises to help mortgage sales people adhere to new regulations.
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Over $1 Billion in Non-Performing GSE Loans Sold
Mortgage Daily, Sept. 6, 2016
Winning bidders announced on four Fannie pools.
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Jackson Hole Symposium Sparks Fresh Debate About U.S. Monetary Policy
GoRion, Sept. 6, 2016--Bourgi, Sam
Just when it appeared that the Fed would remain on the sidelines, Fed officials swung the door wide open on a 2016 rate increase.
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Home Prices and Homeownership Rates Are Out of Whack
National Mortgage News, Sept. 6, 2016--Passy, Jacob
Home prices are near 2006 highs, but homeownership rates still lag.
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U.S. Judge Cuts Back $2 Billion Mortgage Bond Case Against UBS
Reuters, Sept. 6, 2016--Raymond, Nate; Stempel, Jonathan
Judge signaled that UBS AG could escape liability for portion of losses stemming from mortgage-backed securities sales in 2006, 2007.
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Black Knight: Mortgage Originations Surge to Highest Level in Three Years
HousingWire, Sept. 6, 2016--Swanson, Brena
Purchase demand booms as refinance demand disappoints.
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What to Watch Out for with Your Mortgage Servicing Company
The Street, Sept. 6, 2016--Henricks, Mark
Problems with payments head the list of consumer complaints about the companies that service home mortgages.
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IDS Acquires Electronic Mortgage Services Firm Encomia
National Mortgage News, Sept. 6, 2016--Passy, Jacob
Acquisition of electronic mortgage services vendor; terms not disclosed.
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William Randolph Hearst Mansion in Beverly Hills Seeks $195 Million
Wall Street Journal, Sept. 6, 2016--Chen, Stefanos
Was last listed in 2007 for $165 million.
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Nonbank Lenders’ Market Share is at a Two-Decade High. Here’s Why
National Mortgage News, Sept. 6, 2016--Sinnock, Bonnie
Depositories still dominate home lending, but nondepositories' market share is the highest it has been in at least two decades.
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Why Small Banks Need Big Data
American Banker, Sept. 6, 2016--Yurcan, Bryan
Attention community bankers: it is time to dip your toes in the sea of data if you're not doing so already.
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Should Mortgage Servicing Be Reformed?
DS News, Sept. 6, 2016--Baer, Kendall
Housing Finance Policy Center Co-Director Laurie Goodman says, "this regime pays servicers too much for servicing performing mortgages and too little for servicing nonperforming ones."
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U.S. Services Sector Activity Hits a Six and a Half-Year Low
Reuters, Sept. 6, 2016--Mutikani, Lucia; Burns, Dan
Sharp drops in production and orders.
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Residential Finance News
Commercial/Multifamily News
MBA News
The New URLA: Design and Implementation Overview Webinar Today
Learn More About New GSE Uniform Residential Loan Application
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