FHA Pauses Effective Date for Catalyst EAD Module
FHA on Thursday announced a pause in the mandatory effective date for its Electronic Appraisal Delivery Module, saying it is “reassessing aspects of [its] development and implementation.”
Freddie Mac Apartment Investment Index Falls
Freddie Mac, McLean, Va., said multifamily market investment conditions continued their deterioration in the second quarter as price appreciation and rising mortgage rates more than offset net operating income growth.
Initial Claims Fall 5th Straight Week to 4-Month Low
Initial claims for unemployment insurance fell for the fifth straight week, the Labor Department reported Thursday, falling to their lowest level since May.
#MBARMQA22: When Good Fraud Investigations Go Bad
NASHVILLE, TENN.—Kip Mendrygal, Partner with Locke Lord LLP, Dallas, says he’s seen a lot of weird stuff in his 20-plus years of investigating mortgage fraud.
#MBARMQA22: Risk Management Executive Perspectives
Mortgage executives here at the MBA Risk Management, QA and Fraud Prevention Forum offered insights on leading their organizations through today’s lending environment, maintaining quality operations, managing credit risk and governing organizations in unpredictable times.