National Real Estate Investor, Feb. 13, 2017–Debra JacksonThe commercial mortgage-backed securities resolution strategy that a lender will most likely accept is the one that, in its sole opinion, maximizes recovery to the bondholders.
Category: Top National News
Tips For Making Clean MSR Transfers
Servicing Management, Feb. 13, 2017–Pam ForresterAs high-yielding assets, mortgage servicing rights make for attractive investments, but also pose a challenge that can be best viewed as a game of risk and reward.
Mortgage Interest Tax Deductions May Get Extra Scrutiny This Year
Kiplinger, Feb. 8, 2017–Benway, CharlesA newly designed Form 1098 gives the IRS more information, so be prepared to defend the deduction.
Explicit Federal Guarantee Is Key to Ending GSE Conservatorship
National Mortgage News, Jan. 31, 2017–Rodrigo Lopez, CMBMBA Chairman advocates new model for reforming the secondary mortgage market.
Fannie Mae-Freddie Mac Should Be Utilities, Trade Group Says
Bloomberg, Jan. 31, 2017–Joe LightThe Mortgage Bankers Association, a powerful housing trade group, is wasting no time in pushing the Trump administration and Republican-led Congress to address one of the last unresolved issues from the financial crisis, outlining a proposal Tuesday to overhaul mortgage-finance giants Fannie Mae and Freddie Mac.
Step One: MBA Reveals Plans to Reform Fannie Mae and Freddie Mac
HousingWire, Jan. 31, 2017–Brena SwansonThe largest trade group in the mortgage finance space, the Mortgage Bankers Association, released its initial plans for its recommended approach for secondary mortgage market reform, unveiling the first product from its recently formed “task force,” which is made up of some of the top lenders and insurers in the industry.
Can MBA Jump-Start Housing Finance Reform?
American Banker, Jan. 31, 2017–Ian McKendryThe trade group released a paper Tuesday outlining a new plan designed to resolve the fate of Fannie Mae and Freddie Mac, which would call for creating several smaller public utilities that would buy federal insurance from the government for securities they issue.
S&P: Private Mortgage Insurance All Set for Another Banner Year
HousingWire, Jan. 31, 2017–Jacob GaffneyS&P Global Ratings just published its 2017 outlook for U.S. private mortgage insurers. It’s pretty good news, too.
Fannie Eases Appraisal Requirements
Mortgage Daily, Jan. 31, 2017Policy updates and clarifications made by Fannie Mae will make appraisal reports easier to complete.
FHA Delinquency Rises
Mortgage Daily, Jan. 31, 2017Monthly residential Federal Housing Administration business was little changed, as was its book of business. But deterioration was reported in the rate of single-family delinquency.
