Impac Mortgage Originations Soar, Servicing Grows

Mortgage Daily, Nov. 2, 2016
Home-lending activity took a giant leap at Impac Mortgage Holdings Inc. In addition, the organization reported sizable growth in its mortgage servicing portfolio.

Freddie Mac Swings to $2.3 Billion Profit

MarketWatch, Nov. 1, 2016–Riquier, Andrea 
After this quarter, the enterprise will have returned $101.4 billion to taxpayers.

Will Lenders Embrace Fannie’s Rep and Warrant Relief?

National Mortgage News, Nov. 3, 2016–Sinnock, Bonnie
Fannie Mae’s new representation and warranty relief offers lenders a long-awaited incentive to use its automated loan validation technology. But is it enough for lenders to make the necessary technology updates and process changes to implement the tools?

Fla. Supreme Court Rules for Lenders in Landmark Foreclosure Decision

Daily Business Review, Nov. 3, 2016–Ampel, Celia
The Florida Supreme Court on Thursday ruled in favor of mortgage lenders in a decision that homeowners’ advocates say will create renewed uncertainty for some borrowers about whether they can stay in their homes.

Why Mortgage Principal Forgiveness Policy Is a Bad Idea

Heritage.org, Nov. 3, 2016–Ligon, John
Author says a Federal Housing Finance Agency decision to implement a mortgage forgiveness program for severely delinquent loans guaranteed by Fannie Mae and Freddie Mac is unlikely to work.