Category: Top National News

MarketWatch, Oct. 10, 2016–Riquier, Andrea
“This is not sound lending practice,” said Pete Mills, who heads residential policy for the Mortgage Bankers Association, on the FHA Property Assessed Clean Energy program, or PACE.

HousingWire, Oct. 10, 2016–Ramirez, Kelsey
Allows more race-based questions beginning 2017.

HousingWire, Oct. 10, 2016–Ramirez, Kelsey
Southeast sees highest rates in the nation.

Mortgage Daily, Oct. 10, 2016–Marks, Alfred; Parlapiano, Christina; Neuner, Jennifer
The authors, with Day Pitney LLP, say new law in New York imposes new duties on mortgage servicers or their agents regarding abandoned foreclosed properties. 

World Property Journal, Sept. 27, 2016–Gerrity, Michael
Mortgage Bankers Association reports commercial and multifamily mortgage debt outstanding increased by $39.9 billion in the second quarter of 2016, as three of the four major investor groups increased their holdings.

Bloomberg, Sept. 27, 2016–McLaughlin, David
Justice Department says several lenders have failed to cooperate amid investigations.

Fox Business, Sept. 28, 2016–Stephens, David
Freddie Mac, McLean, Va., announced a new program to reduce the risk it takes on various mortgages.

Mortgage Daily, Sept. 28, 2016
August secondary activity totaled $45.9 billion.

Housing Wire, Sept. 28, 2016–Lane, Ben
New regulation will hold lenders and mortgage servicers “accountable.”

Bloomberg, Sept. 28, 2016–McLaughlin, David; Schoenberg, Tom
Deutsche Bank AG isn’t the only lender wrestling with the U.S. to resolve an investigation into toxic mortgage bonds: Credit Suisse Group AG and Barclays Plc are also each in settlement talks with the Justice Department.