Category: Top National News

GoRion, Sept. 22, 2016–Wisnowski, Charles
At MBA Regulatory Compliance Conference, “uncertainty” about regulatory environment is most common word.

24/7 Wall St., Sept. 22, 2016–Ausick, Paul
CoreLogic said mortgage lenders in Miami face highest fraud risks.

Mortgage Daily, Sept. 22, 2016
Black Knight Financial Services reports 2.678 million loans delinquent or in foreclosure, down from August.

National Mortgage News, Sept. 22, 2016–Peters, Andy
Banks are dumping their mortgage servicing rights because low rates and new rules make it hard to earn a profit. These banks take the opposite view.

HousingWire, Sept. 22, 2016–Wheeler, Sarah
Approach of New York City versus San Francisco is enlightening.

Bloomberg, Sept. 23, 2016–Light, Joe
The Mortgage Bankers Association, the largest home lender trade group, on Friday proposed a substitute for the Home Affordable Modification Program, President Barack Obama’s signature response to the foreclosure crisis. 

National Mortgage News, Sept. 23, 2016–Collins, Brian
Fannie Mae employees working to update the agency’s automated underwriting machine to process trended data for the first time.

OC Register (Calif.), Sept. 23, 2016–Lazerson, Jeff
Fannie Mae releases 10.0, the 31st version of its automated credit decision engine named Desktop Underwriter or DU.

Mortgage Daily, Sept. 23, 2016
Loans with nontraditional credit that receive an approve/eligible recommendation from Fannie Mae’s Desktop Underwriter will be eligible for delivery on a delegated or non-delegated basis.

DS News, Sept. 23, 2016–Baer, Kendall
Michael Waldron of Bayview Loan Servicing says adjustments to existing systems add clarity and create efficiencies.