Mortgage Daily, Aug. 23, 201
Angel Oak Capital Advisors announces $133 million deal.
Category: Top National News
How a Liquidity Crisis Could Derail the U.S. Mortgage Market
CNBC, Aug. 24, 2016–Marino, Joe
Prolonged low rates and dwindling liquidity for loans on the secondary market could grind home sales to a halt again.
An Ironic Twist in the Fight Over Mortgage Bond Settlement Cash
Wall Street Journal, Aug. 24, 2016–Ng, Serena
Some bonds in dispute have surprising history.
How to Gracefully Manage TRID Compliance
National Mortgage News, Aug. 24, 2016–Tymesen, Tana
Texas loan officer offers a different perspective.
New Plan Would Let FHLBs Accept Expanded Collateral
National Mortgage News, Aug. 24, 2016–Collins, Brian
Federal Housing Finance Agency wants to make it easier for Federal Home Loan Banks to accept certain kinds of collateral.
Dickerson: Tweak Mortgage Laws to Protect Homeowners
Houston Chronicle, Aug. 24, 2016–Dickerson, Mechelle
U. of Texas professor says Texas legislators should rework state “property preservation” clause that allows lenders to lock out borrowers who are in mortgage default.
S. Jersey-Based PHH Loses 30% of Mortgage Subservicing Business
Philadelphia Business Journal, Apr. 25, 2016–Blumenthal, Jeff
HSBC said it will sell 139,000 to a buyer that does not intend to retain it as a subservicer.
FHFA Previews New High LTV Refi Offering
National Mortgage Professional, Aug. 25, 2016–Hall, PhilOffering more targeted than HARP.
Insurance Concerns: Half the Flooded East Baton Rouge Homes Not in ‘High-Risk’ Areas
The Advocate (Baton Rouge, La.), Aug. 25, 2016–Hardy, Steve
Officials estimate 27,500 flood-damaged homes were not required to have flood insurance.
Pre-Crisis Mortgage Bonds Still Haunting Investors
Reuters, Aug. 25, 2016–Wiltermuth, Joy
Broken promises and a mountain of debt still punishes many commercial mortgage-backed securities investors a decade later.