Category: Top National News

Reuters, Oct. 3, 2016–Raymond, Nate
Royal Bank of Scotland Group PLC to resolve investigation of mortgage-backed securities underwriting ahead of 2008 financial crisis.

Mortgage Daily, Oct. 3, 2016
Fixed-rate MBS issuance on behalf of Fannie Mae, Freddie Mac and Ginnie worked out to $157.656 billion during September.

National Mortgage News, Oct. 3, 2016–Bisbey, Allison
Late payments on securitized commercial mortgages reversed course in September and resumed a climb that began in March, according to Trepp.

National Mortgage News, Sept. 20, 2016–Passy, Jacob
National Association of Hispanic Real Estate Professionals created a glossary that provides Spanish translations of terms used by the real estate and mortgage industries.

Reuters, Sept. 20, 2016–Rucker, Patrick
Richard Cordray, director of the Consumer Financial Protection Bureau, said the agency expects to reach 1 million complaints by the end of the week.

Mortgage Daily, Sept. 20, 2016
FHFA reports Fannie Mae, Freddie Mac refis tumbled from year ago.

HousingWire, Sept. 20, 2016–Lane, Ben
GSE predicts best year for home sales since 2006.

National Mortgage News, Sept. 20, 2016–Passy, Jacob
Americans carrying higher levels of debt as they head into retirement, raising the specter of financial headaches in their old age.

Mortgage Daily, Sept. 20, 2016
Upgrades resulted from recent massive settlement by Bank of America.

Scotsman Guide, Sept. 21, 2016–Whitman, Victor
MBA and other groups said proposed HUD rule on Home Equity Conversion Mortgages could harm servicers, borrowers.