National Mortgage News, Aug. 22, 2016–Bisbey, Allison
As volume spikes, so has loans transferred to special servicing.
Category: Top National News
Walter Investment Sells $535 Million in Mortgage Servicing Rights
HousingWire, Aug. 9, 2016–Ramirez, Kelsey
New Residential Investment will pay $231 million for MSRs and assets of Walter Capital Opportunity, subsidiaries.
Mortgage Debt Declines in Consumer Debt Picture
MReport, Aug. 9, 2016–Honea, Brian
New York Fed says while household debt increased in 2Q, mortgage debt fell.
Bankers Charged With TARP Crimes Reach 80
Mortgage Daily, Aug. 9, 2016
More than 199 have faced civil or criminal charges.
Clean Energy Home Loans Have Problems
Tallahassee (Fla.) Democrat, Aug. 10, 2016–Ryan, Terry
Founder of local solar electric initiative cites MBA concerns over FHA Property Assessed Clean Energy program.
Servicing Gets Cheaper and Cheaper
Market Realist, Aug. 10, 2016–Nyitray, Brent
Lower rates, increased prepayments affect servicing valuations.
Most CFPB Small Business Panelists Disagree with Agency Rules: GAO
National Mortgage News, Aug. 10, 2016–Berry, Kate
Government Accountability Office says small businesses generally disagree with Bureau’s rules.
Morgan Stanley Credited by Monitor with $10.5M in Relief
National Mortgage News, Aug. 10, 2016–Passy, Jacob
Independent monitor okays settlement with New York.
Fannie Mae, Freddie Mac Set New All-Time Low Mortgage Modification Interest Rate
HousingWire, Aug. 10, 2016–Lane, Ben
Benchmark rate now more than one full percentage point lower than it was in 2012.
Nationstar Returns with Sixth Reverse Mortgage ABS
National Mortgage News, Aug. 10, 2016–Fest, Glen
Third securitization this year.