New York Post, July 29, 2016–Curan, Catherine
Two mortgage firms targeted by Department of Financial Services.
Category: Top National News
CFPB Punts on TRID Errors, But Offers Plenty More for Lenders
National Mortgage News, July 29, 2016–Berry, Kate
Update does not give lenders ability to correct errors after loan has closed.
Quicken Loans Tops J.D. Power Survey on Mortgage Services
Crain’s Detroit Business, July 29, 2016–Henderson, Tom
Huntington Bank ranks second.
Two Harbors Bailing on Jumbo Bonds Already Impacting Mortgage Market
HousingWire, July 29, 2016–Lane, Ben
NYCB Mortgage says it will suspend jumbo fixed 30-year program.
1 Million-Plus More Homeowners Can Benefit from Refi Post-Brexit
CNBC, Aug. 1, 2016–Olick, Diana
Drop in mortgage rates have borrowers rushing back to the bank.
Brexit Credited With New Refi Boom
National Mortgage Professional, Aug. 1, 2016–Hall, Phil
Brexit spurs new interest in “safe” U.S. Treasury bonds.
Mortgage Principal Forgiveness Policy Is a Bad Idea
Heritage Foundation, Aug. 1, 2016–Ligon, John
Author says forgiveness gives undue advantage to Fannie Mae, Freddie Mac.
U.S. Mortgage Insurers Names New Chairman
DS News, Aug. 1, 2016
MGIC CEO Patrick Sinks had served as vice chair.
How to Restore Humanity to Loss Mitigation
National Mortgage News, Aug. 1, 2016–Smith, Rick
Mortgage servicers should invest in the right technology platform.
Obama Boosts Clean Energy Lending That Critics Say Poses Risks
Bloomberg, July 19, 2016–Light, Joe
PACE program promotes clean home energy improvements, but MBA and others say loans could get borrowers into debt they can’t afford to repay.