Category: Top National News

HousingWire, Nov. 3, 2015–Swanson, Brena
A quick perusal of the new supervisory report from the Consumer Financial Protection Bureau might finally be a sign that servicers are no longer at the top of the bureau’s hit list.

Austin American-Statesman, Nov. 3, 2015–Osborn, Claire
Owners of 400 homes in a Williamson County, Texas neighborhood got a shock recently after receiving a federal lawsuit that said the land they had bought as far back as the 1990s really wasn’t theirs.

HousingWire, Nov. 9, 2015–Swanson, Brena
Primary new mortgage insurance once again dropped for the month and declined to $3.5 billion, according to MGIC Investment’s October operational summery of its insurance subsidiaries for its primary mortgage insurance.

WFAA-TV (Dallas), Nov. 9, 2015–Shipp, Brett
Texas got a financial windfall from the National Mortgage Settlement. None has been spent to help struggling homeowners, however.

National Mortgage Professional, Nov. 9, 2015–Hall, Phil
North Dakota has received much attention lately for its booming energy industry. But a new survey from the NerdWallet Web site gives North Dakota new attention as the state with the best mortgage health.

National Mortgage News, Nov. 9, 2015–Finkelstein, Brad
Amid an ongoing shift in pricing strategies in the private mortgage insurance market, Essent Group chairman and CEO Mark Casale is trying to show investors that aggressive pricing tactics aren’t the only way PMI firms compete.

Wall Street Journal, Nov. 9, 2015–Dendrinou, Victoria
Global financial regulators published new rules that aim to stop banks from becoming “too big to fail,” to prevent a repeat of the 2008 financial crisis, when taxpayers had to bail out banks whose collapse would have threatened large-scale financial panic.

National Mortgage News, Nov. 6, 2015–Collins, Brian
While the overwhelming majority of Nationstar Mortgage Holding’s $4.9 billion in home loan originations in the third quarter were conventional loans, that will be changing soon if the company’s chief executive officer has his way.

HousingWire, Nov. 6, 2015–Lane, Ben
For the first time since Fannie Mae and Freddie Mac first established a benchmark interest rate for the standard mortgage modification programs in Jan. 2012, the rate is about to be lower than 4%.

New York Times, Nov. 7, 2015–Saul, Stephanie
White-collar criminals are employing a variety of schemes to snatch properties from their owners. Often, they use the secrecy afforded to shell companies to rent out vacated properties until they are caught or sell them to third parties.