The Federal Housing Finance Agency yesterday issued a final rule that requires Fannie Mae and Freddie Mac to align programs, policies and practices that affect the cash flows of “To-Be-Announced”-eligible Mortgage-Backed Securities.
Category: News and Trends
Preparing for ‘When,’ Not ‘If,’ in Natural Disasters
ORLANDO–Floods. Hurricanes. Earthquakes. Volcanic eruptions. Wildfires. Tornadoes. And that was just 2018.
Preparing for ‘When,’ Not ‘If,’ in Natural Disasters
ORLANDO–Floods. Hurricanes. Earthquakes. Volcanic eruptions. Wildfires. Tornadoes. And that was just 2018.
MBA Economic Forecast: ‘Slow, Steady Growth’ Amid Stronger Headwinds
ORLANDO–U.S. economic growth has been “slow and steady” for the past several years and is expected to stay that way, economists with the Mortgage Bankers Association said Wednesday.
MBA Vice Chair: Servicers at ‘Front Lines’ with Customers
ORLANDO–Mortgage Bankers Association Vice Chair Susan Stewart said mortgage servicers’ relationships with their customers are more important than ever.
MBA Vice Chair: Servicers at ‘Front Lines’ with Customers
ORLANDO–Mortgage Bankers Association Vice Chair Susan Stewart said mortgage servicers’ relationships with their customers are more important than ever.
MBA Vice Chair: Servicers at ‘Front Lines’ with Customers
ORLANDO–Mortgage Bankers Association Vice Chair Susan Stewart said mortgage servicers’ relationships with their customers are more important than ever.
Senate Panel Advances Calabria Nomination to Head FHFA
On strict party lines, the Senate Banking Committee yesterday approved the Trump Administration’s nomination of Mark Calabria as director of the Federal Housing Finance Agency.
Black Knight: January Prepayment Rate at 18-Year Low
Black Knight, Jacksonville, Fla., released its January First Look Mortgage Monitor, reporting loan prepayments fell to an 18-year low as seasonal home sales reductions outweighed a rise in refinance incentives.
Closing Disclosures Continue to Cause Mortgage QC Trouble
A study from MetaSource, Salt Lake City, said closing disclosures and other requirements imposed by the Consumer Financial Protection Bureau’s late 2015 enhanced disclosure rules continue to pose quality control challenges.