The Lede

The Consumer Financial Protection Bureau yesterday issued an Advance Notice of Proposed Rulemaking on residential Property Assessed Clean Energy (PACE) financing.

ORLANDO–Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, said the mortgage servicing industry needs clear and definable standards to improve customer service and reduce costs. “Alignment of servicing standards ...

ATTOM Data Solutions, Irvine, Calif., said home flipping activity fell in 2018 by nearly 4 percent from a year earlier to its lowest level since 2011.

First American Financial Corp., Santa Ana, Calif., released its Loan Application Defect Index for January, showing frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications increased by 4.6 percent compared December, the fifth consecutive monthly increase.

ORLANDO–Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, said the mortgage servicing industry needs clear and definable standards to improve customer service and reduce costs. “Alignment of servicing standards ...

ORLANDO–Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, said the mortgage servicing industry needs clear and definable standards to improve customer service and reduce costs. “Alignment of servicing standards ...

ORLANDO--Floods. Hurricanes. Earthquakes. Volcanic eruptions. Wildfires. Tornadoes. And that was just 2018.

The U.S. homeownership rate rose to 64.8 percent in the fourth quarter, the Census Bureau reported yesterday, marking its highest rate since 2014.

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.

ORLANDO--Floods. Hurricanes. Earthquakes. Volcanic eruptions. Wildfires. Tornadoes. And that was just 2018.

ORLANDO--Floods. Hurricanes. Earthquakes. Volcanic eruptions. Wildfires. Tornadoes. And that was just 2018.

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.

ORLANDO--Mortgage Bankers Association Vice Chair Susan Stewart said mortgage servicers' relationships with their customers are more important than ever.

ORLANDO--Mortgage Bankers Association Vice Chair Susan Stewart said mortgage servicers' relationships with their customers are more important than ever.

ORLANDO--Mortgage Bankers Association Vice Chair Susan Stewart said mortgage servicers' relationships with their customers are more important than ever.

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.

Wall Street Journal, March 4, 2019 --Jessica Menton (subsription)The Federal Reserve's dovish tilt this year has been a boon for real estate shares that had been pressured by a threat of higher interest rates. Investors are scooping up REIT shares because of their large dividends and strong earnings growth.

Washington Post, Mar. 4, 2019--Tracy JanHousing and Urban Development Secretary Ben Carson says he intends to leave his post at the end of President Trump's first term.

HousingWire, Mar. 4, 2019--Ben LaneGoldman Sachs recently surpassed the $1.25 billion mark in the $1.8 billion in customer relief the company is required to provide as part of its $5 billion settlement reached in April 2016 over toxic mortgage bonds.

National Mortgage News, Mar. 1, 2019--Elina Tarkaziks, Austin Kilgore (free article)Innovating for the borrower was a consistent theme during the MBA's 2019 Mortgage Servicing Conference in Orlando, Fla. Whether through greater investments in technology and talent, or streamlining back-end processes to improve the consistency and speed of the decision-making process, servicers are doing more to prioritize borrowers in their businesses.

American Banker, Mar. 3, 2019--Victoria Finkle (subscription)The data breach at Equifax and Facebook's scandals have made data privacy a big issue to state and federal lawmakers. Here's why banks need to be worried.

National Mortgage Professional, Mar. 1, 2019--Phil HallJust because house flipping looks like fun on HGTV doesn't mean the actual process is a breezy escapade. According to a new study from Porch.com, would-be flippers often flop when it comes to strategy planning.

HousingWire, Feb. 28, 2019--Sarah WheelerDuring the MBA's National Mortgage Servicing conference this week in Orlando, it was evident that in the current environment servicers are using the relative calm to take stock of their operations, train staff, shore up compliance and invest in technology.

National Mortgage News, Feb. 28, 2019--Hannah Lang (subscription)As lawmakers shop plans to overhaul the housing finance system, small lenders are still skeptical that any of the various legislative proposals will work for them.

Reuters, Feb. 28, 2019--Dena AubinA federal judge in San Francisco has ruled in favor of housing finance giant Fannie Mae in a 2017 lawsuit accusing it of falsely reporting that thousands of consumers' homes had been foreclosed on.

Inside Mortgage Finance, Feb. 27, 2019 (subscription)The mortgage industry would likely benefit from the Consumer Financial Protection Bureau's proposed new policy on its no-action letter and sandbox program,analysts said. (MBA mention)

National Mortgage News, Feb. 27, 2019--Elina Tarkazikis (subscription)Mortgage servicers are not doing enough to keep borrowers loyal when it comes to the next loan. Only 17% of borrowers will use their same servicer to originate or refinance a mortgage loan, according to the Mortgage Bankers Association.

Urban Institute, Feb 27, 2019--Jim Parrott, Dave Stevens, Mark M. ZandiThe authors (including former MBA President and CEO) analyze Senate Banking Committee Chairman Mike Crapo, R-Idaho's outline for housing finance reform.

The Mortgage Leader, Feb 27, 2019Ocwen Financial Corp. reported a net loss of $70.8 million, or $0.53 per share, for the full year 2018 compared to a net loss of $128 million, or $1.01 per share, for the full year of 2017, a $57.2 million improvement.

HousingWire, Feb. 26, 2019--Sarah WheelerSo what does that future look like? More M&A, more tech investment and, if you've got a really long lens, more standardization.

National Mortgage News, Feb. 26, 2019--Brad Finkelstein (subscription)Being too dependent on the automated underwriting tools created by the government-sponsored enterprises to originate loans underlying private-label mortgage-backed securitizations could negatively affect their credit quality, Moody's said.

National Mortgage News, Feb. 26, 2019--Bonnie Sinnock (subscription)Altisource Portfolio Solutions recorded multimillion-dollar net losses in the fourth quarter and the full year for 2018, due to the reduction of the Ocwen Financial servicing portfolio and other repositioning activities.