Fannie, Freddie Offer Lenders a
'Get Out of Putbacks Free' Card
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May 14, 2014
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Fannie, Freddie Offer Lenders a 'Get Out of Putbacks Free' Card by KATE BERRY The government-sponsored enterprises just went a long way toward encouraging lenders to make more loans to borrowers with lower credit scores.
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FHFA's Watt to Stay Out of GSE Reform Fray by DONNA BORAK In a wide-ranging speech on Tuesday, new FHFA Director Mel Watt said he would not weigh in on the housing finance reform debate percolating in Congress, while also detailing what changes he plans to make at the agency, including encouraging more access to credit.
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ADVERTISEMENT Anti-Money Laundering Program – Housing Government Sponsored Enterprises This past February, FinCEN published a final rule in the Federal Register requiring certain housing government sponsored enterprises to establish anti-money laundering programs…
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FHA Fleshes Out Quality Control Plans, Counseling Incentive by MARC HOCHSTEIN The agency is developing a new methodology for evaluating underwriting defects to give lenders a better handle on the risk posed by any given flaw in a loan file.
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Facebook Page Follow Up RESPA Note by BLISS SAWYER Clarifying if a gift card giveaway on my business Facebook page is a violation of the anti-kickback section of RESPA.
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Refi Requests Increase from Previous Week: MBA by KRISTIN BROUGHTON Mortgage applications increased during the week ending May 9, driven by a jump in requests for refinancings, according to the Mortgage Bankers Association.
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Carrington Adds Va. Branch to Focus on Underserved Borrowers by AMILDA DYMI Carrington Mortgage Services has opened its fifth retail lending branch in Virginia as part of its effort to originate more loans to borrowers with lower credit scores.
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Featured Events
Principles of Conventional Underwriting Instructor-Guided Online Course Wed, 14 May 2014 READ MORE »
Preparing for a CFPB Examination Webinar Thu, 29 May 2014 READ MORE »
Advanced FHA Underwriting Instructor-Led Online Course Tue, 03 Jun 2014 READ MORE »
Distressed Residential Mortgage Summit NY Marriott Marquis Wed, 18 Jun 2014 - Thu, 19 Jun 2014 READ MORE »
Resource Center
Enabling Transformation for the changing Banking Industry WHITEPAPER The Banking/Financial Industry has gone through significant changes since the economic downturn.
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11 Mortgage Industry Strategies to Thrive in 2014 WHITEPAPER Success in the mortgage business has never been simple or easy, but that's especially true today.
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Building Brand Loyalty in Financial Services WHITEPAPER In an industry where brand loyalty is key, banks must work diligently to ensure top-notch service and customer outreach through every one of its channels.
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