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Industry News | July 13, 2020

Mortgage rates post another all-time lowHomeNews

Mortgage Professional America – Candyd Mendoza

According to Freddie Mac Primary Mortgage Market Survey, the 30-year mortgage rate hit rock...

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Agency | GSE News, Disaster News | July 13, 2020

Ginnie Mae restricts long-time legitimate business activity of mortgage servicers

HousingWire – Laurence Platt

Ginnie Mae’s enforced restriction on regrouping of re-performing forborne loans yet again penalizes servicers acting as critical service providers...

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Industry News | July 13, 2020

Optimal Blue launches mortgage rate indices on Nasdaq's platform

Mortgage Professional America – Candyd Mendoza

Optimal Blue Mortgage Market Indices (OBMMI) is now available on Nasdaq’s Global Index Data...

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Disaster News | July 13, 2020

These housing markets are most at risk from COVID-19's economic impact

Mortgage Professional America – Ryan Smith

According to ATTOM Data Solutions report, the housing markets on the East Coast and...

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Agency | GSE News | July 10, 2020

Advance Copy Notice: HB-1-3555 Chapter 15 Submitting the Application Package

The Single Family Housing Guaranteed Loan Program will publish a revision to technical HB-1-3555, Chapter 15, “Submitting the Application Package”...

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Industry News | July 10, 2020

Lending standards still tight as lenders navigate gradual market recovery

Mortgage Professional America – Candyd Mendoza

In June, the available mortgage credit declined again as investors continued to hold back...

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Federal Legislation | July 10, 2020

The FDIC’s Implementation of Enterprise Risk Management

Compliance Alliance

The FDIC released a report on the implementation of Enterprise Risk Management (ERM) as an agency-wide approach to...

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Industry News | July 10, 2020

Wells Fargo loosens jumbo lending requirements for current customers

HousingWire – Brena North

Wells Fargo announced as of July 1, existing Wells Fargo customers can now get a non-conforming...

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