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Volume 13 - Number 7

April 3, 2009

Vendors Gear Technology to Booming FHA

Technology vendors are racing to catch up to the booming FHA program, a segment of the market that had drifted toward irrelevance for years before suddenly taking center stage in the distressed mortgage market of 2008. With FHA lending accounting for close to 30 percent of new production, various companies are offering new products to make processing these loans more efficient. Among them...

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Poll

The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

It’s doing a good job of balancing consumer protections with regulating the mortgage industry.
It’s too early to tell what kind of job the CFPB is doing.
It’s not needed and should be closed down.

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