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Appraisers Frustrated with Regulatory Burdens, Low Pay

March 17, 2017
Carisa Chappell
Appraisers are most frustrated with the FHA, excessive regulations and insufficient compensation, according to a National Association of Realtors survey of more than 2,000 appraisers.
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Top Cities for Millennial Homebuyers Include Pittsburgh, DC

March 17, 2017
Carisa Chappell
A new study by LendingTree said that Pittsburgh tops the list of cities for millennial homebuyers with 48.4 percent of all purchase mortgage requests coming from that demographic.
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Agency Servicing Growing, Commercial Banks Continue Pullback

March 16, 2017
John Bancroft
The volume of home mortgages outstanding continued to grow during the final three months of 2016, no thanks to the commercial banking industry.
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Affordable Housing Group Says Trump’s Proposed $6.2B HUD Cut Would Devastate Current Efforts

March 16, 2017
Carisa Chappell
The Trump Administration’s proposed budget for FY2018 includes a $6.2 billion cut to programs falling under the U.S. Department of Housing and Urban Development.
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CFPB Sticks Nationstar With $1.75M Fine for Flawed HMDA Reporting

March 16, 2017
Thomas Ressler
The Consumer Financial Protection Bureau fined Nationstar Mortgage $1.75 million this week for allegedly violating the Home Mortgage Disclosure Act.
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PHH Corp. Continues Defense in CFPB RESPA Dispute

March 16, 2017
Thomas Ressler
PHH Corp. and related parties again made a full defense of their position in their legal struggle with the CFPB over alleged misconduct under the Real Estate Settlement Procedures Act.
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Short Takes: Deputy Treasury Secretary Role to Be Filled / Fannie Prices Second CRT of 2017 / Housing Inventory Continues Downward Spiral / FHFA Shows Refi Volume Down in Jan.

March 16, 2017
Carisa Chappell
Former Goldman Sach executive, James Donovan, is the latest Goldman hire for a senior government position in the Trump Administration.
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Correspondent Channel Lost Some Share of Gov’t Market in 2016

March 15, 2017
John Bancroft
The banking industry continued to backpedal away from the business of servicing home mortgages for other investors during 2016, according to an exclusive new Inside Mortgage Trends analysis of call-report data....
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Another Day, Another Executive Order

March 15, 2017
Thomas Ressler
President Trump began the week by signing yet another executive order to roll back the reach of the federal government – this one promoting “a comprehensive plan for reorganizing the executive branch.” But unlike some of the earlier EOs from the White House, the odds seem to be higher that this one may apply to the Consumer Financial Protection Bureau....
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Corporate Tax Reform Could Complicate Recapitalizing Fannie and Freddie

March 15, 2017
Carisa Chappell
Fannie Mae and Freddie Mac could have a harder time recapitalizing if their deferred tax assets are negatively impacted by corporate tax reform, according to one GSE spectator....
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