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Home » Authors » George Brooks

Articles by George Brooks

‘Marriage Equality’ Passes, But Will It Have Any Effect on Mortgage Production?

July 6, 2015
George Brooks
In addition, 25 percent of all LGBT survey respondents said they plan to purchase real estate in the next three years.
Read More

So, Is the FHA Still Sick or Not?

July 1, 2015
George Brooks
The report from Potomac Partners bears the good news about FHA...
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Due to Recent Data Breach, IRS Denies Some Lenders’ Request for Tax Transcripts

June 29, 2015
George Brooks
According to the RHS, the Internal Revenue Service action is meant to deter any fraud that might result from identity theft.
Read More

Regulators in Washington State Accuse Quicken on False VA Loan Ads

June 29, 2015
George Brooks
Since then, Quicken has conducted a thorough review and has “proactively taken steps to ensure all [VA] mailings reflect our brand and quality standards,” Emerson said.
Read More

On the Rise: Securitization of VA Jumbo Mortgages

June 29, 2015
George Brooks
VA jumbo originations outpaced FHA jumbo production, which totaled $2.8 billion in the first quarter, up 17.0 percent from the prior quarter.
Read More

Aggregators Push Buyback Risk to Originators

June 23, 2015
George Brooks
And these very same aggregators have made demands of the retail funders they bought the loans from in the first place
Read More

FHA Proposes Guidance for Identifying, Dealing with Loan Defects

June 19, 2015
George Brooks
The guidance explains how the FHA intends to categorize defects found in endorsed single-family mortgages.
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FHA Issues FAQs on Upcoming Single-Family Policy Handbook

June 18, 2015
George Brooks
Industry observers noted that FAQs didn’t answer some of the big questions that matter to lenders, such as quality control, student debt and pre-funding review requirements.
Read More

Originations of VA Mortgage Increase in First Quarter, Growth Attributed to Awareness

June 15, 2015
George Brooks
Originations of VA mortgages in the first quarter of 2015 increased by 5.8 percent compared with the previous quarter and were up 86.0 percent from the first quarter of 2014.
Read More

CFPB Issues Public Advisory Against Deceptive Reverse Mortgage Ads

June 5, 2015
George Brooks
Several well-known actors, including Henry Winkler, Robert Wagner and Fred Thompson, have appeared in such ads over the past few years, vouching for the products and their safety.
Read More
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