Cart

Inside Mortgage Trends

December 3, 2010

View Archived Issues

Mortgage Banking Earnings Rebound On Banks’ Rising Origination Volume

The banking industry reported a solid increase in mortgage banking profits during the third quarter of 2010 and appeared poised to finish the year on a high note, according to a new Inside Mortgage Trends analysis of call report data. In aggregate, commercial banks reported...[Includes one data chart and one graph] Read More

Feds Try to Get a Grip on Servicing Problems

Federal banking regulators have taken oversight of the mortgage banking industry to a new level in recent months, rattling all their enforcement sabers as menacingly as they can. The Federal Reserve, the Office of the Comptroller of the Currency, the Office of Thrift Supervision and the Federal Deposit Insurance Corp. have launched... Read More

GSEs Resume Sales of Foreclosed Properties

Fannie Mae and Freddie Mac gave the thumbs-up to real estate agents to resume foreclosed home sales after a two-month suspension in light of the “robo-signing” scandal, but it is unclear whether the move will get foreclosures back on track. The government-sponsored enterprises halted... Read More

HUD Reviews Warehouse Lending Policy

The availability of warehouse lines of credit for mortgage originators improved significantly over the past year, but a new regulatory initiative could lead to a setback, according to some industry officials. The Department of Housing and Urban Development in late November announced... Read More

Mortgage Tech Firms Become Hot Properties

A mergers and acquisitions trend has hit the mortgage technology market and is expected to ramp up in the next year, according to John Guzzo, a managing director at Berkery Noyes, which specializes in financial industry technology mergers and acquisitions. To a large extent, the trend can be attributed... Read More

Implementing Title XIV a Big Challenge to Industry

Implementing the criteria proposed in Title XIV of the Dodd-Frank Wall Street Reform and Consumer Protection Act will significantly impact operations, technology, products and basic strategies employed by mortgage loan originators and servicers, according to a recent analysis by accounting firm PricewaterhouseCoopers. While the changes under Title XIV (the Mortgage Reform and Anti-Predatory Lending Act) may be difficult to implement, PWC believes originators and servicers could gain positional advantages as a result. Nevertheless, the swift… Read More

Freddie Hikes Delivery Fees

Freddie Mac is increasing post-settlement delivery fees based on loan-to-value ratios and credit scores for many mortgages sold into securities settled on or after Mar. 1, 2011. In addition to higher delivery fees for certain combinations of LTV and credit score, the government-sponsored enterprise is... Read More

Latest Imf News

More Imf News

Featured Data

More Featured Data

Featured Reports

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results