New GSE appraisal database to tighten scrutiny on mortgage lenders

RealtyTrac: Foreclosure activity rising in 2013 "Although we are comfortably past the peak of the foreclosure problem nationally, 2013 is likely to be book-ended by two discrete jumps in foreclosure activity," said Daren Blomquist, a RealtyTrac.CFPB launches national mortgage servicing rules The Consumer Financial Protection Bureau is conducting an assessment of the mortgage servicing rules under the Real Estate Settlement Procedures Act (Regulation X), as amended prior to January 10, 2014. The CFPB is required to review certain rules within five years after they go into effect by the Dodd-Frank Wall Act.

The GSEs will end up with a massive database – every appraisal on every loan it guarantees or holds. It already has an appraisal for every loan file. Only now, it will be formatted according to specified fields which will allegedly give some analysts the ability to compile and format the data.

In the mortgage industry, the amount of mortgage debt divided by the appraised value of the property is known as the loan-to-value ratio or LTV.

Wellington Management drops almost 7 million Ocwen shares Agencies team up to aid thousands of homeless vets HUD, VA Team up to Help 54 homeless veterans find permanent homes in Wisconsin. The supportive housing assistance announced today is provided through the HUD-Veterans Affairs Supportive Housing.Wellington Management drops almost 7 million Ocwen shares The government has tipped an almost $5 million deficit for the Financial Markets Authority (FMA) in the current financial year despite an expected quadrupling in fee revenue. In a just-released Statement of performance expectations (sope), the FMA forecasts a financial shortfall of more than $4.7 million over the 2019/20 fiscal year compared to.Michigan launches massive blight removal campaign Michigan is launching its largest residential blight removal campaign, the Michigan State housing development authority said in a press release. The U.S. Treasury approved the state’s housing.Bank of America suspends previous capital plans He poured scorn on ideas for projects included in the plan, which the authors acknowledged were mainly recycled from previous peace efforts and reports by international organizations like the World.

Quicken Loans is the United States’ largest mortgage lender. This is the second investment Rock Holdings has made in Canada over the past two years. Rock Holdings acquires Canadian fintech company Lendesk. – Rock Holdings, the parent company of Quicken Loans, has acquired a majority stake in Canadian fintech company Lendesk.

discusses one consequence of tight credit: fewer mortgage loans are. (GSEs) and their regulator, the Federal Housing Finance Agency (FHFA), best way for households to build wealth, the inability of these new. scrutinize the original loan documentation, find some small item in. DB/Mortgage IT.

New GSE Freddie Mac and Fannie Mae Mortgage Modification and Mortgage Mediation Changes Under the Federal Housing Finance Agency’s housing goals for Fannie Mae for 2015 to 2017, at least 24 percent of the single-family, owner-occupied mortgage loans acquired by the government-sponsored enterprise (GSE) must involve low-income families. At least 6.

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