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The bill, which was co-sponsored by Reps. Dennis Ross, R-Fla., and Patrick Murphy, D-Fla., passed on a 419-0 vote.
BY Brian Collins
The House passed a bill Thursday that would authorize state insurance commissioners to approve flood insurance policies for Fannie Mae, Freddie Mac and other federally backed mortgages.
The Consumer Financial Protection Bureau will propose changes in late July to its mortgage disclosure rule to provide "greater certainty and clarity" to the mortgage industry.  more »
A healthy housing market is expected to buoy purchase mortgage volumes this year, while rising rates will put a damper on refinancing, according to a report from rating agency DBRS.  more »
Commercial and multifamily mortgage loan originations barely budged overall during the first quarter when compared to the same period last year, according to the Mortgage Bankers Association.  more »
Mortgage software provider Ellie Mae reported a dip in net income as a result of increased sales, marketing and research expenses that outweighed revenue gains.  more »
2016 Top Producers
Learn how the some of the industry's most successful loan originators get it done with these tricks of the trade from the 2016 Top Producers rankings' top 20 loan officers of the Northeast.
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