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Risk Management

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By obtaining a third-party opinion that provides a reasoned analysis supporting borrowers' ability to repay, a lender places itself in a substantially stronger position with respect to subsequent ATR claims.
Homebuilders are looking for the FHFA to ease credit standards on Fannie Mae and Freddie Mac mortgages to help improve new home sales.
Builders have noticed some easing of mortgage credit standards recently, but not enough to make a meaningful difference on the housing recovery.

The mortgage life support provided by the federal government since the crash is ebbing. It will be interesting to see if the industry can breathe on its own now.

Last month, BMO Harris Bank changed policies on auto lending to pay a flat percentage of the loan amount to auto dealers making loans (sound familiar?).

Larger lenders are "more complex" and take longer to get up and running as clients, says Ellie Mae COO Jonathan Corr. Image: Randall Scott
The mortgage tech vendor is trying to maintain profits by signing and upgrading customers. The headwinds it faces reflect broader industrywide challenges: lower origination volume and new compliance requirements.

Image: Thinkstock
A New York startup vows to reduce risk and bring transparency and regulatory oversight to a much-hyped investment class.
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