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Despite the mounting charge from burgeoning nonbank servicers, three large banks still control the majority of the servicing market.
By Mark FogartyDecember 12 -
From Biblical times to the present, fraud has been the key factor in all financial crises. But there is one financial instrument that, if used correctly, can bring equilibrium to fraud-impacted markets.
By Mark FogartyDecember 3 -
The Census Bureau/HUD American Housing Survey isn't just a great source of factoids about the country's housing stock; it's chock-full of fascinating details with mortgage lending implications.
By Mark FogartyNovember 26 -
Industry observers have mixed reactions on whether next year's Republican-controlled Congress will finally address long-stalled efforts to reform Fannie Mae and Freddie Mac.
By Mark FogartyNovember 11 -
The Consumer Financial Protection Bureau will be scrutinizing the new cadres of mini-correspondent lenders to make sure they aren't just "captive" arrangements to get around broker compensation rules.
By Mark FogartyNovember 10 -
Mortgage executives who have long decried new regulations as excessive are increasingly becoming resigned to the fact that changes are here to stay.
By Mark FogartyOctober 29 -
Recently released HMDA data strongly suggest that the reason minority homeownership rates are falling since the beginning of the recession isn't because minorities are opting out of the mortgage process, but because they're being excluded.
By Mark FogartyOctober 21 -
Housing and Urban Development Secretary Julian Castro challenged lenders to make more mortgages, saying the credit pendulum has swung too far on the side of caution.
By Mark FogartyOctober 20 -
If they take control of the Senate next year, GOP leaders may want to show they can get legislative results ahead of the 2016 Presidential election.
By Mark FogartyOctober 20 -
Attendees who get to the Mortgage Bankers Association's annual conference in Vegas a little early can take a day trip to view of some amazing natural (and man-made) landmarks.
By Mark FogartyOctober 17