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The Consumer Financial Protection Bureau has issued an interim final rule with request for comment regarding the issuance of temporary cease-and-desists orders.
October 3
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The loan is secured by the borrowers fee interest in a Midtown Manhattan office building.
October 3 -
Asking home prices rose 2% month-over-month in September and 11.5% on a year-over-year basis, but it is really hard to see in those numbers that growth in this area is slowing down.
October 3 -
All but two Mortgage Industry Equity Composite stocks closed lower on Thursday, day three of the government shutdown.
October 3 -
A post on the Mortgage Grapevine states a mortgage note was misassigned to MERS, an entity the posters company is not a member of.
October 3 -
Deloitte & Touche settled lawsuits by Taylor, Bean & Whitaker Mortgage Corp.s bankruptcy trustee and Deutsche Bank over $7.6 billion in losses associated with the collapse of the mortgage lender.
October 3 -
The outgoing chair of the Mortgage Bankers Association, Debra Still, is looking forward to the future where she plans to continue her leadership role in the mortgage marketplace.
October 3 -
The lender turned down the mortgage based on CMG's guidelines, the complaint had alleged.
October 3 -
The bottleneck over getting Internal Revenue Service transcripts is beginning to hurt correspondent and wholesale lenders.
October 3 -
Starting in 2014, the Federal Home Loan Bank of San Francisco will purchase mortgages for its own portfolio using the MPF Original and MPF Government products.
October 3 -
While the homeownership rate has fallen for five straight years, more renters are living in single-family homes that have been converted to rentals.
October 3 -
Paul Mass is stepping down as president, remains on the company's board.
October 3 -
The Freddie Mac surveys weekly average for fixed mortgage rates dropped a bit for the third week in a row as the federal government shutdown rocked consumer confidence.
October 3 -
The National Association of Home Builders lowered its forecast for U.S. single-family home starts this year and next as higher interest rates slow the pace of growth in the housing market.
October 3 -
The longer the government shutdown continues the more disruptive it will be for the mortgage market and borrowers.
October 3 -
As a rule transfers of mortgage servicing rights from one servicer to another do not have a negative impact on mortgage-backed securities ratings, but MSRs still make some insiders nervous.
October 2 -
The housing recovery is at a turning point and it needs more jobs and income growth to gain momentum.
October 2 -
Morgan Stanley and Bank of America will issue another CMBS conduit transaction that has been assigned preliminary rating by Kroll Bond Rating Agency.
October 2 -
Adopting the mindset of a promise keeper in order to change your life and reach your goals.
October 2
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As the market changes, companies want to continue to attract and retain the best originators in the market, especially those that can consistently generate purchase volume.
October 2
STRATMOR Group



