Recently added articles from Mortgage Servicing News:
FHA Fund Could Swing to Red.(News)(Brief article)
Dec 01, 2009 ... Washington-The Federal Housing Administration's reserve fund is still in the black, but it would only have to cross a thin line to slide into the red. First, the good news: the FHA reserve fund has enough unencumbered cash left to continue writing policies on its fast-growing ...
Servicers Should Heed Fair Lending Compliance.(News)
Dec 01, 2009 ... Byline: Amilda Dymi Minneapolis-Servicers concerned about regulatory compliance may be overlooking or simply not paying enough attention to fair lending requirements when modifying loans. And that, insiders warn, is bound to eventually come to haunt them. While ...
The Fannie/Freddie Conundrum Has Few Good Answers.(Mortgage Scene)
Dec 01, 2009; ... Byline: Paul Muolo Within the next 90 days the White House is expected to release its blueprint on what to do with the nation's money-losing - but much needed - congressionally chartered mortgage giants, Fannie Mae and Freddie Mac. If you think the answer to this dilemma is ...
Data: Loopholes Promote Foreclosures, Not Mods.(News)
Dec 01, 2009 ... Byline: Amilda Dymi Boston-Recent market data highlight a pressing need to deal with Home Affordable Modification Program loopholes and systemic problems that are costing homeowners their homes and preventing servicers from being efficient in their efforts to cope with the ...
SERVICING PEOPLE.(News)
Dec 01, 2009 ... CALIFORNIA Pleasanton-Ellie Mae said that former Fannie Mae executive Robert Levin has joined its board of directors. Mr. Levin had been with Fannie Mae from 1981 to early 2009. As executive vice president and chief business officer for Fannie Mae, he had ...