JB Group Weekly Tweet Recap for 2011-01-02

Author: jberman

Posted on in General

JB Group Weekly Tweet Recap for 2011-01-02

FHFA Issues Final Rules for GSE Portfolios, Equal Hiring, and FHLB Goals http://ow.ly/1aCY7f # We have a lender raising it's underwriting fee from $795 to $895. Think about that for a minute. $895 … # Federal Home Loan Bank Proposals Aim to Reinforce Housing Finance System http://ow.ly/1aDMUN # HUD Awards Extra Funding to Housing Counselors – Secretary of Housing and Urban Development (HUD) Secretary Shaun Do… http://ow.ly/1aED1A # NAR Sees Gradual Housing Recovery Based on Several Assumptions http://ow.ly/1aFu8u # Thanks Franklin American Mortgage, when we reflect on the housing industry turnaround, the music city bowl sponsorship will be significant. #

by jberman
Posted on in General

JB Group Weekly Tweet Recap for 2010-12-26

http://fb.me/QU06s1uw # FICO and NAR Debate Credit Scoring Model and Impact on Consumers http://ow.ly/1axCiJ # FHFA Reports on Enterprise Foreclosure Prevention Activity – The Federal Housing Financing agency reported there hav… http://ow.ly/1azwpV # New Home Sales Up 5.5% in November. Median Prices Improve – The U.S. Census Bureau and the Department of Housing and… http://ow.ly/1aApj0 #

by jberman
Posted on in Mortgage Regulation

Foreclosures don’t always follow script | via Seattle Times

Anyone who has purchased or refinanced a home has experienced the onslaught of paperwork at the closing table. Presumably, there is ample opportunity for lenders and researchers to correlate housing data with home owners. However as the Fed researcher in the article states, it’s quite difficult to get accurate and relevant research on foreclosures and delinquencies. “For those of us who want to understand how the foreclosure crisis has affected borrowers and communities, it is frustrating to not have access to publicly available data that can really help us to understand what happened and why,” said Carolina Reid, a research manager for the Federal Reserve Bank of San Francisco. via Local News | Foreclosures don’t always follow script | Seattle Times Newspaper. We will never implement the most appropriate and intelligent housing regulation until there is better measurement & analysis of housing data. It’s a giant lead ball attached to the leg of the housing industry and no one has […]

by jberman
Posted on in General

JB Group Weekly Tweet Recap for 2010-12-19

CoreLogic: Fewer Underwater Mortgages in 3Q. Foreclosure Sales Drove Reduction http://ow.ly/1arbLk # Congressional Oversight Panel Blasts HAMP – The Congressional Oversight Panel (Cop) took aim at both the Treasury De… http://ow.ly/1asg3u # Mortgage Banker Production Volumes, Profits and Per Loan Costs All Higher in 3Q http://ow.ly/1atkmG # Refi volume drying up. Holiday lull hitting a purchase market already on life support. # Housing Starts and Building Permits Bounce Around All-Time Lows http://ow.ly/1aumCY # Appraisal Hell: What's a Home Worth These Days? – One appraisal two appraisals three appraisals…where's the floor?… http://ow.ly/1avlw1 #

by jberman
Posted on in General

JB Group Weekly Tweet Recap for 2010-12-12

Regulatory Agencies Issue Final Appraisal and Real Estate Evaluation Guidelines http://ow.ly/1akD4Q # Thanks to Chris Doherty for the question & Mindy at Advantage Credit for the info. http://fb.me/AImAX2Ic # What's the difference between a short sale vs. a foreclosure on my credit report? http://ow.ly/3lzoG # Survey: Americans Split on Timing of Housing Recovery. Discounted Prices Expected http://ow.ly/1alG9x # Purchase Demand Trending Higher. Refinance Apps Decline Again http://ow.ly/1amJkR # Summit County NED's are up year over year while other areas in Colorado are seeing declines. Very curious. http://fb.me/FQVMOvxl # Mortgage Industry Gong Show: Hasty Rule-Making Creates More Confusion http://ow.ly/1anMPu # "Archaic" FICO Model Called Out by NAR. Credit Scoring Due Another Update http://ow.ly/1aoOgq #

by jberman
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