Category: General

Does the Mortgage Industry Rely Too Heavily on Credit Scoring Models? http://ow.ly/1aOnm9 # Wild Wild West Housing Market: Are Ghost Towns Making a Comeback? http://ow.ly/1aPk3W # Loan Officer Compensation: Overtime Pay or No Overtime Pay? – The Mortgage Bankers Association has filed suit in fed… http://ow.ly/1aQhUv # Foreclosure Filings Hit Record Number of Properties in 2010 – One in every 45 U.S. housing units was the subject of … http://ow.ly/1aRgrG # The # of wholesale lenders still accepting current loan level pricing diminishes daily. Deadline 1/31. Advice: Costs going up, lock soon. # The Role of Affordable Housing in Stimulating Job Creation and Economic Development http://ow.ly/1aSd8A #

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. #

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 #