JB Group Weekly Tweet Recap for 2011-03-20

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JB Group Weekly Tweet Recap for 2011-03-20

HUD Focused on Rebuilding America's Dilapidated Housing Inventory http://ow.ly/1bLEwV # FHA Chief Stevens to leave job & become new CEO of the Mortgage Bankers Association – via @inmannews http://ow.ly/4faQy # Originator Compensation Delay Urged by Congressional Committee http://ow.ly/1bMJjA # Informal Evidence on Why Small Independent Mortgage Professionals Don’t Support NAMB – http://ow.ly/4g23B # http://fb.me/R1TGaaXH # Incoming MBA President Potentially Hindered by Revolving Door Policy http://ow.ly/1bNOM4 # 1000's of ?'s fielded by Fed Reserve in less than a week for compensation call *happening now*. #LOComp # Glad the Fed defined features like pre-payment penalties & interest-only as risky. Too much burden on consumers to have choices. #LOComp # RT @jillayne: RT @mortgageporter The Fed is creating rules for the lowest denominators of LO's and consumers #LOComp # I didn't know former NAMB employee Nikki Pastor was working for the Fed now. Hmmm. # Risk Retention Regs Boost Mega-Bank Market Share – Debate continues over including a 20 percent down payment require… […]

by jberman
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JB Group Weekly Tweet Recap for 2011-03-13

Sweet! RT @thebrecklife: One Ski Hill Place in Breck announces Buyer Incentive Program. Free LIFETIME ski passes http://bit.ly/h0Njaj # RT @naihp: NAIHP files suit in U.S. District Court over Originator Comp Rule. # Loan Servicer Code of Conduct Proposed by State Officials and DOJ http://ow.ly/1bEZYa # HAMP: On the Chopping Block – Last week the House Financial Services Subcommittee on Insurance, Housing and Communit… http://ow.ly/1bG0hc # Based on the Linkedin Groups I'm in: Mortgage peeps are 25x more likely to post a motivational quote than an opinion on the comp. changes. # Loan Demand Rebounds from Holiday Influenced Slowdown – The MBA's loan application survey covers over 50% of all U.S… http://ow.ly/1bH1yO # Fewer Default Notices in February. Home Repos Restricted – Foreclosure filings of all types continued to decline dur… http://ow.ly/1bI34J # Principal Reduction Debate: Focused Attention Needed – Three Federal Reserve economists are out to debunk the theory… http://ow.ly/1bJ4HV #

by jberman
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JB Group Weekly Tweet Recap for 2011-03-06

Pending Home Sales Basically Flat in January. Rent or Own? – The National Association of Realtors today released the… http://ow.ly/1byhz5 # Geithner Sets Two-Year Target on Housing Finance Reform – Treasury Secretary Timothy F. Geithner told the House Comm… http://ow.ly/1bznlm # $50 Million in Affordable Housing and Community Development Grants Awarded http://ow.ly/1bArbD # Housing Scorecard: Delinquencies Down. Foreclosures Delayed http://ow.ly/1bBuES # STAR Scorecard: Loan Servicer Performance Metrics Explained – Last week Fannie Mae announced the Servicer Total Achi… http://ow.ly/1bCwGd #

by jberman
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JB Group Weekly Tweet Recap for 2011-02-27

Goofy. One of my 2nd mortgage lenders uses the term "Shock Payment" in their underwriting guidelines. Fire that wordsmith. # FHA Commissioner Explains Logic Behind Insurance Premium Hike http://ow.ly/1bskyW # Cash Buyers and Qualified Investors Prop Home Sales – The uptrend in existing-home sales continues, with January sal… http://ow.ly/1btqgO # Fannie Mae Rolls Out Servicer Evaluation Program – Fannie Mae has announced a new program to measure and evaluate th… http://ow.ly/1buxo1 # Unrest in the Middle East might create a buying opportunity at home. – http://ow.ly/435gE # Fence-Sitting Homebuyers Face FHA Fee Hike Deadline – Both applications for FHA-guaranteed mortgages and FHA endorse… http://ow.ly/1bvDXJ #

by jberman
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JB Group Weekly Tweet Recap for 2011-02-20

FHA Announces Fee Hike. Targeted Relaxation of Regs Ahead? –  WASHINGTON – As part of ongoing efforts to … http://ow.ly/1bkSPw # Homebuilders Still Hampered by Appraisal Inaccuracies and Lack of Financing Options http://ow.ly/1blUtY # **Purchasing or refinancing a home & interested in using FHA financing?** Make sure your Mortgage Loan Officer… http://fb.me/vKahRsM0 # FHA Rule Change: Effective with case numbers pulled on or after April 18, 2011, the Annual MIP factors are going… http://fb.me/zRYfJglT # Home Loan Demand Declines as Rising Rates Reduce Affordability http://ow.ly/1bmWOp # MBA: Delinquency Rates Down, Some to Pre-Recession Levels – There was a lot of good news in the Fourth Quarter Nati… http://ow.ly/1bnYpp # Refinancing Borrowers Shun ARMs in Q4. Opt for Shorter Loan Terms http://ow.ly/1boYy0 #

by jberman
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