National Mortgage News - June 2017

New entrants in mortgage servicing are rethinking how business is done, creating more division between holders of mortgage servicing rights and the entities that actually manage loans.

Managing portfolios for an influx of servicing rights investors helps mortgage companies augment revenue and keep rising costs and compliance risks in check.

Fannie Mae and Freddie Mac issued proposals Monday to create pilot programs for loans on mobile homes, part of an ambitious plan for underserved and rural housing markets.

Construction lending could make a comeback if bankers persuade Congress to reform capital and other complicated rules on so-called high volatility CRE loans. But will regulators go for it?

FHFA Director Mel Watt warned Thursday that to prevent a potential draw on the Treasury Department by the government-sponsored enterprises, he is willing to act unilaterally to rebuild capital at Fannie and Freddie.

The days of vacant, distressed homes covered in sheets of plywood appear numbered, as Fannie Mae and Freddie Mac move toward greater adoption of polycarbonate "clear boarding" to secure foreclosure properties.

Foreclosure filings in April were at their lowest level since November 2005 at 77,049 properties, down 7% from March's 83,145 and 23% from April 2016.

The deposit insurer has stayed out of the debate over how to regulate the online lending industry. But that may be about to change.

The landmark ruling remands the city of Miami's 2013 suit against Wells Fargo and Bank of America to the lower court.

The Treasury secretary on Monday reiterated an aggressive timetable for tackling the future of Fannie Mae and Freddie Mac, an issue that has long flummoxed Congress.

The GOP is working on a plan that could extend the Congressional Review Act's reach so that it may overturn certain policies all the way back to 1996.

Upcoming changes to how banks report mortgage activity to the government will have an undeniable impact on Community Reinvestment Act exams, but regulators have been silent on how they will use the data.

Mortgage industry hiring and new job appointments for the week ending June 9.

Here's a look at the 12 markets where rising home prices, along with shifts in wages and interest rates, have combined to put the most downward pressure on consumers' purchasing power.