MERS wins dismissal of county recording fee caseHousingWire (Today) - County clerks lack standing to sue Mortgage Electronic Registration Systems for recording fees on mortgage assignments, the U.S. Court for the Western District of Kentucky said. read more...
Reverse Mortgage’s Best Friend? Try BuildersReverse Mortgage Daily (Today) - With the vast majority of seniors wishing to stay in their homes as long as possible, the market for aging-in-place remodeling is catching on. Builders are boosting services to accommodate...
Tozer: Ginnie Mae backs nearly all FHA, VA mortgagesHousingWire (Today) - The head of Ginnie Mae said the company increased its role in the mortgage market since the housing bust, backing virtually every new loan guaranteed or insured by major federal...
FHA to announce premium changes soonHousingWire (Today) - The Federal Housing Administration will announce additional premium changes to both its forward mortgage business and its streamlined refinance programs in the coming days.read more...
United Guaranty gets new CEO after Martinez promotionHousingWire (Today) - United Guaranty, the mortgage insurance unit of American International Group is feeling the impact of executive restructuring, with the firm naming United Guaranty CEO Eric Martinez leader of a new...
Treasury shields HAMP dollars away from AG settlementHousingWire (Today) - "Structuring the AG settlement credits this way makes it more of an additive for principal reduction," Kingsley said. "This way, more borrowers could potentially receive some form of reduced principal."Mortgage...
Reverse Mortgage Daily (Today) - Mortgage lender First Meridian Mortgage Corporation went though its first-ever Consumer Financial Protection Bureau audit this month, just a matter of weeks after the government agency received its authority to...
HousingWire (Today) - County clerks lack standing to sue Mortgage Electronic Registration Systems for recording fees on mortgage assignments, the U.S. Court for the Western District of Kentucky said. read more... 