June 1, 2015
The two new forms replace the current four: the initial and final Truth-in-Lending statements, the good-faith estimate and the HUD-1 settlement statement, which is used to itemize fees charged to borrowers. Below are several major issues that banks and ...ISGN's Settlement Services And Vendor Management Platform Now TRID-Ready - Mortgageorb
- The conference will be a meeting of the leading minds in the affordable housing and community development industry, and attendees will examine some of the most pressing issues facing communities. Read on.
- The U.S. Department of Housing and Urban Development appears to have found a replacement for former HUD Senior Advisor Edward Golding, who recently took over as head of the Federal Housing Administration. Richard Green, who currently serves as the director of the University of Southern California Lusk Center for Real Estate, will take over for Golding as HUD senior advisor on July 1.
- Keefe, Bruyette & Woods’ analysts looked at Senate Banking Chair Richard Shelby’s, R-Ala., new banking reform bill, and in a note to clients explain some of the key ramifications. Want to know how it will affect you? Read on.
WASHINGTON (Reuters) - Units of Bank of America's Merrill Lynch admitted on Monday to violating certain federal rules by using inaccurate data for short sale orders and agreed to pay $11 million to settle the case, U.S. regulators announced. As part of ...Merrill Lynch to Pay $11 Million to Settle Short Sale Data Case - Fox Business
Posted To: MND NewsWireThe old adage might be "go West" but new home buyers aren't listening. A recent analysis by CoreLogic shows that the strongest new home sales markets are overwhelmingly in the South, especially Texas and North and South Carolina. New home sales increased nationally in the 12 months ended in January by 3 percent but rose by as much as 17 percent in some fast growing southern metropolitan areas. The region claimed...
- Delinquency rates for commercial and multifamily mortgage loans continued to decline in the first quarter of 2015 thanks to several improvements in the market.
Posted To: MBS CommentaryWith corporate issuance subsiding somewhat and month-end tradeflows providing steadier demand, the last week of May proved to be an eye of the storm. As we discussed last Friday and again this morning, the new month reinvigorates the risks as far as corporate issuance is concerned. Indeed, most recent Mondays have spoken to the market's general level of anxiety when it comes to accommodating...
- California housing markets lead the nation, and nationally prices were up 7% year-over-year, with the median price hitting $288,000 for a home.