Archive for ADP

Impact of QRM Reform on Credit Availability & Securitizations; Upbeat Mood at Secondary Conference; Ally Quarterly Results

May 4, 2011 No Comments

Last month marked the 151st anniversary of the Pony Express, the communications link from St. Joseph to San Francisco. News and mail took 11 days (with 75 horses and 20 riders), 10 days faster than by stagecoach. The Pony Express system lasted only las…

Tags: ADP, QRM

Impact of QRM Reform on Credit Availability & Securitizations; Upbeat Mood at Secondary Conference; Ally Quarterly Results

May 4, 2011 No Comments

Last month marked the 151st anniversary of the Pony Express, the communications link from St. Joseph to San Francisco. News and mail took 11 days (with 75 horses and 20 riders), 10 days faster than by stagecoach. The Pony Express system lasted only las…

Tags: ADP, QRM

Investors, First-Time Buyers Growing Leary of Distressed Market

The latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey, released on Monday, has a pair of findings that should be distressing to...

CBO Evaluates Potential Costs of a Large-Scale Refinancing Program

The non-partisan Congressional Budget Office (CBO) just released a working paper entitled An Evaluation of Large-Scale Mortgage Refinancing Programs in which it...

Government Seeks Solutions to Foreclosure Glut

Have a bright idea about how the government can best liquidate the current huge inventory of owned real estate (REO) currently...

Loan Demand Up as Mortgage Rates Fall

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey* for the week ending July 29, 2011.  Excerpts...

FHA’s Mortgage Review Board Sanctions 240 Lenders

The Federal Housing Administration's (FHA's) Mortgagee Review Board (MRB) has posted the results of formal actions taken against 240 lenders for...

Foreclosure Activity Drops in First Half of Year

Almost 85 percent of large cities showed a decrease in foreclosure activity during the first six months of 2011 according to...

Loan Demand: Refi Index Near 2011 Highs

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey* for the week ending July 22, 2011.  Last...

Foreclosuregate: Banks Seek Immunity from Civil Lawsuits

I found the timing of this news to be extra interesting. WHY? Because the Consumer Financial Protection Bureau goes...

Foreclosure Reality Distorted by Processing Delays

RealtyTrack has reported a generally downward trend in foreclosure filings since last fall, but the monthly variations tended to mask the...

Foreclosure Reality Distorted by Processing Delays

RealtyTrack has reported a generally downward trend in foreclosure filings since last fall, but the monthly variations tended to mask the...