Tag Archives: Mortgage Finance

Supply-and-demand dynamics have given homebuyers more leverage to start the year, providing them with an advantage at the negotiation table.

A special Executive Session of the Senate Banking Committee voted on advancing Sandra Thompson as Director of the FHFA, among other key nominations.

The main updates for 17.4 Ellie Mae’s all-in-one mortgage management software can be found inside.

Texas Capital Bank announced that Gary Ort, who has played an integral role in the bank for the past decade and currently serves as President of the Mortgage Finance Division, will retire in June. Jack Nunnery, currently serving as Director of Correspondent Lending, will take over as President of the Mortgage Finance Division.

Equifax announced more good news for the housing market on Wednesday, signaling that the broader United States economy may be on the rebound despite a disappointing first quarter 2014. In its latest National Consumer Credit Trends Report, the company reports that home finance write-offs year-to-date in May had to $43.5 billion, a decrease of more than 37 percent from the same point in time just one year ago.

Almost everyone agrees that something needs to be done with the GSEs, and almost everyone recognizes that the “something” will be a complex undertaking, but we must be up to this task, we must be thoughtful about reform, avoid unintended consequences, and strike a middle ground between growing a private mortgage market and providing a government backstop.