News

Angel Oak's new team simplifies non-QM by Ryan Smith
The company's bank-statement review team makes the non-QM loan process simpler and faster
Disaster-management firm snags former HUD deputy secretary by Candyd Mendoza
The industry veteran has overseen billions of disaster recovery funding

Midwest mortgage lender sets sights on new market by MPA
Mortgage lender makes acquisition, taking it into 15th US state so far
Morgan Stanley to pay $8.8m over SEC ‘parking’ claims by MPA
Fine for portfolio manager who used prearranged trades to favor some clients over others
Morning Briefing: Cheaper to buy than rent in majority of markets by Steve Randall
Cheaper to buy than rent in majority of markets… California realtors optimistic for 2016… Freddie says house prices to moderate, mortgage originations lower…

Home prices set new record - FHFA by MPA
Although home prices have passed the 2007 peak as the jobs market improves, a lack of stock is slowing business for originators
Sales volumes slump as new regulation drags on closings by MPA
Low inventory problems are being exacerbated by new Federal regulation
US eases 35-year-old real estate tax on foreign investors by MPA
President Barack Obama signed into law a measure easing a 35-year-old tax on foreign investment in US real estate

Should CFPB have more supervision over credit agencies?

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No
Undecided