Entries from October 2011

HARP Expansion – 6 posts

October 24th, 2011 · No Comments

email signup Receive MNC in RSS news reader ———— (press release and fact sheet) FHFA, Fannie Mae and Freddie Mac Announce HARP Changes to Reach More Borrowers – FHFA Press Release ———— FHFA’s DeMarco: Expect’Substantial Relief’From Reps&Warr Chgs – … However, he fell short [...]

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Tags: Mortgage Market

Expanded HARP is a Big Rescue for the Private Mortgage Insurers (PMI’s) – Nom de Plumber’s Thought of the Day

October 24th, 2011 · No Comments

   Nom de Plumber is a Nom de Plume ———— Despite accelerated prepayments, they can continue to collect premium income, by just .agreeing to cover the new mortgages.   There is no other place for them to write policies.    Moreover, the future loss payouts are irrelevant, [...]

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Tags: Mortgage Market

Mortgages and Housing: Negative Equity, Natural Gas, BofA, Clayton, Equifax, Homeowners After FC, Fraudclosure, freaked Out, Beltway Earnings, USA Visas, US Bank CEO, Mass Refi, Wells Wants Bigger, REO Update

October 24th, 2011 · No Comments

email signup             Receive MNC in RSS news reader ———— (thoughtful – on negative equity) The Sweep-It-Under-the-Rug Housing Plan – posted by Adam Levitin – Credit Slips ———— Rush to Drill for Natural Gas Creates Conflicts With Mortgages – By IAN URBINA – … But [...]

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Tags: Mortgage Market

Mortgages and Housing: Dot Visualization tool, FN Audit Crisis, GSEs and Attorneys, mREITS and Shellpoint, BofA, Mortgage Interest Deduction, Big Bank Originations, BofA Moves Derivatives, Renters Rise, Repurchase Demands, Invalid Foreclosures, Wells, GNMA Issuance, Homebuilder Blues

October 23rd, 2011 · No Comments

email signup             Receive MNC in RSS news reader ———— (very cool visualization tool – must see) Real Estate Dots – Ben Gimpert – (type in your town) – Altos Research  ———— The Industry’s Origination ‘Audit’ Crisis – Paul Muolo – (on BofA LO’s, FNMA ‘audits’, [...]

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Tags: Mortgage Market