TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/106030
Conte nts C M Y CM MY CY ORIGINATION origination SERVICING servicing ANALYTICS analytics secondary market SECONDARY MARKET 42 53 63 76 Feature Sight & Insight: Lending's future depends on taking the long-view— not looking in the rearview— according to DataQuick's Frank McMahon, and he's sharing his dynamic outlook on the strategies that are generating progress in today's marketplace. Feature Back on Track: As a leader for IDS, Mark Mackey believes that maneuverability bests ability when it comes to stimulating success, and in 2013, he's focusing on building greater flexibility to ensure momentum—no matter what path the industry follows during the year ahead. Feature The Fog Lifts: A Clearer View for Housing Finance. Fairer forecasts for lending are emerging as the nation's stormy economic environment stabilizes, but when will it be safe for the industry to trade cautiously optimistic measures for a progressively positive approach? Feature Playing Jeopardy: The Perilous Politics of Housing Finance. Preventing the nation's economic collision course has been Capitol Hill's chief priority in the new year, but are lawmakers addressing the right issues—or asking all the wrong questions? 48 58 The Latest Nearly 1 in 3 Homeowners Clear of Mortgage Debt: A new study from Zillow showed declining mortgage-related debt among consumers as home values begin to bounce back. The Latest Cold Season: Housing's Winter Chill. Reporting statistics from December 2012, Redfin presented positive projections in spite of flagging findings. 38 The Latest Ability vs. Eligibility: Inside the QM Rule. Finalizing the controversial qualified mortgage rule and establishing legal protections for lenders and borrowers, the CFPB faced feedback—and pushback— from the mortgage industry. 44 6 | 55 Local Edition Envoy Mortgage Expands Loan Products: Extending its range of FHA loan options, the lender is offering borrowers more ways to cover costs associated with homeownership. Local Edition Westside Community Bank First to Fall in 2013: The FDIC announced the closure of the West Coast financial institution, revealing California's Sunwest Bank as the acquiring entity. The M Report 65 Local Edition Census, HUD Expand Access to Results: The government entities collaborate to provide enhanced access to information on housing and homeowners. 72 The Latest You Don't Know Jack: What President Obama's decision to appoint Jack Lew as secretary of the Treasury means for housing finance's future. 78 Local Edition Rate-Rigging Scandal Drained $3B from GSEs: The Federal Housing Finance Agency has revealed that Fannie and Freddie could've lost as much as $3 billion in the international Libor scandal. CMY K