TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/343616
Th e M Rep o RT | 33 s e r v i c i n g a na ly t i c s s e c o n da r y m a r k e t Department ORIGINATION o r i g i nat i o n departments SERVICING ORIGINATION ANALYTICS SECONDARY MARKET what's inside? 34 Credit Unions Report Drop in Loan Volume 34 CitiMortgage CEO Hints at Plans to Expand 35 Insurance Costs Catch Home Shoppers Unaware 35 Mortgage Apps Reverse Downward Trend in May 36 Purchase Market Grows in April 36 Bank Earnings Down 7.6% on Lower Mortgage Numbers 36 Household Debt Rises in First Quarter 37 Mortgage Credit Availability Increases 37 Loan Risk Surges in Final April Index 38 FHA Unveils Blueprint to Loosen Credit Access, Lower Risk 38 Slow and Steady Wins the Recovery 39 Deeper Pool of Borrowers Foretells More Housing Activity 42 Obama Taps San Antonio Mayor for HUD Secretary 43 Mortgage Banking Profits Dive in 2013 43 Originator Rankings Little Changed in Q1 44 Cordray Talks Student Debt, Housing 45 CFPB Tops List of Lender Concerns 45 Settlement Monitor: Most Banks Hitting Compliance Marks 46 SunTrust Reaches Settlement with Justice Department, HUD, CFPB 46 Green Tree Put on Rating Watch Negative Following OSMO Report 47 New York Regulator to Expand Probe into Non- Bank Practices 47 Bank of America and the Feds Negotiating $12 Billion Settlement 48 CoreLogic Report Notes Reduction in Negative- Equity Homes 49 The Census Bureau Asks 'Why Are You Moving?' 50 Unemployment Remains the Same 51 Half of Millennial Buyers Plan to Seek Help from Parents 52 Beige Book Records Continued Growth in All Districts 53 Economists Forecast Moderating Home Price Gains 53 One in Five Says a Home is 'Not Worth Risk' 54 Majority of Americans Believe Housing Crisis Isn't Over 55 Around the U.S. 56 Loan Closing Share, Credit Profiles Tick Up in May 56 Single-Family Starts Decline in May; Permits Pick Up 57 Weak Year Continues for California 58 Fannie Mae's Book of Business Declines at 2.7 Percent 58 Small Gains in Business, Shrinking Portfolio For Freddie 59 Privatization Bill for Fannie and Freddie Passes the House 60 FHFA Plans the Future Strategies of Fannie, Freddie 61 HARP Refinances Continue Declining 62 IMA Sold MSR Portfolio 62 Fed Stays on Track with Bond Purchases 62 FHFA Report Highlights Progress, Concerns at GSEs 63 Mortgage Rates Hover Following Fed Announcement