TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/488965
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 Top 31 Banks Pass First Round of Federal Reserve 'Stress Test' 34 Transcripts Show Ben Bernake Was 'Uncomfortable' with Bank of America Bailout 35 Bank Releases New Zero Percent Down Mortgage Program 36 Study Reveals Top Reasons for FHA Loan Rejection 37 Genworth President & CEO Testifies Before Congress, Stresses Need for Balance 37 MetLife Agrees to $123.5 Million Settlement 38 American Land Title Association Warns New CFPB Forms Could Confuse Consumers 39 Survey Finds Low Satisfaction, High Hopes Among Originators 40 Mortgage Balances Rise in 2014 41 Atlanta Bank Shuts Down in 2015's Third Closing 41 CFPB Moves on Maryland Lender for Deceptive Advertising, Kickbacks 42 Ocwen to Sell $45 Billion Worth of Agency Performing Loans 43 Nearly Two Million Homeowners Offered Mortgage Solutions in 2014 44 Fed Removes 'Patient' Pledge after FOMC Meeting 44 FHFA Director Mel Watt Says HARP Can't Last Forever 45 20 Percent of Optimal Households Failing to Refinance 46 Firms Announce Class Actions Against Ocwen Spin-Off 48 Fannie Mae Releases February 2015 National Housing Survey 49 Housing More Affordable Now Than Pre-bubble Years 49 Cash Sales Decline for 24th Consecutive Month 50 Survey Shows Millennials Not Entering Housing Market 51 Survey: Rising Rents to Continue Challenging Homeownership 52 Labor Force for Residential Construction is 3.5 Million Strong 53 Around the U.S. 54 Study: Household Formations Now at Pre- Recession Levels 54 Beige Book Reports Mixed Residential Real Estate Conditions 56 HUD Secretary Julian Castro Says America Is in an "Affordable Housing Crisis" 56 HUD Secretary Testifies Before House Committee About Department's Budget Increase 57 Government Housing Finance Policy Specialist Discusses FHFA's Conservatorship of GSEs 58 DOJ May Charge Individuals for Roles in Mortgage Meltdown 58 Freddie Mac Ekes Out Profit Despite Derivative Losses 59 Michael Stegman Stresses Need for Housing Reform In Speech 59 Strengthening Employment, Rising Incomes Fuel Fannie Mae's Positive Economic Forecast 60 Ocwen to Sell $9.8 Billion MSR Portfolio to Nationstar 60 Profits Shrink at Fannie Mae 61 Court Approves $8.5 billion Bank of America Settlement 61 Citi, Goldman, UBS to Pay $235M in RMBS Settlement