TheMReport

July 2012

TheMReport — News and strategies for the evolving mortgage marketplace.

Issue link: http://digital.themreport.com/i/74422

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CONTENTS 22 Political infighting puts housing at risk as the approaching elections take precedence over economic stability. AT WHAT COST? 27 What borrowers and lenders need to know now about the evolution taking place in the mortgage insurance industry. A SURE THING? 31 adapting easily to the current marketplace, but lenders are staying one step ahead with evolving tools and strategies. Using contemporary methods as well as old tricks, the criminals behind fraudulent mortgage-related activity are THE NEW FACE OF FRAUD 35 numerous setbacks, and the success or failure of current programs may depend on the answer to one key Pre-purchase counseling initiatives have endured FOOTING THE BILL question: Who should pay the costs associated with borrowers' access to independent advice? DEPARTMENTS 8 MReport Goes 'Viral' 9 THE MREPORT.COM The Big Picture: International Headlines Go Local 15 FROM THE SOURCE Today's Homebuilder 16 DRESS CODE Joseph A. Smith Jr. on Servicer Compliance Under the Settlement TAKE 5 18 Green Homes Get Growing 19 THE PULSE A Mixed Bag for Housing 20 WHAT'S NEXT See Who's Moving On and Moving Up in the Mortgage Marketplace MCROWD THE M REPORT | 5

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