HVCC

Top 3 Mortgage Themes For 2010, 7 New CA Lending Laws, Loan Mod Update,

Greetings from San Diego, where, coincidentally, there is a national mortgage banking conference. Although I didn’t see any chains of mortgage banker types forming conga lines in any hotel lobbies, the mood here has improved since the last few conferences, and most are cautiously optimistic. There is still the “Hey, congratulations, we’re still in the

Top 3 Mortgage Themes For 2010, 7 New CA Lending Laws, Loan Mod Update,

Greetings from San Diego, where, coincidentally, there is a national mortgage banking conference. Although I didn’t see any chains of mortgage banker types forming conga lines in any hotel lobbies, the mood here has improved since the last few conferences, and most are cautiously optimistic. There is still the “Hey, congratulations, we’re still in the

Big FHA Loan Changes, Loan Guideline Roundup

A story in “Inside Mortgage Finance” from August 31st stated, “The Federal Housing Administration is not considering adopting the Home Valuation Code of Conduct appraisal system now in place at Fannie Mae and Freddie Mac. Coming from a recent meeting with FHA executives, top officials of the National Association of Mortgage Brokers said they were

Obama’s Financial Market Proposals

President Obama gave a speech today outlining the pillars of his financial market regulatory policy. Below are the high points. The first one means that anyone with a consumer-facing finance job can expect more disclosures and, most likely, more confusion for the consumer, at least in the first year. Anyone who’s gone through the recent