Gadgets
August 2, 2011
| Featured StoryFHFA to Improve the GSEs As They Await Their Fate By Austin Kilgore DALLAS—While politicians continue to figure out what to do with Fannie Mae and Freddie Mac, the federal conservator of the mortgage companies is hard at work implementing new policies and practices to improve the government-sponsored enterprises for as long as they are still around, according to Patrick Lawler, chief economist and associate director of the Federal Housing Finance Agency. |
| What We’re Hearing: What is Compliance Costing You? By Paul Muolo Ask any mortgage banker about compliance and chances are he or she can quickly rattle off how much this task is costing his firm each year. |
| Meet Your Future Customer By Brad Finkelstein I was riding the New York City Subway to work one recent morning, when a father and his approximately five-year-old son sat across from me. |
| Yield on Benchmark 10-Year Falls, But Will Consumers Refi? By Paul Muolo In the wake of a political deal to solve the nation’s debt ceiling crisis, the yield on the benchmark 10-year Treasury fell to 2.7% Monday, which usually means mortgage rates are headed south as well. |
| Warehouser Funds 1,000 Loans in Quarter By Brad Finkelstein Silvergate Bank, La Jolla, Calif., said its warehouse lending program funded over 1,000 residential mortgage loans totaling $267 million in the second quarter. |
| Texas Tech FCU Inks Deal For MRG’s Mortgage Doc Solution By Credit Union Journal Staff Texas Tech Federal Credit Union in Lubbock has chosen MRG’s Miracle Online platform for its mortgage document preparation needs. |
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