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2nd, HELOC, Automation, Homeowner Portal Products; Conforming Conventional News; STRATMOR Ops Workshop

Yesterday’s Commentary had a note about Atlantic Bay’s “LinkedIn traffic picking up.” I have been assured by Atlantic Bay’s CEO that the company continues to enjoy its 27 years in business and will remain independent! I apologize for any confusion yesterday’s note caused, and the Commentary continues. The conference in New Orleans also continues, with talk of repurchases, credit & verification costs skyrocketing (you’ll see it on your ...
United States Peter Sandler Freddie Mac Loancare Eric Seabrook National Production John Wise Home Loan Bank

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Revising federal assistance rules could expand homeownership

A new push by the mortgage industry to lower income levels for government-assisted down payment programs could have dividends in cities like Detroit. The Mortgage Bankers Association, a trade group for the real estate finance industry based in Washington, D.C., wants to see the federal government โ€ฆ
United States Fannie Mae Homeready Sandra Thompson Robert Broeksmit Mortgage Bankers Association Housing Finance Agency

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