Posts Tagged “Mortgage Industry News”

News Sources wrote an interesting post today on
Here’s a quick excerpt
In the days ahead, will the private Mortgage-Backed Securities (MBS) market cease to exist? Will loan modifications wind up destroying the long-standing playing field between lenders and second lien holders? Will the Fed ever be able to exit the mortgage market? These questions have all come to mind because of unintended consequences brought on by the Making Home Affordable Modifications program. The program that was structured to assist failing homeowners has managed to create a host of unc

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News Sources wrote an interesting post today on
Here’s a quick excerpt
DENVER, Colo. — Titan Lenders Corp (TLC) has added William Null as director of business development for community banking focused on a variety of back office mortgage fulfillment services specifically directed to service the needs of community banks and credit unions. Null, a 28 year mortgage and banking veteran, has held executive roles in mortgage lending operations including senior VP with BankUnited FSB, COO and Chief Lending Officer for MO-based American Sterling Bank, and senior VP of Barn

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News Sources wrote an interesting post today on
Here’s a quick excerpt
DENVER, Colo. — Titan Lenders Corp (TLC) has added William Null as director of business development for community banking focused on a variety of back office mortgage fulfillment services specifically directed to service the needs of community banks and credit unions. Null, a 28 year mortgage and banking veteran, has held executive roles in mortgage lending operations including senior VP with BankUnited FSB, COO and Chief Lending Officer for MO-based American Sterling Bank, and senior VP of Barn

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News Sources wrote an interesting post today on
Here’s a quick excerpt
What if the mortgage industry screwed up its legal right to foreclose on (give or take) 60 million homes? That’s the potential consequence of Landmark National Bank v. Kesler (Kan. 2009). The Kansas Supreme Court can’t issue binding precedent for the rest of the country, but the reasoning here is not to be easily ignored. I don’t fully understand the ins and outs of this process, so look elsewhere for an authoritative discussion, but generally the issue is that a number of lenders set up an

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News Sources wrote an interesting post today on
Here’s a quick excerpt
Most loan originators are grateful for the “government option” in the mortgage markets because of the liquidity crunch. I submit that the reason for the mortgage liquidity crunch was TOO much government involvement in housing and its increased involvement has ruined mortgage banking. That’s going to be a hard concept to grasp because all of us have relied on the government, at one time or another, to insure the mortgage loans we make. Lend me your mind for a few minutes and consider what migh

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