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Here s a balanced approach to non-bank mortgage servicing

Here s a balanced approach to non-bank mortgage servicing
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United statesGinnie maeTed tozerFreddie macDeposit insurance corporationFinancial stability oversight councilCommunity home lenders of americaHousing finance agencyLehman brothersFannie maeCommunity home lendersFederal housing finance agency

HUD to double servicer fee on assumable mortgages

Todman said HUD will soon double the fee servicers can charge for processing, underwriting, and closing a transaction that includes a loan assumption.

New yorkUnited statesSam valverdeAdrianne todmanGinnie maeScott olsonMortgage bankers associationUs department of housingCommunity home lenders of americaUrban developmentCapital markets conferenceCommunity home lenders

FHA greenlights higher fee for assumptions

The Federal Housing Administration also instituted a new language preference requirement that servicers must observe in transfers.

United statesScott olsonCommunity home lenders of americaHousing administration onAmerican communityDepartment of housingFannie maeFederal housing administrationUrban developmentCommunity home lendersFreddie macSupplemental consumer informationAmerican community survey

VA to issue temporary measures addressing Realtor commissions

The department will release a circular to remove restrictive language potentially hindering veterans' home buying power until a new policy is formally introduced, it announced Tuesday.

New yorkUnited statesKeller williamsSitzer burnettMichelle corridonMortgage bankers associationUs department of veterans affairsNational association of realtorsCommunity home lenders of americaVeterans affairsNational associationCapital markets conferenceNew york cityCommunity home lenders

FHA greenlights higher fee for assumptions

The Federal Housing Administration also instituted a new language preference requirement that servicers must observe in transfers.

United statesScott olsonCommunity home lenders of americaFannie maeHousing administration onAmerican communityDepartment of housingFederal housing administrationUrban developmentCommunity home lendersFreddie macSupplemental consumer informationAmerican community survey