3/15 National Mortgage News Headlines

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future. National Mortgage News Headlines Industry Could Face Scrutiny from Proposed Federal Bureau March 15, 2010 at 1:22 PM A new Consumer Financial Protection Bureau could examine any mortgage banking company, servicer or mortgage brokerage and take enforcement actions against those entities if the Senate passes a bill crafted by Banking Committee chairman Christopher Dodd, D-Conn.   Bill Requires 5% MBS Risk Retention with Some Exceptions March 15, 2010 at 1:22 PM Securitizers of mortgages and other assets would have to retain at least 5% of the credit risk with some exceptions for loans that meet certain regulatory standards, according to a bill introduced by Senate Banking Committee chairman Christopher Dodd, D-Conn.   LPS: Delinquency Rates Hit All-Time Highs, But Pace Is Slowing March 15, 2010 at 1:22 PM While delinquency rates in the U.S. have risen to historic highs, the pace of deterioration has slowed, according to the February 2010 Mortgage Monitor report by Lender Processing Services Inc. in Jacksonville, Fla.   Peter Graves, Actor/Reverse Mortgage Firm Spokesman, Dies March 15, 2010 at 1:22 PM American Advisors Group, a reverse mortgage lender based in Irvine, Calif., will remove Peter Graves' image from its national television advertising following the actor's passing.   AmTrust's $20 Billion Servicing Package Hits Market March 15, 2010 at 9:59 AM Milestone Merchant Partners is now officially offering for sale a $20 billion package of residential servicing rights on behalf of the Federal Deposit Insurance Corp.   HAMP Mods Finally Gathering Steam March 15, 2010 at 9:59 AM The pace of permanent Home Affordable Mortgage Program loan modifications is now averaging roughly 50,000 a month with the cumbersome government program finally getting its legs.   Houses Valued Higher than $750,000 Gain Sales Momentum March 15, 2010 at 9:59 AM Sales of homes priced above $750,000 are starting to pick up after being frozen at a very low level last year.   One Third of FHA's Streamlined Refis Could Be Underwater March 15, 2010 at 9:59 AM One third of the streamlined refinanced loans that the Federal Housing Administration insured in 2009 are probably underwater, according to a New York University economics professor.   It Looks As if Problem Loans Aren't Getting Any Younger March 15, 2010 at 9:59 AM The average age of newly delinquent loans is higher today than in 2007, according to a recent Lender Processing Services report.   ULI Study Shows Immigrants Settling Away from Gateway Cities March 15, 2010 at 9:59 AM Lured by less competition for jobs, more and more immigrants are putting down permanent roots outside the major gateway cities of Los Angeles, Chicago and New York, according to a new paper by the University of Southern California's Lusk Center for Real Estate.   Granite Starting New Construction Lending-Related Unit March 15, 2010 at 9:59 AM The Granite Companies, Denver, Colo., are launching a new division to administer and develop new core business opportunities in public and private commercial construction lending markets.   Downgrades Coming for Some Resecuritized MBS? March 15, 2010 at 9:59 AM Moody's Investors Service has placed 40 RMBS resecuritization tranches with a current outstanding balance of $500 million on watch for possible downgrade.   CMBS Special Servicers Put a Dent in Their Massive Workload March 15, 2010 at 9:59 AM It was a productive year for special servicers in 2009, but there's a lot more where that came from, according to a new Fitch Ratings report.   Fitch: U.S. CREL CDOs Get Delinquency Reprieve March 15, 2010 at 9:59 AM The level of U.S. commercial real estate loan delinquencies in collateralized debt obligations has decreased slightly, according to Fitch Ratings.   Late Pays on UK Nonconforming MBS Seen as Stable in Month March 15, 2010 at 9:59 AM Weighted average delinquencies in nonconforming United Kingdom mortgage-backed securities were stable in January, according to Moody's Investors Service.   This email was sent to himetri.vamortgage@blogger.com.  Create an Account Don't want to receive this feed any longer? Unsubscribe here This email was carefully delivered by Feed My Inbox. 230 Franklin Road Suite 814 Franklin, TN 37064