Treasury Proposes Ways to Streamline Mortgage Industry Regulation

Treasury Proposes Ways to Streamline Mortgage Industry Regulation

Written By: Joel Palmer, Op-Ed Writer

The U.S. Treasury Department has made more than 80 recommendations designed to create a streamlined regulatory environment for mortgage underwriters and processors to use technology more in the mortgage process.


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

Fannie Mae Introduces EPMI Pilot Program

Fannie Mae Introduces EPMI Pilot Program

Written By: Joel Palmer, Op-Ed Writer

Fannie Mae has announced a pilot program that will provide mortgage processors and underwriters the ability to offer borrowers an Enterprise-Paid Mortgage Insurance (EPMI) option.


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

How will GSEs Recapitalize if they are Privatized?

How will GSEs Recapitalize if they are Privatized?

Written By: Joel Palmer, Op-Ed Writer

With the Trump administration’s published proposal to reform and reorganize parts of the federal government nearly a month in existence, stakeholders are now debating the nuts and bolts of making the broad ideas become reality.


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

White House Includes GSE Reform in Government Restructuring Plan

White House Includes GSE Reform in Government Restructuring Plan

Written By: Joel Palmer, Op-Ed Writer

Ten years after Fannie Mae and Freddie Mac entered in to federal government conservatorship, the Trump Administration has submitted a proposal to return the GSEs to the private sector, encourage competition for the GSEs, and provide a government guarantee for mortgage-backed securities (MBS).


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

Will Section 103 of S. 2155 Help or Hurt Rural Homebuyers?

Will Section 103 of S. 2155 Help or Hurt Rural Homebuyers?

Written By: Joel Palmer, Op-Ed Writer

Section 103 of the recently signed Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155), is less than 650 words. At most, the provision will only impact about 15 percent of all mortgage originations. Section 103 hasn’t received the amount of praise and criticism as other parts of the law. Yet it’s been held up by several detractors as just one example of how the law may hurt homebuyers and potentially cause a repeat of the housing collapse that contributed to the 2008 financial crisis.


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

President Signs Dodd-Frank Reform into Law

President Signs Dodd-Frank Reform into Law

Written By: Joel Palmer, Op-Ed Writer

The U.S. House decided to compromise on its plan to reform the Dodd-Frank Act, voting last week to approve the Senate’s less controversial version. President Trump subsequently signed S. 2155, the Economic Growth, Economic Growth, Regulatory Relief, and Consumer Protection Act, into law.


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

Potential Fannie Move Toward Hybrid Appraisals Continues Debate About Alternative Valuation Methods

Potential Fannie Move Toward Hybrid Appraisals Continues Debate About Alternative Valuation Methods

Written By: Joel Palmer, Op-Ed Writer

The ongoing debate about the use of alternative valuation products (AVPs) gathered steam last week with a report that Fannie Mae will be testing hybrid appraisals. The report, which Fannie Mae officials have not commented on, claimed the GSE will be asking appraisers during this pilot to use a combination of local market data and a home inspection report to determine a property’s value during mortgage underwriting and processing.


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

FHFA Receives Industry Feedback on Credit Score RFI

FHFA Receives Industry Feedback on Credit Score RFI

Written By: Joel Palmer, Op-Ed Writer

Opinions vary as to whether Fannie Mae and Freddie Mac should require specific credit scoring models on mortgage applications or whether lenders should have more freedom on which scoring models they want to use.


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

Are mortgages getting easier or harder to obtain?

Are mortgages getting easier or harder to obtain?

Written By: Joel Palmer, Op-Ed Writer

Mortgage processors and underwriters, as well as the rest of the mortgage lending industry, seem to be caught in a Catch-22 regarding how easy or difficult it is to get a home loan.


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

Moody’s says HARP refinances will outperform loans that didn’t enter HARP

Moody’s says HARP refinances will outperform loans that didn’t enter HARP

Written By: Joel Palmer, Op-Ed Writer

The Home Affordable Refinance Program (HARP) has been a success for both homeowners and for Freddie Mac, according to a recent report by Moody’s Investors Service.


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.