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HUD hosts national symposium on regulatory reform: Recognizes local communities for cutting red tape

National Mortgage Professional
Oct 16, 2008

NAMB Virginia affiliate works to protect broker livelihood: VAMB builds relationships that carry to the frontlines of the state legislature Steve BaugherNAMB, VAMB, Capitol Hill, grassroots, lobby,Commerce and Labor Committee, Virginia Housing Study Commission General Assembly of Virginia, Senate
Oct 16, 2008
Fitch Places Fannie, Freddie On Negative Ratings Watch

Ties credit rating to outcome of U.S. debt limit negotiations.

FHFA Director Strongly Defends New GSE Pricing Framework 

Tells House committee it’s “simply not true” that financially stronger borrowers are subsidizing others.

MBA CEO Criticizes Government Response To Economic Challenges

CEO Bob Broeksmit calls for sensible Regulation, clarity, and support for the mortgage industry.

Freddie Mac Updates Income Assessment Tool To Use Digital Pay Stubs

Says new capability helps lenders calculate borrower income more quickly and precisely.

MISMO Seeks Comment On Updated Closing Instructions Format

The new set of enhanced work products designed to create a common format for closing instructions. 

Fannie Mae Executes 5th Credit Insurance Risk Transfer Of 2023

Covered loan pool includes about 53,000 single-family mortgage loans with a UPB of approximately $18.1 billion.