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New Program Looks to Ease Customers’ Minds

Guild Mortgage, an independent mortgage lender located in California, announced Homebuyer Protection, a program designed to give customers added protection and peace of mind during the mortgage process. Homebuyer Protection combines three of Guild’s loan programs and services, allowing homebuyers ...

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First API for Cash Flow, Premiums Announced

RoundPoint Mortgage Servicing Corporation and Compass Analytics announced on Wednesday the industry’s first API to provide cash flow based, loan-level servicing release premiums (SRP) co-issue bids. In another initiative to improve the accuracy of MSR pricing and duration along with ...

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Change in Leadership Announced for FHFA

The Federal Housing Finance Agency (FHFA) announced on Friday that Sheila M. Greenwood was named Director of External Relations, effective April 29, 2019. Greenwood will oversee the Office of Congressional Affairs and Communications, including stakeholder outreach. Greenwood brings many years ...

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Fannie Mae Honors Mortgage Company for Second Consecutive Year

Freedom Mortgage Corporation, a full-service, non-bank mortgage companies that specializes in VA and government-insured lending, has received Fannie Mae’s Servicer Total Achievement and Rewards (STAR) Award for the second straight year in General Servicing and for the first year in ...

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Q1 Trends in Regulatory Actions

The latest Banking Compliance Index (BCI) quarterly report was released on Tuesday by Continuity, and it showed that Q1 2019 was the third consecutive quarter where more than 50% of enforcement actions were taken against bank officers and directors, rather ...

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