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The latest news on issues impacting the mortgage market is provided below:


HousingWire

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Updated: 14 min 15 sec ago

The Mortgage Collaborative announces partnership with Fannie Mae

Mon, 05/18/2015 - 07:00
The Mortgage Collaborative, an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, announced a partnership with Fannie Mae that will bring enhanced benefits to the group’s members.

Veros now offers first direct connection to FHA appraisal portal

Mon, 05/18/2015 - 07:00
Veros Real Estate Solutions, which already serves as the vendor for the Federal Housing Administration’s electronic portal for appraisal reports and data submissions, announced Monday that it is implementing a direct connection to the portal, which will allow for electronic appraisal submissions through Veros’ proprietary product, Pathway.

Hubzu offers financing contingency options for buyers

Mon, 05/18/2015 - 06:00
Hubzu has created more financing options for consumers bidding for homes online. Could this change the world of online real estate?

Monday Morning Cup of Coffee: Setting the stage for higher interest rates

Sun, 05/17/2015 - 23:01
Lots of changes in markets foreign and domestic are aligning that could press the Fed into admitting weak US data, with a resulting impact on interest rates. Plus, Ginnie Mae has a glitch, and much more. Read on.

Nationwide Biweekly claims CFPB suit contains multiple errors

Fri, 05/15/2015 - 17:28
Nationwide Biweekly Administration, which stands accused by the Consumer Financial Protection Bureau of misrepresenting the savings that customers will achieve by using the company’s biweekly mortgage payment program, has responded to the CFPB’s charges, saying the regulator's lawsuit is full of errors.