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


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Updated: 5 min 13 sec ago

Freddie Mac CEO: We will help increase mortgage lending

Mon, 10/20/2014 - 15:00
The CEO from the government-sponsored enterprise, Freddie Mac, said that his firm is increasingly becoming more competitive in the mortgage market and will look to see how its "credit box could be more fully utilized.”

Find out which four housing markets CoreLogic says are overvalued

Mon, 10/20/2014 - 14:49
Market Condition Indicators designed by CoreLogic identified only four of the top 50 markets in the U.S. as currently overvalued, based on data through August 2014.

FHFA director announces changes to open Fannie, Freddie credit boxes

Mon, 10/20/2014 - 13:16
In a speech at the Mortgage Bankers Association Convention & Expo on Monday, Federal Housing Finance Agency Director Mel Watt announced a number of policy steps aimed at increasing mortgage credit availability.

Fannie Mae to make proprietary appraisal tool available to lenders

Mon, 10/20/2014 - 12:32
Beginning in early 2015, Fannie will make Collateral Underwriter available to lenders as part of its industry tools package, which also includes Desktop Underwriter and Early Check.

MBA leaders challenge federal regulators to take action

Mon, 10/20/2014 - 12:28
"Today's lenders are paying many times over for mistakes that may have been out of their control," Bill Cosgrove, MBA chairman, said Monday at the MBA Convention in Las Vegas. "And it's the consumer who pays the ultimate price. It's time for the penalty phase to end."

MBA names new leadership

Mon, 10/20/2014 - 11:24
The days at the Mortgage Bankers Association’s annual convention and expo in Las Vegas feature quite the packed schedule. But between all the sessions and speakers, the MBA has also elected several new members of its executive leadership.

Alleged Arkansas Realtor murderer now says Carter’s death was an accident

Mon, 10/20/2014 - 11:01
The man accused of the kidnapping and murder of an Arkansas Realtor now says that he is innocent and that her death was an accident, alleging that the late Beverly Carter was with him willingly at the time of her death.

CoesterVMS integrates with Mercury Vendor Management Portal

Mon, 10/20/2014 - 10:44
CoesterVMS, an appraisal management and technology provider, has integrated its Cloud Control appraisal management service into a la mode’s Mercury Vendor Management Portal, simplifying the appraisal process for users.

Churchill Mortgage's purchase volume surges 49%

Mon, 10/20/2014 - 10:12
Churchill Mortgage experienced an increase in homebuyer demand, recording a 49% year-over-year growth in its purchase volume from April to September.

Nope, tiny houses are not the next big thing

Mon, 10/20/2014 - 10:00
"There's a new, huge craze sweeping the United States... and it's tiny houses." No. No there's not. Just stop it.

Monday Morning Cup of Coffee: Mortgage lending set to loosen?

Sun, 10/19/2014 - 23:01
With the big Mortgage Bankers Association conference in Vegas, a big announcement from FHFA on the way, and housing metrics galore, it's like Christmas comes early. Follow HousingWire this week for real-time reports from the MBA Convention and Expo.