Collier Lender

FHA to the Mega-Lenders: Loosen Your Quals for Minorities

mortgagebroker — Mon, 08 Mar 2010 19:16:03 +0000

The Federal Housing Administration commissioner wants the nation’s largest originators to loosen their underwriting standards, allowing more minorities to qualify for government-backed single-family loans.

FHA Extends Deadline for Broker Audit Submissions

mortgagebroker — Mon, 08 Mar 2010 19:16:03 +0000

The Federal Housing Administration is extending the March 31 deadline for mortgage brokers to submit their audited financial statements by 30 days.

Industry Wants Exemption from SAFE Act

mortgagebroker — Mon, 08 Mar 2010 19:16:03 +0000

Mortgage servicing employees who help troubled borrowers with loan modifications should be exempt from the licensing and registration requirements of the SAFE Act, according to a comment letter by three industry groups.

FHA Extends Deadline for Broker Audit Submissions

mortgagebroker — Fri, 05 Mar 2010 22:33:49 +0000

The Federal Housing Administration is extending the March 31 deadline for mortgage brokers to submit their audited financial statements by 30 days.

Mortgage Industry Workforce Continues to Shrink

mortgagebroker — Fri, 05 Mar 2010 22:33:49 +0000

The mortgage industry shed 3,500 full-time workers in January, after shedding 1,900 jobs the previous month, according to new government figures.