Will GSE reform finally get done in 2018?

Will GSE reform finally get done in 2018?

Written By: Joel Palmer, Op-Ed Writer

Things are heating up in the world of GSE reform. From Congress, to the Federal Housing Finance Agency, to groups representing lenders and consumers, measures are being pushed and debated in hopes of ending federal government control of Fannie Mae and Freddie Mac. 


Opinion-Editorial (Op-Ed) Disclaimer For NAMP® Library Articles: The views and opinions expressed in the NAMP® Library articles are those of the authors and do not necessarily reflect any official NAMP® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMP®. Nothing contained in this article should be considered legal advice.

HUD announces review of manufactured housing rules

HUD announces review of manufactured housing rules

Written By: Joel Palmer, Op-Ed Writer

Multiple efforts are underway that could make it easier to purchase and finance manufactured housing. Last week, the U.S. Department of Housing and Urban Development (HUD) announced a “top-to-bottom review” of rules governing manufactured housing.


Opinion-Editorial (Op-Ed) Disclaimer For NAMP® Library Articles: The views and opinions expressed in the NAMP® Library articles are those of the authors and do not necessarily reflect any official NAMP® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMP®. Nothing contained in this article should be considered legal advice.

FHFA requests input on credit score usage

FHFA requests input on credit score usage

Written By: Joel Palmer, Op-Ed Writer

Mortgage processors, mortgage underwriters and other industry stakeholders have another month to submit input to the Federal Housing Finance Agency (FHFA) regarding potential changes to Fannie Mae and Freddie Mac’s credit score requirements.


Opinion-Editorial (Op-Ed) Disclaimer For NAMP® Library Articles: The views and opinions expressed in the NAMP® Library articles are those of the authors and do not necessarily reflect any official NAMP® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMP®. Nothing contained in this article should be considered legal advice.

5 developments for mortgage professionals to look for in 2018

5 developments for mortgage professionals to look for in 2018

Written By: Joel Palmer, Op-Ed Writer

With a new presidential administration, a number of regulatory developments, and a strong housing market, 2017 was an eventful year for the mortgage industry. A number of these developments will carry over into the new year. Here are five things that could impact mortgage processors, mortgage underwriters and the rest of the industry in 2018. 


Opinion-Editorial (Op-Ed) Disclaimer For NAMP® Library Articles: The views and opinions expressed in the NAMP® Library articles are those of the authors and do not necessarily reflect any official NAMP® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMP®. Nothing contained in this article should be considered legal advice.

FHFA releases latest report on NPL sales

FHFA releases latest report on NPL sales

Written By: Joel Palmer, Op-Ed Writer

The Federal Housing Finance Agency (FHFA) recently reported that nearly half of the almost 70,000 non-performing loans (NPLs) sold through last year had been resolved. 


Opinion-Editorial (Op-Ed) Disclaimer For NAMP® Library Articles: The views and opinions expressed in the NAMP® Library articles are those of the authors and do not necessarily reflect any official NAMP® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMP®. Nothing contained in this article should be considered legal advice.

‘Best year in a decade’ will give way to mortgage slowdown

‘Best year in a decade’ will give way to mortgage slowdown

Written By: Joel Palmer, Op-Ed Writer

Enjoy it while it lasts.It’s been a better-than-expected year for mortgage processors and underwriters. While there isn’t concern about a repeat of 2007-2008, the mortgage and housing industries are preparing for an eventual slowdown in activity.


Opinion-Editorial (Op-Ed) Disclaimer For NAMP® Library Articles: The views and opinions expressed in the NAMP® Library articles are those of the authors and do not necessarily reflect any official NAMP® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMP®. Nothing contained in this article should be considered legal advice.

HUD working to address use of FCA to penalize FHA lenders

HUD working to address use of FCA to penalize FHA lenders

Written By: Joel Palmer, Op-Ed Writer

When Donald Trump was elected president of the United States a year ago, the mortgage industry was hopeful his administration would alleviate the regulatory burden that intensified under the Obama Administration.


Opinion-Editorial (Op-Ed) Disclaimer For NAMP® Library Articles: The views and opinions expressed in the NAMP® Library articles are those of the authors and do not necessarily reflect any official NAMP® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMP®. Nothing contained in this article should be considered legal advice.

Rates, inventory, labor, and hurricanes impacting mortgage market

Rates, inventory, labor, and hurricanes impacting mortgage market

Written By: Joel Palmer, Op-Ed Writer

The mortgage market was already expected to decline in 2017 because of rising mortgage rates. Then homeowners collectively decided not to put their properties up for sale, tightening inventory.


Opinion-Editorial (Op-Ed) Disclaimer For NAMP® Library Articles: The views and opinions expressed in the NAMP® Library articles are those of the authors and do not necessarily reflect any official NAMP® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMP®. Nothing contained in this article should be considered legal advice.

Mortgage fraud risk on the rise

Mortgage fraud risk on the rise

Written By: Joel Palmer, Op-Ed Writer

Mortgage underwriters and processors should be extra vigilant during the lending process due to the increased potential of mortgage fraud. 


Opinion-Editorial (Op-Ed) Disclaimer For NAMP® Library Articles: The views and opinions expressed in the NAMP® Library articles are those of the authors and do not necessarily reflect any official NAMP® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMP®. Nothing contained in this article should be considered legal advice.

Real estate market to remain “favorable” in 2018, according to Freddie Mac

Real estate market to remain “favorable” in 2018, according to Freddie Mac

Written By: Joel Palmer, Op-Ed Writer

Mortgage processors and underwriters can expect 2018 to bring a slight increase in purchase loan volume, a considerable reduction in refinance activity, and an influx of home equity loan applications.


Opinion-Editorial (Op-Ed) Disclaimer For NAMP® Library Articles: The views and opinions expressed in the NAMP® Library articles are those of the authors and do not necessarily reflect any official NAMP® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMP®. Nothing contained in this article should be considered legal advice.