Brian Collins

GSE Regulator Working to Streamline Short Sale Process
May 16, 2012 Protracted negotiations generally revolve around the sales price and the formula used to determine if the borrower has the...

Some Fed Officials Optimistic on Housing, But Not Bernanke
May 16, 2012 Most Federal Reserve officials foresee a continued slow recovery in the housing market and some are optimistic the improvement...

Surprise: Single-Family Starts Beat Expectations
May 16, 2012 The Census Bureau reported that single-family starts rose to a 492,000 seasonally adjusted annual rate in April from a 481,000...

FHA Cranking Up Nonperforming Loan Sales
May 15, 2012 The Federal Housing Administration—which holds title to 700,000 seriously delinquent mortgages—plans to ramp up its...

Fed Governor Duke: Don’t Expect Mortgage Bankers to Loosen Credit
May 15, 2012 A Federal Reserve governor told a Realtors meeting that lenders are nearly as capacity constrained today as they were during...

GNMA MBS Issuance Spikes in April, Jumbos, Too
May 11, 2012 Issuers securitized $28.9 billion of single-family mortgages in Ginnie Mae II pools (excluding reverse mortgages), compared to...

HARP Humming, But Is There Room to Grow?
May 11, 2012 The Home Affordable Refinancing Program is designed to reach borrowers that have little or no equity in their homes.

CFPB Proposal Seeks to Simplify Points and Fees for Borrowers
May 10, 2012 The Consumer Financial Protection Bureau is considering the use of its special regulatory powers to blunt certain provisions...

Lenders Seek QM Rule for Private Reverse Mortgages
May 10, 2012 The National Reverse Mortgage Lenders Association has asked a federal regulator to craft a ‘qualified mortgage’ rule...

Senator Seeks Shortcut to Pass Flood Insurance Extension Bill
May 9, 2012 The Federal Emergency Management Agency’s authority to issue new flood insurance policies expires May 31 and many...