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Mortgage Industry Podcasts
Free weekly summaries of mortgage industry news.
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Mortgage Industry Podcast Week Ended March 21
Produced for the
March 22, 2014
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This podcast was produced as a segment for the Lykken on Lending radio show hosted by David Lykken.
Among the more than 30 mortgage industry news stories published by Mortgage Daily last week was an article about how FHFA reached an $885 million settlement with Credit Suisse.
In other news, a Senate draft released of housing finance reform legislation that will dissolve Fannie Mae and Freddie Mac was released.
Moving on to loan production, FHFA released a report on monthly refinance volume at Fannie and Freddie.
But even as monthly refinances slid, Freddie raised its first quarter industry forecast from its projection last month.
In Fannie's March outlook, this year's full-year forecast for industry originations was lowered.
Following a three-month lull, a jumbo MBS transaction is being issued.
FHA news included an interesting story about how average FICO scores on FHA loans in February was the lowest of any month since at least August 2011.
In the mortgage servicing sector, a report was released from the monitor of the national servicer settlement reach in 2012.
Date Podcast Produced: March 22, 2014
Podcast Length: 2:08
Cost: Free
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