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Fannie Mae Trims Mortgage Originations Forecasts Fannie Mae announced it expects further slowing in housing as the economy heads for a modest recession in 2023, and it has cut its projections for the mortgage industry accordingly.
Reggora Integrates Appraisal Order Platform Into Custom Systems Appraisal management software company Reggora has announced that its order management software embeds fully into mortgage lenders’ custom loan origination systems.
Sham Mortgage Relief Biz Cost Borrowers Millions: Feds The Federal Trade Commission and the California Department of Financial Protection and Innovation have announced legal action against various companies and their owners who, the regulators claim, ran a sham mortgage relief operation that bilked borrowers out of millions.

Fannie Mae Trims Mortgage Originations Forecasts Fannie Mae announced it expects further slowing in housing as the economy heads for a modest recession in 2023, and it has cut its projections for the mortgage industry accordingly.
Reggora Integrates Appraisal Order Platform Into Custom Systems Appraisal management software company Reggora has announced that its order management software embeds fully into mortgage lenders’ custom loan origination systems.
Sham Mortgage Relief Biz Cost Borrowers Millions: Feds The Federal Trade Commission and the California Department of Financial Protection and Innovation have announced legal action against various companies and their owners who, the regulators claim, ran a sham mortgage relief operation that bilked borrowers out of millions.
Are Your LOs Properly Qualifying Prospects? When I’m conducting sales reviews, less experienced originators will often lament they really connected with a prospect but their pitch didn’t lead to a sale. “What went wrong?” they ask.
Ask The Expert: How Do I Catch the 'Big Fish' Producer? Brad from Chicago asked: "I enjoyed your remarks about a diversified target list with regard to new agents and top producing agents. I have in my sites an agent which is in the top ten in my area. I know this is a tall order and I have had no success thus far, but I am determined to break the ice. I have plenty of small-to-medium producing agents, but this…

Mortgage Delinquencies Near Record Low, Foreclosure Starts Jump Black Knight says new data indicates that mortgage delinquencies hit a near record low in August, while foreclosure starts rose by 15% from July. However, they’re still more than 40% below pre-pandemic levels.
Fed Says It Won’t Sell Mortgage-Backed Securities Just Yet Federal Reserve chairman Jerome Powell said that selling the central bank’s $2.7 trillion in mortgage bond holdings is “not something we are considering right now.” So reports Bloomberg.

Fannie Mae Trims Mortgage Originations Forecasts Fannie Mae announced it expects further slowing in housing as the economy heads for a modest recession in 2023, and it has cut its projections for the mortgage industry accordingly.
Reggora Integrates Appraisal Order Platform Into Custom Systems Appraisal management software company Reggora has announced that its order management software embeds fully into mortgage lenders’ custom loan origination systems.

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Mortgage Delinquencies Near Record Low, Foreclosure Starts Jump Black Knight says new data indicates that mortgage delinquencies hit a near record low in August, while foreclosure starts rose by 15% from July. However, they’re still more than 40% below pre-pandemic levels.
Fed Says It Won’t Sell Mortgage-Backed Securities Just Yet Federal Reserve chairman Jerome Powell said that selling the central bank’s $2.7 trillion in mortgage bond holdings is “not something we are considering right now.” So reports Bloomberg.
CFPB Eyes Making COVID-era Mortgage Protections Permanent The Consumer Financial Protection Bureau has asked for public input as it considers whether to potentially bring back pandemic-era automatic refinancing and forbearance measures for the long haul. So reports Bloomberg.

Mortgage Delinquencies Near Record Low, Foreclosure Starts Jump Black Knight says new data indicates that mortgage delinquencies hit a near record low in August, while foreclosure starts rose by 15% from July. However, they’re still more than 40% below pre-pandemic levels.
Fed Says It Won’t Sell Mortgage-Backed Securities Just Yet Federal Reserve chairman Jerome Powell said that selling the central bank’s $2.7 trillion in mortgage bond holdings is “not something we are considering right now.” So reports Bloomberg.
CFPB Eyes Making COVID-era Mortgage Protections Permanent The Consumer Financial Protection Bureau has asked for public input as it considers whether to potentially bring back pandemic-era automatic refinancing and forbearance measures for the long haul. So reports Bloomberg.
Mortgage Rates Rise for Fifth Straight Week to Highest Since 2008 U.S. long-term mortgage rates have increased for five consecutive weeks as the Federal Reserve signals further aggressive monetary tightening. So reports CNN.
Guaranteed Rate, CrossCountry Target Hispanic Borrowers Guaranteed Rate and CrossCountry Mortgage have each separately announced initiatives aimed at Hispanic homebuyers.