New MBS Buyer; FHA, VA, PACE, Ginnie Updates; RBS California Settlement

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Posted To: Pipeline Press

For further evidence of the uneven recovery among U.S. housing markets , how’s this: In the 10 most expensive U.S. metropolitan areas, median home values have increased by 63 percent since 2000, after adjusting for inflation. In the 10 cheapest metros, median values rose by just 3.6 percent. FHA, VA, PACE, and Ginnie News FHA has completed an update to the Loan Review System (LRS) that expands functionality, making it easier for lenders to track specific cases and perform their own analytics using review data. Specifically, the LRS update consists of two new functions: ” Search ” – this function has been added to the main navigation header, allowing lenders to search their reviews by FHA case number, regardless of review status. It also allows lenders to filter and export results, which will…(read more)

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