I cover mortgages, title insurance and real estate services for Inman News. Have a story idea or comment? Please call or drop me a line at matt@inman.com.
Rob Hahn thinks RPR "is dead on arrival in its current incarnation." The "fatal flaw:" the "lack of revenue share" with MLSs
Greg Robertson's photoshop commentary on RPRs position on revenue share.
FHA has issued new policy to lenders -- mortgagee letters 09-46a and 09-46b http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/
It's true the secondary market for jumbo MBS went away in August/September 2007 and hasn't come back, which limits the pool of dollars available to make these loans. Don't forget credit unions are also able to make jumbo loans against their deposits. Also, this summer JPMorgan Chase started buying jumbo loans made by correspondent lenders, and Citigroup is offering jumbo loans through mortgage brokers. See story: http://www.inman.com/news/2009/07/6/signs-life-in-jumbo-lending
