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<copyright>Copyright 2010, SourceMedia, Inc. and Mortgage Servicing News.  All rights reserved.</copyright>
<pubDate>Wed, 10 Mar 2010 20:47:03 EST</pubDate>
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<title>RealtyTrac: 1 Million Lost Homes Since Yearend &#x27;08 </title>
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<description>More than 1 million U.S. consumers have lost their homes to foreclosure since the end of 2008, according to new figures compiled by RealtyTrac, Irvine, Calif.</description>
<pubDate>2010-03-09 12:00:11</pubDate>
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<title>Phoenix Capital Working on Large Servicing Deal</title>
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<description>Phoenix Capital, Denver, is working on bringing an $800 million package of servicing rights to the auction market, according to one advisor familiar with the transaction.</description>
<pubDate>2010-03-09 12:00:05</pubDate>
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<title>Former GNMA Chief: Cut the Agency Loose From HUD</title>
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<description>The Government National Mortgage Association should be given its independence from the Department of Housing and Urban Development, its former president said.</description>
<pubDate>2010-03-09 12:00:03</pubDate>
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<title>Commercial Banks Will be Big Buyers of MBS This Year</title>
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<description>Commercial banks will be big buyers of agency MBS this year and help keep mortgage rates in check after the Federal Reserve withdraws from the market, according to the head of securitization strategy at Barclays Capital.</description>
<pubDate>2010-03-09 12:00:01</pubDate>
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<title>Two Top Level Departures at MetLife Home Loans</title>
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<description>Two top officers in charge of the fast growing MetLife Home Loans, Memphis, have departed the bank-owned residential lender/servicer, &#x3C;i&#x3E;National Mortgage News&#x3C;/i&#x3E; has learned.</description>
<pubDate>2010-03-09 12:00:00</pubDate>
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<title>Vendor Launches Online Resource to Help Lenders Comply With Reg E</title>
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<description>Wolters Kluwer Financial Services is moving to help financial institutions rapidly comply with the Federal Reserve Board&#x27;s upcoming changes to Regulation E with the launch of a new online resource center. </description>
<pubDate>2010-03-08 12:00:10</pubDate>
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<title>Frank Pressures Big Banks on Second Mortgages</title>
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<description>House Financial Services Committee chairman Barney Frank, D-Mass., is calling on the CEOs of four major banks to work with the Treasury Department and banking regulators to deal with second mortgages that have become an obstacle to modifying troubled first liens. </description>
<pubDate>2010-03-08 12:00:06</pubDate>
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<title>FDIC Prices First Note Offering</title>
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<description>The Federal Deposit Insurance Corp., in an effort to liquidate residential and construction loans from failed banks, has priced two note offerings totaling $1.8 billion to &#x22;robust market demand,&#x22; according to a source familiar with the transaction. </description>
<pubDate>2010-03-08 12:00:05</pubDate>
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<title>KBW: GSE Revamp Bill Could Be Impossible</title>
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<description>Restructuring Fannie Mae and Freddie Mac-and the political compromises that must occur to make it happen-could render the passage of such legislation next to impossible, according to a new report from Keefe, Bruyette &#x26; Woods. </description>
<pubDate>2010-03-08 12:00:04</pubDate>
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<title>Industry Wants Exemption from SAFE Act</title>
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<description>Mortgage servicing employees who help troubled borrowers with loan modifications should be exempt from the licensing and registration requirements of the SAFE Act, according to a comment letter by three industry groups. </description>
<pubDate>2010-03-08 12:00:02</pubDate>
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