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<copyright>Copyright 2010, SourceMedia, Inc. and Mortgage Servicing News.  All rights reserved.</copyright>
<pubDate>Tue,  9 Mar 2010 19:17:02 EST</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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<title>Saxon Hires Customer Relationship Chief</title>
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<description>Stephen Staid has joined Saxon Mortgage Services Inc., Irving, Texas, as executive vice president of customer relationship management.</description>
<pubDate>2010-03-05 12:00:11</pubDate>
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<title>LoanMarket.net Sees Growth in Commercial Offerings</title>
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<description>LoanMarket.net, an online seller of nonperforming loans, is seeing an increase in its commercial business.</description>
<pubDate>2010-03-05 12:00:09</pubDate>
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<title>MBS Market Has Virtually No Reaction to Freddie Prepays</title>
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<description>With perhaps one exception, the MBS market Friday did not have much of a reaction to an acceleration in Freddie Mac&#x27;s prepayment speeds which reflected buyouts of a large number of delinquent loans. </description>
<pubDate>2010-03-05 12:00:08</pubDate>
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<title>Hudson City Converting to National Bank</title>
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<description>Hudson City Bancorp, a top ranked residential lender in the New York metro area, wants to convert its thrift subsidiary to a national bank charter.</description>
<pubDate>2010-03-05 12:00:07</pubDate>
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<title>FDIC Extends &#x27;Safe Harbor&#x27; on Securitized Assets</title>
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<description>The Federal Deposit Insurance Corp. is planning to extend its &#x22;safe harbor&#x22; policy past March 31 while its board continues to work on new securitization standards.</description>
<pubDate>2010-03-05 12:00:06</pubDate>
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