Fannie to Address Reps/Warrants; Ginnie and Streamline Refis; Credit Union Attorney Fees

Posted To: Pipeline Press

As thousands of folks prepare to head to Boston for the MBA’s conference, they may be asking, “What’s in my wallet?” Maybe a little less. The average cost of an out-of-network ATM fee in the U.S. is $4.57, making this the tenth consecutive year of increases. (The surcharge from the ATMs themselves accounts for $2.90 of that total, while the charge from the customer's own bank for using an out-of-network ATM accounts for $1.67.) Heck, it's more expensive than a no-cost home loan! Before going on, I wanted to clear up some name confusion. Yesterday I wrote about a settlement that First American Mortgage Trust, which does business as NXTLoan.com, had with the DOJ over FHA loans. This is not the "First American" that is First American Financial Corporation (parent company...(read more)

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