Home values continued to climb in April, increasing 0.5 percent from March to a Zillow Home...Read More
U.S. Department of Housing & Urban Development (HUD) Secretary Shaun Donovan announced that HUD will speed federal disaster assistance to the State of Oklahoma in addition to resources being provided by Federal Emergency Management Agency (FEMA) and other federal partners. HUD will...Read More
The National Association of Home Builders (NAHB) has praised Sens. Robert Menendez (D-NJ) and Johnny Isakson (R-GA) for introducing bipartisan legislation to encourage residential construction lending, spur job growth and keep the housing and economic recovery on track. "Sens. Menendez and...Read More
Existing-home sales rose in April, but remain below underlying demand because of limited inventory and tight credit, according to the National Association of Realtors (NAR). All regions are showing strong price gains from a year ago. Total existing-home sales, which are completed...Read More
The Independent Community Bankers of America (ICBA) has released “End Too-Big-To-Fail,” a report that examines the impact of too-big-to-fail financial institutions on the U.S. economy and why too-big-to-fail must be brought to an end now. In the report, ICBA also highlights the Terminating...Read More
Pro Teck Valuation Services’ May Home Value Forecast (HVF) Update analyzes the shortage of available housing inventory and its impact on home prices by examining one of the leading market indicators for predicting home prices - the Sold-to-List Price Ratio. In this month’s update, the Honolulu,...Read More
Compliance Solutions for the Appraisal Management Industry: An Interview With Clint Cornett, CEO of ValuTrac Software Inc.
Clint Cornett is chief executive officer and founder of Texas-based ValuTrac Software, Inc., a software solutions provider to the appraisal management and mortgage lending industries. ValuTrac allows appraisal management companies, banks, credit unions, and mortgage lenders to operate more...Read More
A new year lies ahead as we close the book on 2012. We in the industry have weathered unimaginable change over the past four years. As a result, we have emerged smaller, but stronger. The year 2013 promises more change, and as before, the strong and wise shall thrive. Our firm believes that...Read More
There are many factors that determine how risky a bond is perceived to be. Some factors are directly related to the licensee’s individual ability to meet its professional obligations, while some are related to the overall economic climate for an industry. But other factors, some of which...Read More
The topic regarding lender/real estate agent gridlock that I hear from mortgage colleagues across the nation has been lingering on for years and I cannot help but write about it this month. It’s not an everyday occurrence, but worth discussing. In prior years and primarily during the housing...Read More
In yesteryear, your customers had a much easier time of shopping for a mortgage because the options were fewer and there weren’t as many programs to review. Now, there are thousands of mortgage companies and hundreds of different programs to choose from. The task has become quite daunting...Read More
LoanSifter Inc. has integrated with Fannie Mae’s Desktop Underwriter, giving mortgage bankers and loan officers seamless access to the mortgage industry’s leading underwriting tool from within the LoanSifter platform. A housing industry standard for underwriting mortgages, Fannie Mae's...Read More
LRES named Stephen Massien as its new vice president of marketing. In this role, Massien is responsible for business and strategy development to further improve LRES' brand awareness, organizational image and financial health.
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Ernst Publishing Company has been selected for the 2013 Best of Albany Award in the Publishers category by the Albany Award Program. According to the presenters, this award is a result of the company’s dedication and efforts to build a sustainable business in Albany. “Each year, the Albany Award...Read More
United Guaranty Corporation has named Brian Gould chief operating officer (COO). Gould, who joined the company in 1999, now oversees underwriting, claims, loss mitigation, customer support, and business analytics, as well as the company’s service operations and enterprise services groups. Gould...Read More
Carrington Real Estate Services LLC has announced the launch of MyFUELCenter, its mobile online resource for agents on the go. Designed to save agents time, increase their productivity and promote business growth through 24/7 access to information, training, support and business tools,...Read More
In response to falling mortgage rates and a shrinking inventory of “perfect homes,” Limetree Lending Group CEO Jocelyn Predovich has announced a unique opportunity that allows homebuyers to add repair and upgrade costs to a mortgage. Limetree Lending Group is announcing this...Read More
Real Integrated Technology LLC will release Commercial Site Inspector 2.0 (CSI), including upgrades to the standard-setting mobile site inspection platform, during the second quarter of 2013. RIT has unveiled CSI University, providing education, advice and video tutorials to...Read More
LendingQB has announced that it has implemented the mortgage insurance (MI) companies’ full set of underwriting guidelines into its automated underwriting system (AUS). As a result, MI eligibility and pricing is automatically calculated and paired with the investor’s underwriting decision...Read More
Mortgage News Ticker
Headlines and Blogs from Around the Web
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Flagstar Said to Weigh Sale of Mortgage-Servicing Rights
Bloomberg Businessweek
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Wells Fargo Up on Mortgage Settlement News
The Motley Fool
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Investors Want to Package Efficiency Securities Like Mortgages
GreenTechMedia.com
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S&P's Assurances to Investors Not 'Mere Puffery,' U.S. Says
Bloomberg Businessweek
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New Mass. Law Has Eased Foreclosures
The Boston Globe
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Wells Fargo, Chase Slow Foreclosure Sales, While Bank of America Continues
Austin Business Journal
U.S. Department of Housing & Urban Development (HUD) Secretary Shaun Donovan announced that...Read More
Sabal Financial Group LP has announced the expansion of its Commercial Mortgage-Backed...Read More
Ginnie Mae announced that it has guaranteed more than $39.95 billion in mortgage-backed...Read More
The nation’s largest mortgage servicers have distributed $50.63 billion in direct relief to over...Read More
The National Association of Home Builders (NAHB) has praised Sens. Robert Menendez (D-NJ) and...Read More
Technology plays a vital role in today’s society and is transforming the way Realtors do...Read More
The National Association of Home Builders (NAHB) has praised Sens. Robert Menendez (D-NJ) and...Read More
The nation’s largest mortgage servicers have distributed $50.63 billion in direct relief to over...Read More
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