Mortage News

Finance of America Mortgage has announced the hiring of a new sales unit focused on credit unions and community banks
Finance of America Mortgage Hires New Sales Unit
Finance of America Mortgage has announced the hiring of a new sales unit focused on credit unions and community banks. Leading the new unit will be Managing Director Brad Seibel, who brings more than 30 years of experience in the mortgage... Read more
Opus Capital Markets Consultants LLC, a wholly-owned subsidiary of Wipro Ltd., has announced the addition of Bruce Legan
Opus CMC Names Bruce Legan Managing Director of Business Development
Opus Capital Markets Consultants LLC, a wholly-owned subsidiary of Wipro Ltd., has announced the addition of Bruce Legan, who will join Opus CMC as Managing Director of Business Development. Legan will oversee sales, marketing, client... Read more
Matic Insurance Services has forged a partnership with automated lending technology provider Roostify
Matic Insurance Services Partners With Roostify
Matic Insurance Services has forged a partnership with automated lending technology provider Roostify.   “Homeowner’s insurance has long been a missing element in mortgage innovation,” said Matic Co-Founder and Chief Executive Officer... Read more
San Diego will need to triple the number of homes constructed each year if it hopes to keep up with the current level of housing demand while keeping prices down, according to a report issued by the San Diego Housing Commission
Report: San Diego Needs Up to 220,000 Housing Units by 2028
San Diego will need to triple the number of homes constructed each year if it hopes to keep up with the current level of housing demand while keeping prices down, according to a report issued by the San Diego Housing Commission.   The San... Read more
A new study by Redfin has concluded it is more cost-effective for students at some public colleges to buy their own condo rather than rent an on-campus dorm room
Redfin: Condos More Cost-Effective Than Dorms
A new study by Redfin has concluded it is more cost-effective for students at some public colleges to buy their own condo rather than rent an on-campus dorm room.   According to Redfin, dorm rents range from $232 to $1,817 per month, with... Read more
A coalition of housing and real estate trade groups is ratcheting up pressure on the Trump Administration to ensure the government-sponsored enterprise (GSE) reform
Trade Groups Raise Warning on Stalled GSE Reform
A coalition of housing and real estate trade groups is ratcheting up pressure on the Trump Administration to ensure the government-sponsored enterprise (GSE) reform remains a priority.   In letters to Treasury Secretary Steve Mnuchin and... Read more
The Mortgage Collaborative (TMC) has announced a new partnership with East-Coast based CPA and advisory firm, ACS Accounting
ACS Accounting Joins The Mortgage Collaborative
The Mortgage Collaborative (TMC) has announced a new partnership with East-Coast based CPA and advisory firm, ACS Accounting. The new relationship with ACS, adds another tax and accounting firm to TMC’s preferred partner network.   “ACS is... Read more
Altisource Portfolio Solutions has issued the results of its inaugural Default Servicing Survey, a survey of over 200 mortgage default servicing professionals
Altisource Survey Finds FHA Volume on the Rise
Altisource Portfolio Solutions has issued the results of its inaugural Default Servicing Survey, a survey of over 200 mortgage default servicing professionals. According to the study, nearly three-quarters (71 percent) of servicing... Read more
How should Human Resources strategies relate to today’s challenges for financial services companies
Human Resources Strategies
Question: How should Human Resources strategies relate to today’s challenges for financial services companies?  Answer Over the past 10 years of recovering from the financial crisis, companies still face challenges that can be supported... Read more
A federal judge tripled the penalty enacted against two Texas-based mortgage companies, Allied Home Mortgage Corp. and Allied Home Mortgage Capital Corp., and their CEO Jim Hodge for violating the False Claims Act
Judge Triples Penalty Against Allied
A federal judge tripled the penalty enacted against two Texas-based mortgage companies, Allied Home Mortgage Corp. and Allied Home Mortgage Capital Corp., and their CEO Jim Hodge for violating the False Claims Act.   According to a Reuters... Read more