Mortage News

The National Association of Hispanic Real Estate Professionals (NAHREP) has announced the installation of Leo Pareja as its 2017 national president and Daisy Lopez-Cid as president-elect
NAHREP Announces New Board of Directors
The National Association of Hispanic Real Estate Professionals (NAHREP) has announced the installation of Leo Pareja as its 2017 national president and Daisy Lopez-Cid as president-elect. Prior to their new leadership roles, Pareja served... Read more
Comergence has added Don Scales as manager of its Business Development team, bringing more than 11 years of mortgage industry experience and 25 years as a sales professional
Comergence Names Don Scales National Business Development Manager
Comergence has added Don Scales as manager of its Business Development team, bringing more than 11 years of mortgage industry experience and 25 years as a sales professional. Scales will be responsible for the education and acquisition of... Read more
Retirement-aged homeowners saw a combined 2.8 percent increase of $170.7 billion in home equity during the fourth quarter of 2016
Q4 2016 Home Equity for Seniors Up by $170.7 Billion
Retirement-aged homeowners saw a combined 2.8 percent increase of $170.7 billion in home equity during the fourth quarter of 2016, which increased their total housing wealth to $6.2 trillion, according to new data from the National Reverse... Read more
The one-time residence of the most beloved vampire in movie history is now on the market
Now Listed: Bela Lugosi’s Hollywood Mansion
The one-time residence of the most beloved vampire in movie history is now on the market.   According to Realtor.com, the Los Angeles residence of Bela Lugosi is available for $3 million. Located beneath the iconic Hollywood sign, the... Read more
The Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 24 was mostly flat
Dreary Numbers From This Week’s Mortgage Applications Data
The Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 24 was mostly flat.   The Market Composite Index decreased 0.8 percent on a seasonally adjusted basis and decreased by 0.4 percent on... Read more
Pending Home Sales Up 5.5 Percent
Pending home sales took a sharp upswing last month, according to new data from the National Association of Realtors (NAR).   The Pending Home Sales Index (PHSI) rose by 5.5 percent to 112.3 in February from 106.4 in January. Last month’s... Read more
NAMB+ Inc., the for-profit marketing and communications subsidiary of NAMB—The Association of Mortgage Professionals, has announced its latest Endorsed Provider, digital mortgage platform MortgageHippo
NAMB+ Announces MortgageHippo as Newest Endorsed Provider
NAMB+ Inc., the for-profit marketing and communications subsidiary of NAMB—The Association of Mortgage Professionals, has announced its latest Endorsed Provider, digital mortgage platform MortgageHippo.   MortgageHippo allows loan... Read more
Report Claims Deporting Illegal Immigrants Will Damage Housing
Efforts by the Trump Administration to deport illegal immigrants from Latin America would have a damaging impact on the U.S. housing industry, according to the annual State of Hispanic Homeownership Report issued by the Hispanic Wealth... Read more
Most older homeowners are reluctant to tap into their home equity as a means of strengthening their financial retirement
Survey: Older Homeowners Still Uncertain on Tapping Home Equity
Most older homeowners are reluctant to tap into their home equity as a means of strengthening their financial retirement, according to new research released the National Council on Aging (NCOA) through its subsidiary NCOA Services LLC.  ... Read more
Lenders Compliance Group (LCG), a nationwide risk management and compliance support firm, has announced the establishment of Servicers Compliance Group
Lenders Compliance Group Launches New Mortgage Servicer-Focused Group
Lenders Compliance Group (LCG), a nationwide risk management and compliance support firm, has announced the establishment of Servicers Compliance Group, a new practice area devoted to mortgage servicing compliance.   The unique feature of... Read more