News Flash

PRMI Helps Preschoolers With Book Donation Drive
While there are more than 100 studies suggesting preschool benefits are real and persist into regular school years and beyond, only 48 percent of kids from low-income families start school ready to learn. Head Start, a program administered... Read more
Milwaukee Mayor Recognizes Ocwen’s Efforts
Milwaukee Mayor Tom Barrett was recently joined by representatives from Ocwen Financial to highlight the 2016 results of the partnership between the City and Ocwen. Mayor Barrett, Alderman Michael Murphy and Ocwen announced the... Read more
Black Knight: Q4 Activity Helped End 2016 With a Bang
The fourth quarter of 2016 recorded $2.1 trillion in first lien mortgage originations, a 17 percent year-over-year increase, according to new data from Black Knight Financial Services. The final quarter of last year also saw nearly $300... Read more
New Poll Finds Most Financial Struggling Adults Seek Family Help
A new poll has found that people experiencing financial distress are most likely to find help from family members.   According to a survey of 849 adults hosted on the National Foundation for Credit Counseling (NFCC) Web site, 44 percent of... Read more
The CFP-Who? Survey Finds Little Public Awareness of Regulator
A new survey is finding that the agency tasked with protecting the rights of American consumers is barely known by the people it is supposed to be helping.   In a national telephone poll of more than 500 adults survey commissioned by... Read more
CoreLogic Chief Executive Nallathambi Dies at 55
Anand Nallathambi, president and CEO of CoreLogic, passed away on March 2 at the age of 55.   Nallathambi died more than two weeks after his company’s board of directors granted him a medical leave for an unspecified illness. The board... Read more
MBA Education’s Virtual Career Fair Hosts 1,000-Plus Students
Mortgage Bankers Association Education has announced that its recent Virtual Career Fair, held in early March 1, was its largest ever, featuring 28 MBA member companies attracting 1,000-plus students from 300 different colleges and... Read more
Approximately 6.5 percent of home build before 2000 and 10.3 percent of homes built in the 1990s were transitioned from owner-occupied into rental properties, according to a new study from the Mortgage Bankers Association’s (MBA) Research Institute for Ho
Average Rent Prices Down Slightly
Average rent prices took a scant 0.03 percent downturn in February, according to new data released by ABODO. As a result, the current national median rent to $1,003, which represents a 1.3 percent downturn since the beginning of the year... Read more
The editorial board of the New York Times accused President Trump of using an ongoing court case regarding the constitutionality of the leadership structure of the Consumer Financial Protection Bureau (CFPB)
Cordray Urges Public to Demand Credit Reporting Excellence
The Director of the Consumer Financial Protection Bureau (CFPB) is calling on the American people to demand better of the nation’s credit reporting companies.   In a speech yesterday before the CFPB’s Consumer Advisory Board, Director... Read more
One of the most famous residential properties in the pop culture universe is back on the market, with a considerably lower listing price
Listing Price Slashed on Michael Jackson’s Neverland Ranch
One of the most famous residential properties in the pop culture universe is back on the market, with a considerably lower listing price.   According to an Associated Press report, Michael Jackson's sprawling Neverland Ranch is relisted at... Read more