Mortage News

EverBank, a division of TIAA FSB, has announced that Nick DeSimone has joined the Retail Lending Division as a Retail Loan Originator
Nick DeSimone Joins EverBank as Retail LO
EverBank, a division of TIAA FSB, has announced that Nick DeSimone has joined the Retail Lending Division as a Retail Loan Originator. De Simone will be located in Parsippany, N.J., specializing in the tri-state area, offering residential... Read more
A new online test preparation tool, Prep xL by OnCourse Learning, is now available to mortgage professionals across the country who are studying for the national portion of the licensing exam
OnCourse Learning Launches Mortgage Licensing Exam Prep Tool
A new online test preparation tool, Prep xL by OnCourse Learning, is now available to mortgage professionals across the country who are studying for the national portion of the licensing exam.   “Prep xL customizes the learning experience... Read more
Flagstar Bancorp Inc. has announced that its wholly-owned subsidiary Flagstar Bank FSB is acquiring a mortgage warehouse loan portfolio from Santander Bank
Flagstar Acquires Santander’s Warehouse Portfolio
Flagstar Bancorp Inc. has announced that its wholly-owned subsidiary Flagstar Bank FSB is acquiring a mortgage warehouse loan portfolio from Santander Bank.   The financial terms of the transaction were not disclosed, but the Flagstar... Read more
Mortgage delinquencies during January were down by 8.6 percent from the previous month but were 1.3 percent higher than one year ago, according to new data from Black Knight Inc.
Hurricane Damage Continues to Impact Mortgage Delinquencies
Mortgage delinquencies during January were down by 8.6 percent from the previous month but were 1.3 percent higher than one year ago, according to new data from Black Knight Inc.   January’s numbers were impacted by the tumult from... Read more
The National Fair Housing Alliance (NFHA) has settled a lawsuit with Travelers Indemnity Co. that will now guarantee landlords in the Washington, D.C., housing market will not be denied commercial insurance coverage from Travelers
Travelers Indemnity Settles Housing Discrimination Lawsuit
The National Fair Housing Alliance (NFHA) has settled a lawsuit with Travelers Indemnity Co. that will now guarantee landlords in the Washington, D.C., housing market will not be denied commercial insurance coverage from Travelers because... Read more
The Federal Housing Administration (FHA) has expanded mortgage relief to FHA-insured homeowners who live or work in areas impacted by last year’s Hurricanes Harvey, Irma and Maria and the California wildfires and subsequent flooding and mudslides
FHA Expands Foreclosure Relief to Disaster Impacted Markets
The Federal Housing Administration (FHA) has expanded mortgage relief to FHA-insured homeowners who live or work in areas impacted by last year’s Hurricanes Harvey, Irma and Maria and the California wildfires and subsequent flooding and... Read more
The 30-year fixed mortgage rate increased for the seventh-consecutive week, according to new data from Freddie Mac
Mortgage Rates Up Again
The 30-year fixed mortgage rate increased for the seventh consecutive week, according to new data from Freddie Mac.   The 30-year fixed-rate mortgage (FRM) averaged 4.40 percent for the week ending Feb. 22, up from last week when it... Read more
Is Environmental Hazard Risk Good for Home Values?
Now, here is some news for those who like to live dangerously: ATTOM Data Solutions is reporting that median home prices in communities within the highest 20 percent for environmental hazard risk appreciated at a faster pace than the... Read more
Home values rose 6.7 percent on a year-over-year basis in January to a median home value of $207,600, according to new data from Zillow
Home Values Up 6.7 Percent
Home values rose 6.7 percent on a year-over-year basis in January to a median home value of $207,600, according to new data from Zillow. This represents the slowest home value increase since November 2016.   West Coast markets recorded the... Read more
CIS has announced they will exhibit at Ellie Mae Experience 2018, March 19-21, 2018 at the Wynn Hotel in Las Vegas
CIS Set for Ellie Mae Experience 2018 in Vegas
CIS has announced they will exhibit at Ellie Mae Experience 2018, March 19-21, 2018 at the Wynn Hotel in Las Vegas. This year’s conference theme, “Dare to Dream Bigger” encourages attendees to learn about the latest technologies defining... Read more