Mortage News

New Reports Detail Level of Housing Wealth
A pair of new data reports is offering new insight on the current state of housing-fueled prosperity.   A study released by Zillow has found nearly one in 20 residential ZIP codes can be defined as a “$1 million neighborhood,” which means... Read more
Single-family housing starts in July were at a rate of 856,000
RE/MAX: Home Sales Down, But Prices Soar
Home sales during July dropped 0.8 percent year-over-year and plummeted by 15.8 percent compared to June, but the median sales price of $239,500 was up 7.4 percent from one year earlier, according to new data from RE/MAX.   Nineteen of... Read more
Guild Mortgage has been named as one of the San Diego Business Journal’s Fastest Growing Private Companies for 2017
Guild Mortgage Recognized by San Diego Business Journal
Guild Mortgage has been named as one of the San Diego Business Journal’s Fastest Growing Private Companies for 2017, marking its third appearance on the list in the past four years. Guild ranked No. 49 on the list, with revenue growth of... Read more
Mortgage Bankers Association (MBA) Education has announced the creation of the Certified Mortgage Compliance Professional (CMCP) designation
MBA Announces New CMCP Designation
Mortgage Bankers Association (MBA) Education has announced the creation of the Certified Mortgage Compliance Professional (CMCP) designation, and the opportunity to take the classes for first level of the designation at no charge in... Read more
For the fifth time, Inc. 5000 has named New American Funding to its list of Fastest-Growing Private Companies in America,
New American Funding Named to Inc. 5000 List for Fifth Time
For the fifth time, Inc. 5000 has named New American Funding to its list of Fastest-Growing Private Companies in America, ranking the national mortgage lender 1,664th in the nation for 2017. The magazine complied the list according to... Read more
IndiSoft has named Camillo Melchiorre as President, where he will focus on the firm’s sales and marketing efforts
Industry Vet Camillo Melchiorre Named President of IndiSoft
IndiSoft has named Camillo Melchiorre as President, where he will focus on the firm’s sales and marketing efforts. Naming Melchiorre will allow Sanjeev Dahiwadkar, who previously held both the roles of President and CEO, to concentrate on... Read more
Equity National Title has named David Boyum Executive Vice President, National Sales Manager
David Boyum Joins Equity National Title as EVP, National Sales Manager
Equity National Title has named David Boyum Executive Vice President, National Sales Manager where he will be charged with expanding the firm’s national sales effort, as well as servicing the firm’s existing client base.   Boyum brings 16-... Read more
Wells Fargo has named former Federal Reserve Governor Elizabeth Duke to become its next chairman
Former Fed Governor Named Chairman of Wells Fargo
Wells Fargo has named former Federal Reserve Governor Elizabeth Duke to become its next chairman, effective Jan. 1. With this appointment, Duke makes history as the first woman to chair a major national bank.   Duke succeeds Stephen W.... Read more
Potential homebuyers who want to protect themselves from the potential shower of North Korean nuclear missiles are out of luck
Listed Homes With Bomb Shelters in Very Short Supply
Potential homebuyers who want to protect themselves from the potential shower of North Korean nuclear missiles are out of luck: A new study by Estately found there are only 47 homes on the market today that come with their own bomb... Read more
A panel of more than 100 real estate experts and economists assembled by Zillow looked into the future and see a recession looming on the far horizon
Zillow Panel Predicts a Recession by 2020
A panel of more than 100 real estate experts and economists assembled by Zillow looked into the future and see a recession looming on the far horizon.   The latest Zillow Home Price Expectations Survey forecast a 73 percent chance that the... Read more