Mortage News

Mid America Mortgage Inc. has announced that it has promoted former Chief Compliance Officer and Director of Correspondent Lending Kara Lamphere to the role of Chief Operating Officer (COO)
Mid America Mortgage Names Kara Lamphere as COO
Mid America Mortgage Inc. has announced that it has promoted former Chief Compliance Officer and Director of Correspondent Lending Kara Lamphere to the role of Chief Operating Officer (COO).   “Kara Lamphere is a tremendous asset to Mid... Read more
International Document Services Inc. (IDS) has announced the promotion of former Manager of Development Beckie Santos to the newly created position of Manager of New Product Development.
IDS Promotes Beckie Santos to Manager of New Product Development
International Document Services Inc. (IDS) has announced the promotion of former Manager of Development Beckie Santos to the newly created position of Manager of New Product Development. In her new role, Santos will leverage her... Read more
Waterstone Mortgage Corporation has announced that Kerry Wirth has been promoted to Chief Operating Officer
Kerry Wirth Promoted to Waterstone Mortgage COO
Waterstone Mortgage Corporation has announced that Kerry Wirth has been promoted to Chief Operating Officer, where she will be responsible for leading the company's operations departments and companywide initiatives. Wirth previously... Read more
The political rancor resulting from President Trump’s comments on last weekend’s events in Charlottesville are not driving White House economic adviser Gary Cohn out of the Administration
Report: Cohn to Remain in White House
The political rancor resulting from President Trump’s comments on last weekend’s events in Charlottesville are not driving White House economic adviser Gary Cohn out of the Administration.   According to a Bloomberg report, an unnamed... Read more
A pilot program has been introduced in Los Angeles County that will encourage homeowners to build a second dwelling on their properties that will provide housing house homeless people
L.A. Program Encourages Homeowners to Shelter the Homeless
A pilot program has been introduced in Los Angeles County that will encourage homeowners to build a second dwelling on their properties that will provide housing house homeless people.   According to a Los Angeles Daily News report, the... Read more
The latest housing data report confirms an ongoing market trend: An evaporating inventory is contributing to declining home sales and a dramatically increase in home prices
Redfin: Inventory Shrinkage Jacked Up July’s Home Prices
The latest housing data report confirms an ongoing market trend: An evaporating inventory is contributing to declining home sales and a dramatically increase in home prices.   During July, Redfin determined a 6.8 percent year-over-year... Read more
FHFA Extends HARP, Modifies Refinance Program
The Federal Housing Finance Agency (FHFA) had modified the High LTV Streamlined Refinance program designed to help borrowers who are current on their mortgage but are unable to refinance because their loans have loan-to-value (LTV) ratios... Read more
Dr. Ben Carson, the new Secretary of Housing & Urban Development (HUD) and the sole African-American in President Trump’s cabinet
HUD Secretary's Home Vandalized with Anti-Trump Graffiti
If you thought that you could escape the belated sequel to the Civil War by reading this media resource, we’re sorry to disappoint you. However, there is a housing element to be found in this current news stream. In a posting on Facebook... Read more
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Mortgage Rates Slump Again
Fixed mortgage rates took another spill this week, according to new data from Freddie Mac.   The 30-year fixed-rate mortgage (FRM) averaged 3.89 percent for the week ending Aug. 17, down from last week when it averaged 3.90 percent. The... Read more
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