Mortage News

eValuation ZONE Inc., a business specializing in real estate appraisal management services, has announced its national certification as a Women’s Business Enterprise by the Women's Business Development Center-Chicago
eValuation ZONE Certified by the Women’s Business Enterprise National Council
eValuation ZONE Inc., a business specializing in real estate appraisal management services, has announced its national certification as a Women’s Business Enterprise by the Women's Business Development Center-Chicago, a regional certifying... Read more
Court to Rehear Case on CFPB’s Constitutionality
The U.S. Court of Appeals for the District of Columbia Circuit has agreed to rehear the case that challenged the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) leadership structure.   According to a Bloomberg... Read more
ACES Risk Management (ARMCO) has announced that it has added to and enhanced business user-friendly configuration functionality to its ACES Audit Technology solution
ARMCO Adds New Capabilities to Its ACES Audit Technology
ACES Risk Management (ARMCO) has announced that it has added to and enhanced business user-friendly configuration functionality to its ACES Audit Technology solution. The additions enable servicers to standardize and easily modify... Read more
Castle & Cooke Mortgage has announced that mortgage sales veteran Jaeson Morris and three members of his sales team have joined the company’s Brentwood, Tenn. office
Castle & Cooke Mortgage Expands in the Nashville Market With New Additions
Castle & Cooke Mortgage has announced that mortgage sales veteran Jaeson Morris and three members of his sales team have joined the company’s Brentwood, Tenn. office. Morris will serve as branch manager, in tandem with current Branch... Read more
Altisource Portfolio Solutions SA has announced a specialized Federal Housing Authority (FHA) offering
Altisource Introduces Suite of FHA Offerings
Altisource Portfolio Solutions SA has announced a specialized Federal Housing Authority (FHA) offering, taking advantage of its end-to-end product suite to assist in improving controls and mitigating risk throughout the lifecycle of... Read more
Mortgage Rates Take a Dip
Average mortgage rates experienced a slight downward movement, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS) for the week ending Feb. 16.   The 30-year fixed-rate mortgage (FRM) averaged 4.15 percent, down from last week... Read more
Freddie Mac Ends 2016 With a Profit
Freddie Mac ended 2016 with $7.8 billion in net income, up from $6.4 billion in 2015. The government-sponsored enterprise also reported comprehensive income of $7.1 billion for 2016, up from $5.8 billion in 2015.   For the fourth quarter... Read more
The level of credit defaults on first and second mortgages saw mild increases last month, according to the latest S&P/Experian Consumer Credit Default Indices
Mortgage Payments Eat Up More Median Household Income
What is the true cost of homeownership? According a new data analysis from Zillow, today’s typical monthly mortgage payment requires more of the average household income than it has anytime in the previous six years.   Zillow has... Read more
The real estate industry mantra “location, location, location” took on a rather toxic hue with ATTOM Data Solutions’ third annual Environmental Hazards Housing Risk Index
17.3M Homes in High Environmental Hazard Risk Areas
The real estate industry mantra “location, location, location” took on a rather toxic hue with ATTOM Data Solutions’ third annual Environmental Hazards Housing Risk Index, which determined that 17.3 million single-family homes and condos... Read more
Veros Real Estate Solutions has announced that its Sapphire valuation management platform is now available through Ellie Mae’s Encompass
Veros Integrates With Ellie Mae’s Encompass
Veros Real Estate Solutions has announced that its Sapphire valuation management platform is now available through Ellie Mae’s Encompass all-in-one mortgage management solution. The seamless integration allows lenders to place orders... Read more