Mortage News

Ellie Mae has announced the launch of Encompass Loan Officer Connect
Ellie Mae has announced the launch of Encompass Loan Officer Connect, designed specifically to enable loan officers to be more effective and efficient when serving their borrowers, through a robust, scalable mobile extension of Ellie Mae’s... Read more
Detroit-based Rock Holdings Inc., parent company of Quicken Loans, has signed an agreement to acquire LowerMyBills and ClassesUSA from their parent, Core Digital Media. Terms of the acquisition were not made public. However, the... Read more
One million homes returned to positive equity positions over the first three quarters of 2016, according to new data released by Black Knight Financial Services (BKFS)
One million homes returned to positive equity positions over the first three quarters of 2016, according to new data released by Black Knight Financial Services (BKFS), which concluded that the national negative equity rate is now 4.4... Read more
In one of his final acts as the head of the Department of Housing and Urban Development (HUD), Secretary Julián Castro announced the Federal Housing Administration (FHA) will reduce the annual premiums by 25 basis points for most new... Read more
It is only the first working day of the new year, but the Consumer Financial Protection Bureau (CFPB) has wasted no time launching into enforcement actions
The Consumer Financial Protection Bureau (CFPB) announced several leadership changes.   Leandra English is returning to the CFPB to serve as chief of staff. She was previously principal deputy chief of staff at the Office of Personnel... Read more
It may only be the sixth day of 2017, but Sen. Elizabeth Warren (D-MA) is already planning for Election Day 2018.   In an email to her supporters, the senator announced that she is running for re-election next year. And she began her... Read more
In advance of Thursday’s Senate confirmation hearing of Dr. Ben Carson to become the next Secretary of the U.S. Department of Housing & Urban Development (HUD)
The Senate Committee on Banking, Housing and Urban Affairs has announced that it will meet on January 12 for the confirmation hearing of Dr. Ben Carson’s nomination to be the next Secretary of Housing and Urban Development (HUD).   The... Read more
​Wells Fargo has named Pavaso an approved vendor for “hybrid” eClosings
Two of China’s Internet giants are teaming up to create a new website to help Chinese investors in search of global real estate purchases.   The new Haiwai online marketplace is the creation of Tencent, which operates the Chinese... Read more
Nashville Tennessee GSF Mortgage
The data analysts at Zillow have looked into their crystal ball and announced that Nashville will be the hottest housing market for 2017. Zillow factored several socioeconomic considerations—including home appreciation, unemployment rates... Read more
Mike Goldman
AmCap Mortgage, a Houston-based privately held national mortgage banker with 75 branches and licensed in 32 states, has named Michael Goldman chief operating officer (COO). He replaces Mike Johnson, who held the titles of both COO and... Read more

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