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Industry News
Coming Up:
Second-Home Demand Climbs 70 Percent From Pre-Pandemic Levels
Second-home demand skyrocketed by 70% in October 2021, outpacing August's 48% gain, according to a report from Redfin.
CFPB Seeks Insight On Creating A Fairer Mortgage Market
The Consumer Financial Protection Bureau has been actively looking to create a fairer mortgage market, free of discriminatory engagements. To do so, it issued a Request for Information to seek input on rules implementing the Home Mortgage Disclosure Act.
FHFA Releases Accountability And Performance Report
FHFA realigns priorities and goals as we head into the new year.
Power REIT Drives Growth With Acquisition Of Cannabis Properties
Power REIT's acquired property is the largest cannabis cultivation facility in the United States, representing the firm's largest transaction to date.
Guaranty Home Mortgage Partners With Paradatec For Doc Automation
Guaranty Home Mortgage Corporation selected Paradatec's AI-Cloud for document processing and indexing.
loanDepot Wholesale Enhances mello Broker Portal
loanDepot Wholesale launched the newest iteration of its mello broker portal, which then company says features added efficiencies in the closing process.
AOMS Adds Account Executives To Meet Increased Non-QM Demand
Angel Oak Mortgage Solutions just rolled through a $1 billion quarter and is adding to its growing roster of account executives to meet the current demand for non-QM and company growth.
Christopher Gallo Is Next Up On The Mortgage Leadership Outlook
Christopher Gallo, a mortgage loan originator for NJ Lenders Corp., will appear on the Mortgage Leadership Outlook on Wednesday, Nov. 17.
SitusAMC Field Guide Aims To Help Mortgage Firms Navigate Washington, D.C.
SitusAMC launched a new Field Guide for mortgage industry participants looking to understand and navigate the federal landscape, according to the company.
Avoiding Commercial Property Foreclosure
A new report from Mortgage Rail suggests that avoiding commercial property foreclosure can be achieved by executing a successful commercial loan workout.