Morgage applications decrease in latest MBA Weekly Survey

National Mortgage Professional

Jul 29, 2008

PCS introduces new screening serviceMortgagePress.comonline environment, operating employment and tenant screening Platinum Credit Services Inc. (PCS) announced its new screening system, PCS Screening Services. PCS Screening Services provides an online environment for operating employment and tenant screening. Users can request applicant profiles and public record information from the Web, which can be retrieved online or delivered via fax or e-mail. PCS is a mortgage lender services and screening services provider based in Massapequa, N.Y. For more information, call (516) 799-9600 or visit www.platinumcreditservices.com.

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Jul 29, 2008

Analysis and Data

N.Y. Fed: Short-Term Home Price Expectations Drop Sharply

Average one-year-ahead home-price growth expectations fell to 2.6%, the lowest reading since the survey began in 2014.

U.S. households participating in the Federal Reserve Bank of New York’s annual housing survey said they expect home prices over the next 12 months to increase at the slowest pace since the survey began in 2014. In contrast, the federal bank said, home price expectations ov...

Courts

Brokers Seek To Use UWM, Ishbia Claims Against Them in Ultimatum Suit

Brokers in Florida antitrust lawsuit say UWM's latest market share claims, Ishbia comments prove their case.

United Wholesale Mortgage (UWM)) Chairman & CEO Mat Ishbia was delighted to announce earlier this month that his company had claimed more than half (54%) of the wholesale lending channel during the fourth quarter of last year. That revelation, however, is now the latest...