LenderLive Approved for DBRS-Related Transactions

NationalMortgageProfessional.com

Oct 09, 2013

LenderLive Network Inc. has been approved and recognized as an acceptable third-party due diligence firm for DBRS-related transactions. DBRS, a globally recognized credit rating agency, conducted a thorough review to assess LenderLive’s staffing, infrastructure and capabilities related to due diligence and mortgage loan reviews. “Having this DBRS designation means the rating agency has recognized our quality personnel, processes and capabilities,” said Rick Seehausen, president and CEO of LenderLive. “The DBRS approval is highly regarded in the industry and provides our clients enhanced confidence in our services. In its assessment process, DBRS found that LenderLive has robust quality control procedures as well as significant systems capabilities and data-checking capabilities.”

Link copied

Published

Oct 09, 2013

Analysis and Data

Existing-Home Sales Fell Again In July

Median house price was $403,800, up nearly 11% YOY, but down from June.

Sales of existing homes fell nearly 6% in July, the sixth straight-monthly decline, with all four U.S. regions recording fewer sales, the National Association of Realtors said today. Total existing-home sales — completed transactions that include single-family homes, townho...

Analysis and Data

Mortgage Rates Dip Slightly

Home purchase demand expected to drag through the end of the year.

Freddie Mac’s weekly Primary Mortgage Market Survey report released Thursday shows that fixed mortgage rates averaged 5.13%, leading to an expectation that purchase demand will likely continue to drag over the rest of the year and home price growth will decelerate. “Inflat...