Mortage News
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NAMB Announces NAMB All-In Cloud-Based Platform The National Association of Mortgage Brokers (NAMB) has announced the launch of its new platform, NAMB All-In, available to all NAMB members at no cost. Powered by Calyx Software, NAMB All-In provides mortgage professionals with the three... Read more |
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Area Sales Manager Rocky Rockwell Joins Waterstone Mortgage Waterstone Mortgage Corporation has announced that the company has hired Area Sales Manager Rocky Rockwell to assist homebuyers in California. Rockwell has more than 32 years of successful wholesale and retail sales management experience.... Read more |
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GSEs Announce Holiday Season Eviction Moratorium There are some things turn up every December without fail: Burl Ives and Bing Crosby on the radio, “It’s a Wonderful Life” on television and the government-sponsored enterprises’ (GSEs) annual holiday season suspension of their eviction... Read more |
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Velocity Debuts Its WIRE Initiative Velocity Mortgage Capital has unveiled its Women in Real Estate (WIRE) initiative to encourage more women to become involved in real estate investment.
The Westlake, Calif.-based company introduced the program at the recent NAMB... Read more |
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Report: Mortgage Debt Averages $184K Per Household U.S. households with mortgage debt are carrying an average of $184,417 in this particular debt, according to new data released by NerdWallet.
The newly released NerdWallet 2018 American Household Credit Card Debt Study determined that U.... Read more |
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A Post-Recovery First: Tappable Equity Declines Total equity on mortgaged residential properties reached $9.8 trillion by the end of October, with $5.9 trillion of this sum being tappable, according to new data from Black Knight Inc.
However, the number of mortgaged homeowners with... Read more |
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Trump Nominates William Barr as Next AG President Trump has nominated former Attorney General William Barr to return to the leadership position at the Department of Justice.
Barr served as Attorney General for President George H.W. Bush from 1991 to 1993. After leaving the... Read more |
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Intuvo Offers White Paper on Credit Union Mortgage Lending Intuvo, a provider of marketing automation software to the credit union industry, has published a free white paper detailing how credit unions can succeed in the mortgage space.
The white paper, titled "The Keys to Credit Union Success... Read more |
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Wells Fargo Pays $17.25M to Settle Illinois RMBS Charges Wells Fargo has agreed to a settlement with the State of Illinois to resolve charges related to the marketing and sale of its residential mortgage-backed securities (RMBS) prior to the 2008 economic crisis.
Under terms of the settlement... Read more |
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Moody’s: RMBS Credit Quality to Stay Strong in 2019 Moody’s Investors Service is forecasting a strong level of credit quality and performance of residential mortgage-backed securities (RMBS) in 2019, although the level of strength will be slightly weaker compared to this year.
In its 2019... Read more |