Mortage News

Atlanta-based SunTrust Banks Inc. has announced that it will offer the Experian IDnotify identity protection for free to current and new consumer customer after discovering a data breach by a former employee
 SunTrust Offers Free ID Protection Following Data Breach
Atlanta-based SunTrust Banks Inc. has announced that it will offer the Experian IDnotify identity protection for free to current and new consumer customer after discovering a data breach by a former employee.   The company stated that the... Read more
Most of the U.S. real estate industry is forecast to show more strength this year than previous predicted
 New ULI Real Estate Forecast Is Mostly Positive
Most of the U.S. real estate industry is forecast to show more strength this year than previous predicted, according to the latest economic forecast from the Urban Land Institute’s (ULI) Center for Capital Markets and Real Estate.   The... Read more
Homebuyers are willing to open their wallets wider when it comes to purchasing property with green features, according to a new data analysis from Redfin
 Green Homes Generate Greener Home Sales
Homebuyers are willing to open their wallets wider when it comes to purchasing property with green features, according to a new data analysis from Redfin.   During 2017, green homes sold for $46,532 more than homes without green features.... Read more
The newly branded “Bureau of Consumer Financial Protection,” formerly known as the “Consumer Financial Protection Bureau,” has announced a settlement with Wells Fargo Bank
 Bureau of Consumer Financial Protection Hits Wells Fargo With $1 Billion Fine
The newly branded “Bureau of Consumer Financial Protection,” formerly known as the “Consumer Financial Protection Bureau,” has announced a settlement with Wells Fargo Bank, assessing a $1 billion penalty against the bank. The Bureau’s... Read more
The intersection of homeownership and racial disparity was in the spotlight with a new data analysis of mortgage denial rates based on race and a surprise announcement that the federal government is taking a second look at charges of racial discrimination
 Racism Questioned in Mortgage Denial Rates and New Facebook Probe
The intersection of homeownership and racial disparity was in the spotlight with a new data analysis of mortgage denial rates based on race and a surprise announcement that the federal government is taking a second look at charges of... Read more
It was up-up-and-away in the latest housing data, with mortgage rates and home prices both hitting four-year highs
 Four-Year Highs for Mortgage Rates and Home Prices
It was up-up-and-away in the latest housing data, with mortgage rates and home prices both hitting four-year highs.   Freddie Mac’s latest Primary Mortgage Market Survey (PMMS) found the 30-year fixed-rate mortgage (FRM) averaged 4.47... Read more
Altisource Portfolio Solutions SA has announced the appointment of Patrick McClain as Senior Vice President, Hubzu Auction Services
 Patrick McClain Joins Altisource as SVP, Hubzu Auction Services
Altisource Portfolio Solutions SA has announced the appointment of Patrick McClain as Senior Vice President, Hubzu Auction Services, reporting to Joseph A. Davila, President, Servicer Solutions. McClain will be responsible for driving the... Read more
Ocwen Financial Corporation has announced that its Board of Directors has appointed Glen A. Messina as President and Chief Executive Officer
 Ocwen Names Glen Messina President and CEO
Ocwen Financial Corporation has announced that its Board of Directors has appointed Glen A. Messina as President and Chief Executive Officer, effective concurrently with the closing of Ocwen’s previously announced acquisition of PHH... Read more
Primary Residential Mortgage Inc. (PRMI) has named Ronnie Chinchilla as PRMI Giving Network Manager
 Ronnie Chinchilla Named PRMI Giving Network Manager
Primary Residential Mortgage Inc. (PRMI) has named Ronnie Chinchilla as PRMI Giving Network Manager. The PRMI Giving Network was introduced in September of 2017 by PRMI’s Board of Directors and executive team. The service initiative... Read more
Caliber Home Loans has announced a new partnership with FirstFunding, a provider of warehouse facilities for non-delegated correspondent lenders
 Caliber Forms Partnership With FirstFunding
Caliber Home Loans has announced a new partnership with FirstFunding, a provider of warehouse facilities for non-delegated correspondent lenders. Together, Caliber and FirstFunding will bring Caliber Express Connect to meet one of the... Read more