Mortage News

Cloudvirga has announced that company Co-Founder Kyle Kamrooz has been accepted into the Forbes Finance Council
 Cloudvirga Founder Kyle Kamrooz Named to Forbes Finance Council
Cloudvirga has announced that company Co-Founder Kyle Kamrooz has been accepted into the Forbes Finance Council, an invitation-only community for senior-level finance executives. Kamrooz joins other hand-selected Forbes Finance Council... Read more
The National Association of Hispanic Real Estate Professionals (NAHREP), in association with RADIAN, has announced the release of its fourth annual Top 250 Latino Mortgage Originators Report
 NAHREP Honors the Top 250 Latino Mortgage Originators
The National Association of Hispanic Real Estate Professionals (NAHREP), in association with RADIAN, has announced the release of its fourth annual Top 250 Latino Mortgage Originators Report, recognizing the top producing Latino mortgage... Read more
A study of Detroit tax foreclosures enacted between 2011 and 2015 has concluded that 10 percent of these foreclosures were due to over-assessments
 Study: One in 10 Detroit Foreclosures Due to Over-Assessments
A study of Detroit tax foreclosures enacted between 2011 and 2015 has concluded that 10 percent of these foreclosures were due to over-assessments.   According to a Detroit News report, a new study by Bernadette Atuahene, a law professor... Read more
Government regulations are responsible for nearly one-third of all multifamily development costs, according to new research released by the National Association of Home Builders (NAHB) and the National Multifamily Housing Council (NMHC)
 Regulations Blamed for Nearly One-Third of Multifamily Development Costs
Government regulations are responsible for nearly one-third of all multifamily development costs, according to new research released by the National Association of Home Builders (NAHB) and the National Multifamily Housing Council (NMHC... Read more
TMS has announced the addition of Tom Gillis to lead the company’s West Correspondent Sales team as Senior Vice President of Correspondent Sales
 Tom Gillis Tapped to Lead TMS’ Western Correspondent Team
TMS has announced the addition of Tom Gillis to lead the company’s West Correspondent Sales team as Senior Vice President of Correspondent Sales. Gillis will work alongside DJ Ziggas, who recently joined the company as Senior Vice... Read more
Real estate history is being made in Rome on June 28 when the luxury brokerage Hilton & Hyland will conduct the first-ever property auction using blockchain technology.
 First Blockchain Real Estate Auction to be Held in Rome
Real estate history is being made in Rome on June 28 when the luxury brokerage Hilton & Hyland will conduct the first-ever property auction using blockchain technology.   The property being offered for blockchain auction is The... Read more
The first quarter of this year saw a spike in activity related to home equity lines of credit (HELOC), according to new statistics from ATTOM Data Solutions
 HELOC Activity Dominated Q1 Housing Data
The first quarter of this year saw a spike in activity related to home equity lines of credit (HELOC), according to new statistics from ATTOM Data Solutions.   During the first quarter, 347,875 HELOCs were originated on residential... Read more
The delinquency rates for commercial and multifamily mortgage loans were virtually unchanged from the fourth quarter of last year to the first quarter of this year
 Commercial and Multifamily Delinquency Rates Hold Steady
The delinquency rates for commercial and multifamily mortgage loans were virtually unchanged from the fourth quarter of last year to the first quarter of this year, the according to the latest Commercial/Multifamily Delinquency Report... Read more
After two weeks of decline, mortgage rates were on the rise again, according to new data from Freddie Mac
 Mortgage Rates Up, Homes Selling Faster
After two weeks of decline, mortgage rates were on the rise again, according to new data from Freddie Mac.   Sam Khater, Freddie Mac’s Chief Economist, saw a positive aspect to the increasing mortgage rates and with the yesterday’s... Read more
For the second time in three months, the Federal Reserve has announced a rate hike
 Fed Hikes Rates Again
For the second time in three months, the Federal Reserve has announced a rate hike.   “In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 1-... Read more