Quicken Loans released their Home Price Perception Index for August, which showed a continued gap between appraisal values and homeowners expectations. By region, the nation was split as to whether homeowners over, or underestimated the value of their home.
Read More »Proctor Financial Lends Aid to Harvey Victims
Proctor Financial, a provider of lender-placed insurance announced how it will be helping efforts in southeast Texas due to Hurricane Harvey.
Read More »Ellie Mae to Acquire Velocify
Ellie Mae, a cloud-based platform provider for the mortgage finance industry, announced it has signed a definitive agreement to acquire Velocify, a sales acceleration platform.
Read More »Ellie Mae Announces New SVP of Engineering
Ellie Mae, a cloud-based platform provider for the mortgage finance industry, has announced Dinesh Shahane as their SVP of Engineering.
Read More »McCabe, Weisberg & Conway Expands
McCabe, Weisberg & Conway, P.C., (MWC), a default services law firm representing mortgage lenders, banks, mortgage servicers, and financial institutions, announced that it expanded its “one-firm experience” to Florida, ...
Read More »Assurant Committed to Harvey Relief Efforts
The devastating aftermath of Hurricane Harvey has Assurant, a risk management solutions company, responding to the extensive homeowner and flood insurance claims from Texas and Louisiana. According to ...
Read More »Housing Market Heating Up Down South
The Texas Association of Realtors (TAR) released its Midyear Review Report on Friday, which boasted an increase in home values, home sales volume, and listing activing. The report ...
Read More »A Good Day for Treasuries
Treasury yields are commonly linked to mortgage interest rates, and Friday saw a drop in yields for the 10-year, 30-year, and 2-year bonds in anticipation of speeches given by Esther George, President and CEO of the Federal Reserve Bank of Kansas City, and Patrick Harker, President and CEO of the Federal Reserve Bank of Philadelphia.
Read More »President of Cleveland Fed Issues Warning on Rate Hikes
Loretta Mester, President of the Cleveland Federal Reserve, issued a statement on her thoughts on current monetary policy, the economic outlook, and words of wisdom concerning the Fed’s approach to raising interest rates.
Read More »Wells Fargo Acquires $51 Billion in MSRs from Seneca
Wells Fargo will take over billions in mortgage servicing rights from Seneca Mortgage Investments, which will stop servicing loans altogether.
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