Low mortgage rates have boosted refinancing loans, and that led to continuing lower fraud risk and loan application defects in June.
Read More »Chronos Solutions Names New Chief Information Officer
Chronos Solutions, a national real estate financial services provider based in Texas, has named Arun Pimpalapure as the company’s Chief Information Officer,
Read More »Rising SFR Rents Indicate Healthy Tenant Demand
Increasing rents on single-family properties throughout the U.S. suggest tenant demand is robust—and staying that way.
Read More »How Investing in Customer Experience Helps Servicers
Contrary to some reports in the mortgage industry that customer experience investments are unnecessary and unprofitable, a recent study indicates that investing in the customer experience does pay off for mortgage servicers.
Read More »What’s Holding Back Pending Home Sales?
A number of factors hampered what was supposed to have been a boost to mortgage activity in June, leaving pending home sales up slightly but essentially flat for the month.
Read More »It Looks at Lot Like 2008 for New Home Sales
Sales of newly constructed homes took a sharp upturn in June, making the month the best for new home sales since the eve of the housing crash.
Read More »How New Servicing Rules Affect Community Lenders
Post-crisis Wall Street reform actions were aimed at preventing larger banks from engaging in risky financial practices. How have smaller institutions been affected?
Read More »Obama, Warren Assess Progress of Wall Street Reform
President Obama met with Sen. Elizabeth Warren, the primary architect of the Consumer Financial Protection Bureau and a champion of Wall Street reform, over the weekend to talk about how far the American financial system has come since the crisis.
Read More »Economic Uncertainty Fuels House-Buying Power
Record-low yields on U.S. treasuries are keeping mortgage rates down near all-time lows, which in turn is driving increases in house-buying power and affordability.
Read More »The Week Ahead: The Ups and Downs of New Home Sales
New home sales rode high in April, but were shot down in May. How will they do in June? The industry will find out when HUD/Census Bureau release June's report.
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