For most Americans, the largest obstacle to achieving the American Dream of homeownership—particularly for first-time buyers—is still saving for a down payment.
Read More »Gap Widens Between Homeowners’ and Appraisers’ Opinions
Home valuations across the country are on the rise, but so are homeowners’ perceptions of what their homes are worth—at a slightly higher rate.
Read More »Landmark Network Appoints New Chief Strategy Officer
Landmark Network, Inc., a California-based provider of valuation management services and technology for mortgage lenders and mortgage brokers, has announced the addition of Robert Scheer to the company as Chief Strategy Officer.
Read More »Fifth Third Names New SVP of Mortgage Division
Edward L. Robinson has been named SVP and head of Fifth Third Mortgage, where he will be responsible for overseeing all mortgage-related functions at Fifth Third.
Read More »Ginnie Mae Welcomes New Chief Operating Officer
Nancy Corsiglia will join Ginnie Mae as Executive Vice President and Chief Operating Officer, reporting to President Ted Tozer, Ginnie Mae announced on Monday.
Read More »OCC: Compliance Risk Remains High
The banks' regulator said that complying with TRID, which went into effect on October 3 last year, is still a challenge.
Read More »Lower-Wage Earners Spend Larger Share on Mortgages
Low mortgage rates may be enticing new homebuyers, but according to one report, not everyone is able to easily keep up with their payments.
Read More »The Week Ahead: Non-Bank SIFI Process Under Microscope
The process by which the Financial Stability Oversight Council, an agency created by Dodd-Frank, designates non-bank firms as "systemically important financial institutions" will be examined in a Congressional hearing on Thursday, July 14.
Read More »KBRA Cautions Investors About Stress Test Results
While the tests may have shown that the largest bank holding companies are capitalized enough to withstand the Fed’s hypothetical severely adverse economic scenarios, KBRA believes investors should beware.
Read More »Refi Requests Skyrocket in Brexit Aftermath
The aftermath of Brexit in the U.S. has been mortgage rates hovering just above their historic low level set nearly four years ago, which prompted the spike in refinance requests.
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