San Francisco-based automated mortgage transaction technology provider Roostify has announced that it has completed integration with DocMagic, a provider of loan document preparation, compliance, eSign, and eDelivery solutions headquartered in Torrance, California.
Read More »Steady Home Price Appreciation on the Radar
Single-family house prices in May were up from April and from a year ago, and should steadily rise through next spring, according to CoreLogic.
Read More »Warren Bill Aims to Hold Wall Street Investors Accountable
Perpetual Wall Street enemy Senator Elizabeth Warren has introduced a new bill that purports to relieve taxpayers of the losses incurred from derivates trading and pass it on to Wall Street investors.
Read More »Will the CFPB Director be Clinton’s Running Mate?
Ohio native and head of the CFPB Richard Cordray is not formally on Hillary Clinton's list for vice president. But some Democrats think he should be.
Read More »The Week Ahead: What Does the Fed Have Up Its Sleeve?
A June rate hike was widely expected but did not occur. Now with the Brexit vote, some are suggesting it is going to be a while before the Fed raises long-term interest rates.
Read More »Effects of Brexit-influenced Rates a Mixed Bag
One week after the controversial Brexit vote, some in the industry can already see how the vote affected rates, which may in turn affect housing demand.
Read More »Loan App Defect Risk Still Trending Down
Ethical issues with mortgage applications dropped in May, continuing a years-long downswing, according to the latest First American Loan Application Defect Index.
Read More »Brexit Drives Mortgage Rates Down Near All-Time Low
Fixed-rate mortgages are dropping in the wake of the U.K.’s Brexit vote, with 30-year mortgages hitting a three-year low this week.
Read More »Existing-Home Sales Up, Albeit Slowly
The U.S. housing market remains on solid footing despite facing broader economic headwinds following a disappointing May jobs report, slowing U.S. GDP growth, and uncertainty in global markets, according to Ten-X.
Read More »Is GE Capital Too Big to Fail? Not Anymore
The FSOC reversed its determination that “material financial distress at [GE Capital] could pose a threat to U.S. financial stability.”
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