In July 2015, Steven L. Antonakes, the Consumer Financial Protection Bureau (CFPB)'s second-in-command official, announced in a memo to employees that he would step down from his position with the Bureau. To replace Antonakes, the CFPB named Meredith Fuchs to serve as Acting Deputy Director.
Read More »December Jobs Report Outdoes itself, Once Again
Many in the mortgage industry were anxiously waiting to view the results of the final jobs report of 2015 to see if the Federal Reserve was on track with its rate hike in December or did they act too fast?
Read More »Safeguard Properties Receives Partnership Award from Code Enforcement Agency
Safeguard Properties, the largest mortgage field services company in the United States, received the inaugural public-private partnership award from the American Association of Code Enforcement (AACE) at the AACE’s conference in Florida late last year.
Read More »LenderLive Names New Regional Account Executive for its Correspondent Lending Division
Domestic-based, end-to-end mortgage services provider, LenderLive recently announced that Jenny Klamfoth will occupy the role of regional account executive for the company’s Correspondent Lending division.
Read More »CFPB Requests Comment on HMDA Resubmissions
Lenders have been troubled by the Home Mortgage Disclosure Act (HMDA) data points for many years, but they may see some relief in the near future.
Read More »Investors Should Beware of the Bargain Bin
Investors looking for a bargain property would do wise to pay attention to the sticker price and not the hype.
Read More »Markets Down Big Time, Housing May Be Better Investment
Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. Lou Giserman discusses how the recent stock market downturn may just be the opportunity that real estate investors have been waiting for.
Read More »Consumer Sentiment Wraps 2015 on Positive Note
The year of 2015 was a year of prosperity and growth for the housing market, and in turn, consumers displayed their confidence with positive feelings toward their income, job security, and overall economic outlook.
Read More »Fed Minutes: Rate Hike a Close Call
The Federal Reserve's daring move to increase the federal funds rate just before the end of 2015 was no surprise to most, but what the mortgage industry did not know was that this initial move would only the beginning of a series of events..
Read More »Home Price Declines on the Horizon for Energy-Dependent States
While home prices have consistently been on the rise for quite some time, this upward trend could come to a screeching halt over the next two years—especially in energy-producing states.
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