Headlines

Black Knight Financial Services' Data and Analytics division released its August 2015 Home Price Index report, finding that U.S. home prices were up 0.3 percent in August and up 5.5 percent year-over-year.

Pavaso Inc., recently announced the completion of its pioneering end-to-end digital process for the mortgage/real estate industry with the addition of its sales contract negotiation tool for real estate agents.

First Guaranty Mortgage Corp., a Virginia Corp., has named Jane Gershman as its National Servicing Director. Prior to her new role, Gershman was SVP of Servicing Operations at SUNTRUST. In addition, she also served as Prior SVP, Loss Mitigation Division, ServiceLink; EVP, Loan Servicing Operations, CITI Residential Lending (formerly AMC Mortgage Services), where she also held the positions of SVP, Loan Servicing, President, AMC Insurance Agency, and President Town & Country Trustee Services

Parkside Lending, a national wholesale and correspondent lender, recently announced its insurance subsidiary PSL Insurance Company, LLC has been approved to become a member of the Federal Home Loan Bank of Cincinnati.

Clayton Holdings LLC, a provider of loan due diligence, surveillance, REO management, and consulting services to the mortgage industry, recently welcomed Andrew Pollock as senior managing director of Clayton Consulting Services.

The traditional mortgage lending days are nearly over. Technology is taking the industry by storm with new innovations that are moving mortgage lending closer to a completely online process.

All-cash transactions comprised nearly 31 percent of all single-family residential home sales nationwide in July 2015, marking a decline of more than three full percentage points year-over-year, according to CoreLogic cash sales data released on Friday.

As consumers purchase more homes, remain current on mortgage payments thanks to low rates, and employment continues to grow, the housing market continues to show improvement.

Members of the National Appraisal Congress, a Five Star Institute Membership Group that advocates and develops sustainable solutions for the residential valuations industry, recently met with members of Congress and appraisal regulators to deliver a comprehensive solution for training the next generation of appraisers while removing existing inefficiencies from the process.

Although HUD's has been instrumental in fighting housing discrimination and poverty, it has failed to meet its original goal to “not only to relieve the symptom of poverty but to cure it and, above all, to prevent it," President Lyndon Johnson said.