The 12th Annual Five Star Conference in Dallas last month included the inaugural Single-Family Rental Lab. Now, Five Star Institute is expanding its footprint in the burgeoning single-family rental market with its inaugural Single-Family Rental Summit October 11 to 13, 2015, in Las Vegas.
Read More »Fannie Mae & Freddie Mac Q2 Earnings Reach $8.8 Billion
The combined second quarter 2015 earnings of Fannie Mae and Freddie Mac increased $2.4 billion from the first quarter to a total of $8.8 billion, according to the Quarterly Performance Report of the Housing GSEs from the Federal Housing Finance Agency.
Read More »CFSI Loan Management Welcomes New VP of Business Development
CFSI Loan Management has added David Olson to their team as VP of business development. He comes to CFSI Loan Management after having spent more than 20 years in various roles with various business services and niche financial services firms.
Read More »SEC Charges Home Loan Servicing For Material Misstatements Related to Ocwen
The Securities and Exchange Commission announced Monday that it has charged Home Loan Servicing Solutions for making "material misstatements" about handling transactions with related parties, including Ocwen Financial Corp.
Read More »Cash-Out Refinances Rise As Borrowers Capitalize on Increased Equities
Cash-out refinance volume rose nearly 70 percent year-over-year in the second quarter of 2015, as borrowers took advantage of the increased equity available to them and historically low mortgage interest rates.
Read More »House to Vote on TRID ‘Hold Harmless’ Grace Period Next Week
The House of Representatives will vote next week on a bill that will provide a hold harmless grace period for the Consumer Financial Protection Bureau's TILA-RESPA Integrated Disclosure Rule, which is set to go into effect October 3.
Read More »Housing Growth Could Slow With Weak September Jobs Report
The lower-than-expected labor market gains for September brought the average monthly job growth for the year down below 200,000, which could possibly slow down the heretofore robust activity for the housing industry so far in 2015.
Read More »TRID: A Step Into the Unknown
Amid all the consternation about the looming TILA-RESPA Integrated Disclosure Rule effective date of October 3, one analyst believes that the biggest unknown about TRID is just that—unknown.
Read More »St. Louis Fed President Calls for More Regulatory Relief for Community Bankers
Small, community banks require more regulatory relief, especially those that hold mortgage originations, so what can be done to reduce this burden?
Read More »Residential Construction Spending Increases in August
The U.S. Census Bureau reported Thursday that residential construction spending increased 0.7 percent in August to an estimated seasonally adjusted annual rate of $1,086.2 billion from the upwardly revised estimate of $1,079.1 billion in July.
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