Lenders across the U.S. appear to be offering borrowers a second chance at obtaining a mortgage by originating more subprime mortgages for borrowers with credit scores under 620.
Read More »Housing Markets Continue to Show Stability
As more consumers catch up on their mortgage payments, employment progresses, and home prices rebound, the housing market continues to improve and exhibit more stability.
Read More »Former Fannie Mae Executives Agree to Settlement With SEC
Two former Fannie Mae executives have agreed to settle with the Securities and Exchange Commission to resolve claims of fraud regarding Fannie Mae's subprime exposure before the financial crisis, according to media reports.
Read More »Over a Quarter of Homes Depreciated in the Last Year
Housing market home values are leveling off, but there are still a few markets that are struggling to escape recession times, according to Zillow's August Real Estate Market Report.
Read More »Servicers Must Ensure Compliance Under Regulatory Spotlight
New regulations and federal oversight have servicers constantly under the gun. They must learn the rules of the road for creating effective compliance and business development strategies in today’s evolving servicing market.
Read More »Five Star Pays Tribute to Women in Housing
Although women holding key leadership positions in the housing industry is a rarity, there are a number of female trailblazers that have established a name for themselves in a male-dominated market.
Read More »Five Star, Auction.com, Operation Homefront Reward Veterans With Mortgage-Free Homes
Representatives from Auction.com and Operation Homefront were on hand at the 2015 Five Star Conference in Dallas on Thursday night to assist Five Star President and CEO Ed Delgado with the donation of six mortgage-free homes to wounded veterans as part of the Military Heroes Keys for Life Event.
Read More »Regulatory Burden and Compliance Tackled by Industry Experts
With regulatory oversight continuing to weigh heavier on the mortgage industry, compliance may be the only solution to avoid fines and penalties.
Read More »Investment Market Challenges Addressed
The housing market has made its way back from crisis times, but investors still face unexpected challenges. The key to investors' ability to capitalize on opportunities that exist is knowledge.
Read More »Federal Reserve Leaves Interest Rates Unchanged in Meeting
The Federal Reserve decided on Thursday to keep the federal funds target rate at zero to 1/4 percent, where it has been for nine years, at the September meeting of the Federal Open Market Committee.
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