News

Boston-based Eastern Bank, a full-service commercial bank recently announced the appointment of Steven L. Antonakes as SVP and chief compliance officer. He will report directly to Barbara Heinemann, EVP of Eastern Bank’s Enterprise Risk Management division.

LRES Corp., a national appraisal and REO management company offering property valuations, asset management, and technology solutions for mortgage bankers, lenders, servicers, credit unions, and private investors, recently announced the hiring of Nick Grant as its new SVP of sales.

Ocwen Financial has enjoyed a couple of favorable outcomes in the last week after a tumultuous 2014 and first half of 2015, with positive reports from Wells Fargo certificate holders and an independent monitor.

HUD recently launched their HUD Resource Locator, a mobile app and website to further expand and enhance traditional HUD customer service among consumers.

Forecasters expect U.S. economic growth to slow down slightly over the next four years as unemployment remains steady.

Applications for new home purchases dropped 4 percent in July compared to the prior month, according to the Mortgage Bankers Association Builder Application Survey data for July 2015.

GOBankingRates listed the top 11 up-and-coming housing markets for U.S. homebuyers, finding that the Denver, Colorado is a rapidly growing housing market.

DocMagic, Inc., will finally release their SmartCLOSE technology August 15, 2015, according to an announcement from the company.

First American Financial Corporation recently announced the launch of its new PredProtect enhancements and schema, along with the availability of its Release Candidate testing site.

Fixed mortgage rates stopped their downward fall and headed back up for the first time in four weeks, according to Freddie Mac's Primary Mortgage Market Survey.