News

Out of hundreds of nominations from across the mortgage industry, MReport released its 2017 Women in Housing List, featuring a number of well-established female leaders that have made names for themselves and been recognized by their peers.

This Wednesday, the Federal Reserve will release the Beige Book, determining whether the economy is overheating or experiencing inflationary pressures. Take a look at what was reported in the last Beige Book and more in The Week Ahead.

McCalla Raymer Leibert Pierce, announced the addition of Doug Oliver as Member and Managing Partner for Illinois Foreclosure. Oliver was previously a partner at the firm Anselmo Lindberg Oliver, LLC in Naperville, Illinois.

Mortgage Contracting Services announced that the company has completed its Service Organization Control, Type # SOC 2 examination. The examination was administered by the CPA firm, Schellman & Company, LLC.

To help alleviate unwanted phone calls for consumers, the FCC is proposing a database of reassigned numbers for robocalling. Credit union associations believe it has potential, but it could be too cost prohibitive for small entities.

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, recently announced Jefferson L. Sherman of Ohio as its 2018 VP.

The House of Representatives will soon return from summer recess and vote on the first phase of emergency relief money for areas affected by Hurricane Harvey. Take a look at how they plan on keeping FEMA operating while still funding federal disaster relief.

Sellers are still in control of the market, but buyers may be becoming less willing or able to pay. See what recent data has to say about the supply and demand dynamic in the housing market.

Overall construction spending is on a downturn, dropping by about $8 billion in July alone, but there's a silver lining for the housing industry: residential construction is actually up.

Wells Fargo employees allegedly opened another 1.4 million fake accounts, putting the total number of fraudulent accounts at an estimated 3.5 million. Take a look at what CEO Tim Sloan had to say.