By expanding the capabilities of the platform, Veros Real Estate Solutions (Veros), a mortgage technology company that specializes in enterprise risk management, collateral valuation, and predictive analytics services, clients can now integrate their valuation services with their back-office systems for more seamless and scalable valuation management.
Read More »Credit Loosening Up
Mortgage credit can’t make up its mind. Compared to May, things are looking up. However, something’s holding back increases for the housing market.
Read More »CFPB Increasing Thresholds
The CFPB has proposed changes to reporting regarding HELOCs and it will majorly affect certain banks and credit unions. Read on to see what could be adjusted.
Read More »What Happened to the Financial Market?
Wells Fargo, Citigroup, and JPMorgan Chase all reported their second quarter financial earnings on Friday before the market opened in the morning; but, despite reporting earnings and total ...
Read More »Side Hustling
Uber, Mary-Kay, Cutco—they’re all business ventures that bring in extra money, but don’t need to be tended to daily like a 9-5. Millennials are using them the most—could it be part of a new way they fund a mortgage?
Read More »Unlike Anything Seen Before
Despite record-high buyer demand during the busy spring market, sales hardly increased compared to last year. What’s with the imbalance?
Read More »New Couch Syndrome: The Real Deal
First-time homebuyers spend their money differently than experienced homebuyers after they move, according to a new study conducted by the National Association of Home Builders (NAHB). Using data ...
Read More »Diversity: The Thing Homeowners All Have in Common
The Federal Housing Finance Agency has finalized four amendments to its Minority and Women Inclusion regulations. What do the amendments mean for GSEs and federal banks?
Read More »What’s a HELOC Again?
Though a standard industry term, many homeowners are scratching their heads when it comes to HELOCs. In fact, recent studies show that many homeowners don’t consider HELOCs because they simply aren’t aware of how they work. How can lenders better explain them in order for homeowners to take advantage of the opportunity?
Read More »Paradatec Passes Fannie Mae Certification
Paradatec announced Tuesday that its newly developed UCD module has successfully met all of Fannie Mae’s requirements.
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