Ocwen Financial Corporation, one of the country's largest non-bank mortgage servicers, announced the appointment of Alan J. Bowers as a new independent director to the firm's Board of Directors, according to an announcement from Ocwen.
Read More »Citadel Servicing Begins Using USRES Valuation Services
U.S. Real Estate Services (USRES), a nationwide appraisal management company (AMC) headquartered in Lake Forest, California, has announced that Citadel Servicing Corporation (CSC) is using its origination broker price opinion (BPO) services, according to an announcement from USRES.
Read More »Financial Prospects Gain Optimism for Future, Fed Survey says
Individuals' optimism regarding future financial prospects increased substantially from 2013 to 2014, while perceptions of current financial well-being improved only modestly, according to a survey conducted by the Federal Reserve released Wednesday. The Fed's 2014 Survey of Household Economics and Decisionmaking, which was completed by about 5,800 individuals last fall to provide insight into various aspects of Americans' personal finances such as economic security, banking, credit access and usage, housing, household debt (including education and student loan debt), savings, and preparedness for retirement.
Read More »First American Title Releases New TRID Tool Kit for Title Agents
First American Title Insurance Company, a provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation has launched its TILA-RESPA Integrated Disclosure (TRID) Tool Kit for First American-affiliated title agents.
Read More »Auction.com adds Former LinkedIn, Yahoo! Engineer to Roster
California-based online real estate marketplace, Auction.com, has announced the addition of former LinkedIn and Yahoo! Engineer Lawrence Yuan as senior director of engineering.
Read More »Home Prices See Largest Monthly Gain Since June 2013
Black Knight’s Data and Analytics division released its monthly Home Price Index (HPI) report today that is based on March 2015 residential real estate transactions, revealing that home prices have seen their largest monthly gain since 2013.
Read More »Treasury Official Promoted to Main Housing Adviser for Obama Administration
Michael Stegman, currently the Counselor to the Secretary of the U.S. Department of Treasury for Housing Finance Policy, will step into a new position in the White House later this week when he joins the National Economic Council (NEC), according to a report from the Wall Street Journal.
Read More »Darleen Aragon Joins Credit Plus
Credit Plus announced today that it has hired Darleen Aragon, an experienced industry professional as the new regional account executive. Aragon will be offering lenders throughout the U.S. the full range of Credit Plus’ third-party verification tools in her new role.
Read More »Fannie Mae Reports Net Income of $1.9 Billion
Fannie Mae reported a net income of $1.9 billion for the first quarter of 2015, up from $1.3 billion from the previous quarter, according to Fannie Mae's Q1 2015 financial results released Thursday. The primary driver of the nearly 50 percent quarter-over-quarter increase in net income was lower fair value losses for Q1, according to Fannie Mae's announcement.
Read More »Five Star Institute and Black Knight Host CFPB Complaint Tracking Webinar
In a report recently released titled "Analysis and Study of CFPB Consumer Complaint Data Related to Mortgage Servicing Activities,” Black Knight Financial Services (BKFS) and the Five ...
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