While an expanded review of its loan modification products revealed more borrowers being impacted than originally envisaged, here are some steps that the bank plans to take to remediate this error.
Read More »Budget Blues
Where do people live within their means and which city’s residents are struggling to make ends meet? A new survey gave some surprising insights.
Read More »Missed Opportunity
In a rising mortgage rate environment, how much do homebuyers today have to earn to afford the mortgage on an average-priced home? How much could they have saved if they made it to the market sooner?
Read More »LoanLogics Enhances its Investor Module
The new improvements for correspondent loan acquisition is aimed at giving lenders and investors the ability to conduct and manage direct trade commitments.
Read More »The Week Ahead: Analyzing Millennial Borrowers
With young Americans taking over the housing market, an upcoming report seeks to understand their borrowing habits. Find out more in the Week Ahead.
Read More »QRL to Leverage DocMagic Technology
DocMagic’s eVault Technology will be used by QRL to purchase eNotes from correspondent clients.
Read More »A Housing Market Update
The latest data on employment, Fannie Mae’s third-quarter results and Goldman Sachs’ mortgage settlement target are making the news. Here’s how these three seemingly disparate events are affecting the housing market.
Read More »Acceptable Risks
An analysis comparing mortgage credit underwriting during the second quarter and last year made some interesting discoveries.
Read More »Business Fundamentals of Freddie Mac
As the GSE completes 10 years under conservatorship, see what its third quarter results say about Freddie’s business practices over the years.
Read More »Citadel Launches New Product
Citadel's Outside Dodd-Frank Plus Program builds on the company’s highly successful Outside Dodd-Frank Program to offer loans on properties up to 35 units.
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