Two of the nation's independent appraisal management companies have joined forces, turning Solidifi into the third-largest residential real estate valuations firm in the U.S. Releasing an official statement, Solidifi announced that it had completed a consolidation deal with Kirchmeyer & Associates as part of the growth strategy the company initiated in 2012.
Read More »Will 2013 Bring Declining Originations and Rising Interest Rates?
According to one mortgage lender, we can expect declining originations, rising interest rates, and fewer mortgage professionals.
Read More »Carrington Mortgage Opens New East Coast Facilities
The lending division of Carrington Mortgage Services, LLC is expecting serious company growth in 2013--and it starts with new offices in Indiana and Connecticut, the company announced. The two new operations centers (located in Fishers, Indiana, and Enfield, Connecticut) will be dedicated to serving the East Coast from both the retail and wholesale lending perspective.
Read More »Mortgage Harmony, LenderLive Partner to Spread Word on Product
Mortgage Harmony Corp., a Virginia-based provider of innovative residential loan products, and LenderLive Network, Inc., announced an alliance to enhance market awareness of Mortgage Harmony's HarmonyLoan product.
Read More »USFS Names New President
In Michigan, United Shore Financial Services, LLC (USFS) has a new leader at the helm. The company named Mat Ishbia as president. Ishbia previously served as president of United Wholesale Mortgage (UWM), USFS' largest division and the fastest-growing wholesale mortgage lender in America.
Read More »NAHB’s Improving Markets Index Jumps Again, Reaches 242 in January
The National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI) continued its trend of marked monthly improvements in January, according to a release from the NAHB. The index rose for the fifth consecutive month in January to reach 242, once again achieving a record high. According to the NAHB, the list of improving markets now includes entrants from 48 states and the District of Columbia. The only states not represented are Kansas and New Mexico.
Read More »Neuberger Berman Touts Stability for Investors in 2013
A new report from Neuberger Berman Group LLC indicates that 2013 will usher in greater stability and a reduction in uncertainty and volatility for investors. Releasing macroeconomic analysis, the company touted diversification of assets and the appeal of real estate securities during the year ahead.
Read More »NCUA Sues JPMorgan over $2.2B in WaMu Securities
The National Credit Union Administration (NCUA) filed its 10th action against a major Wall Street investment firm.
Read More »RentRange Finds New President in Mortgage Vet
RentRange LLC appointed Eric Taylor to serve as its new president. Taylor joins the company with more than 25 years in the mortgage and insurance services industry.
Read More »Nationstar Agrees to Buy $215B in Servicing Rights from BofA
Nationstar Mortgage LLC has agreed to purchase residential mortgage servicing rights (MSRs) in the amount of $215 billion in unpaid principal balance from Bank of America.
Read More »