Nearly a week after Tim Sloan’s hearing in front of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Wells Fargo’s Idaho Regional President of Operations is saying that though the unauthorized activity didn’t surface in Idaho, his numbers are reflecting the mishap.
Read More »New York City Delinquencies Show Record Rise in Q3 2017
New York City first-start foreclosures are up a record 79 percent year-over-year, with all five boroughs posting increases. Still, they are down from Q2 2017 by 6 percent, ...
Read More »First American Mortgage Solutions Named Vendor for Fannie Mae’s Day 1 Certainty Program
First American Mortgage Solutions, LLC, recently announced it is one of a few vendors able to offer data verification for all three components of Fannie Mae’s Desktop Underwriter ...
Read More »Chronos Solutions Announces New Services
Chronos Solutions, a Coppell, Texas-based national real estate financial services provider, announced that it is now providing reporting services through Fannie Mae's Day 1 Certainty program. Among the ...
Read More »HLP Announces New Addition to its Board of Directors
HLP, a collaborative created in 2009 that engages the key stakeholders who work with families on homeownership—nonprofit counselors, advocates, mortgage lenders, servicers and investors, attorneys and government agencies, ...
Read More »The Fed’s Latest RMBS Purchase
The Federal Reserve purchased over $7 billion in agency mortgage-backed securities last week--see the details of the purchase as well as who might be in line to take over for Fed chair Janet Yellen here.
Read More »The Power of the Underwriter
In industries where price competition is fierce, finding other ways to bolster a company’s brand is vital for success and survival. In the mortgage industry, one proven way to do this is by making the underwriting experience as productive and efficient as possible.
Read More »The Week Ahead: HUD, Treasury, and Fed Nominations
This week, the Department of Housing and Urban Development, Federal Reserve System, and Department of the Treasury have scheduled spots on the Senate calendar for key nominations in their departments. See who they are as well as what else is to come in The Week Ahead.
Read More »Buffett Talks Market Conditions and Big Banks
Warren Buffett talks current market conditions, and may have admitted which of the big banks is his favorite. Find out what the billionaire investor admitted in this recent interview.
Read More »What TRID Did: A Mortgage Insurer’s Perspective
Since its advent, the ripple effects of TRID have been felt with the GSEs implementing a more robust framework for eligible insurers, and state insurance departments are considering a uniform update to state laws that are applicable to MI companies.
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