Continuing an unfortunate trend for non-bank mortgage servicers in the second quarter of 2016, Walter Investment Management reported a net loss for the three-month period ending June 30, 2016.
Read More »LoanScoreCard’s LO Connect Selected By ACC Mortgage
All Credit Considered Mortgage, Inc. (ACC Mortgage) has selected LO Connect as its integrated automated underwriting system (AUS), product and pricing engine (PPE), and distribution solution.
Read More »Homeowners’ Estimates Rising Along With Appraisals
The gap between what homeowners perceive their homes to be worth and the average appraisal shrank in July after expanding in June, according to analysis released Tuesday.
Read More »OS National Names New National Sales Executive
OS National, LLC, a Duluth, Georgia-based nationwide provider of residential and commercial title and escrow services, has named Michelle Esparza national sales executive,
Read More »HUD OIG: FHA’s Downpayment Program Has Problems
An independent watchdog said he believes that FHA’s downpayment program is in violation of the National Housing Act regarding prohibited sources for downpayment assistance.
Read More »Stress Tests Show GSEs Would Need Another Bailout
Under severely adverse economic conditions applied by the Dodd-Frank Stress Tests, Fannie Mae and Freddie Mac are projected to need another taxpayer-funded bailout.
Read More »The Best Markets for Recent Grads to Settle
The younger millennial generation has a seemingly endless checklist of qualifications for where they want to live once they get college out of the way. Where are the best places for them to live based on their checklist?
Read More »OCC Hires New Deputy Chief Financial Officer
The Office of the Comptroller of the Currency (OCC) has appointed Peggy Sherry as Deputy Chief Financial Officer.
Read More »The Week Ahead: Homeowner, Appraiser Opinions Separating
The gap between homeowers' perceptions of what their homes were worth and appraisers' valuations of those homes grew further apart in May. Did that gap narrow in June, or did it grow wider? The industry will find out on Tuesday.
Read More »Will Trump’s Economic Advisers Help Housing?
Republican presidential nominee Donald Trump's list of economic advisers is laden with financial industry executives and real estate industry executives. If Trump is elected, will this group's work help to increase the U.S. homeownership rate?
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