New home sales in April shot up to their highest level since 2008 despite tight inventory. Can they keep it up in May? HUD and Census Bureau will release the results on Thursday.
Read More »Changes Are Ahead for MERSCORP
The majority equity interest of MERSCORP, owner of the MERS System, a national electronic registry that tracks servicing rights changes, was acquired by Intercontinental Exchange.
Read More »Builder Confidence Rises to Six-Month High
All three index components—current sales, sales expectations for the next six months, and perspective buyer traffic—experienced gains in June.
Read More »OCC Stands Behind Coexistence of Banks, Fintechs
Curry reiterated in a public speech that his efforts to oversee fintechs are not meant to prevent innovation in the financial industry, but rather to encourage dialogue between banks and fintechs, according to a recent report.
Read More »Fannie Mae Appoints New Chief Audit Executive
Fannie Mae has appointed GE Capital executive J. Douglas Watt as SVP and chief audit executive effective July 11.
Read More »America’s Views on Owning a Home
As for the growing sentiment in the mortgage industry that millennials are not interested in homeownership, the survey results seem to indicate the contrary.
Read More »Carrington Welcomes New EVP of Wholesale Lending Division
Carrington Mortgage Services has announced that Patrick Flanagan has joined the company’s Wholesale Lending Division as Executive Vice President.
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