DS News sat down with Jorge Ponce, Director of Business Development & Implementation at FirstClose; Joey McDuffee, Director at Wipro Gallagher Solutions; and Kevin Watson, District Manager, Middle Tennessee at Churchill Mortgage to discuss inventory woes and the future of the market in this exclusive three-part roundtable.
Read More »REO Update: RES.NET Launches Asset Strategy Tools
dRES.NET, a leading company within the mortgage industry connecting all facets, from vendors to consumers, announced the availability of a new suite of asset strategy tools designed to ...
Read More »Consumer Financial Protection Bureau Contested Once Again
More controversy surrounding the Consumer Financial Protection Bureau has recently emerged regarding the way they are collecting data on credit offerings to small businesses. The Bureau is looking into how lenders identify and classify small businesses when deciding whether or not to provide a loan, as mandated by the Dodd-Frank Act.
Read More »Home Building Confidence Down, For Now
National home builder confidence has experience a decrease following the events of Hurricane Harvey and Hurricane Irma, according to the September National Association of Home Builders/Well Fargo Housing Market index. But the future outlook isn’t so grim.
Read More »Mortgage Contracting Services Celebrates 5-Year Anniversary in Ruston, Louisiana
Mortgage Contracting Services, LLC, a national-wide company servicing the mortgage industry is celebrating the five-year anniversary of the company's Ruston, Louisiana, office.
Read More »Real Estate Market Could Be Pivoting
The real estate market could be pivoting away from traditional models, according to a report by CNBC. A six percent commission was all but standard in the past—since then, brokers have reduced that significantly to keep up with increasing competition.
Read More »Homes Selling Like Hotcakes
RE/MAX has released its September 2017 National Housing Report, which showed that the continuing trend of restricted inventory and high demand resulted in short on-the-market times.
Read More »FHFA HARP Refinance Continue Helping Borrowers
The Federal Housing Finance Agency (FHFA) released its July 2017 Refinance Report, showing that total refinances for the month were down, which the report attributes to the fact that mortgage rates are still higher than they were year-over-year.
Read More »Building a Home Isn’t Getting Less Expensive
Necessary materials such as softwood lumber, oriented strand board, and ready-mix concrete used in homebuilding aren’t getting cheaper, according to August’s Department of Labor’s Producer Price Index.
Read More »Patenaude Named Deputy Secretary of HUD
The U.S. Senate has officially confirmed Pamela Patenaude to serve as Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD). According to a press release ...
Read More »