The most recent Ellie Mae Millennial Tracker data shows that 67 percent of closed loans secured by millennials were conventional. This represents the highest percentage in two years ...
Read More »Senate Debates Dodd-Frank Modifications on Way to Full Vote
On Wednesday, the Senate entered its second day of debate over the Economic Growth, Regulatory Relief, and Consumer Protection Act. The bill enacts modifications to the Dodd-Frank Wall ...
Read More »Four Financial Services Bills Pass the House
All eyes were on the Senate Tuesday afternoon as it took up discussion of the Economic Growth, Regulatory Relief, and Consumer Protection Act, a bipartisan bill that would ...
Read More »Veros Launches VeroPACE to Assist Lender Compliance
Veros Real Estate Solutions (Veros), a Santa Ana, California-based provider of data, analytics, and technology for the mortgage banking industry, has developed a solution for lenders specializing in PACE (Property ...
Read More »Eddie Seiler Joins Dworbell, Inc. as VP
The Washington D.C.-based Dworbell, Inc., a trade association management firm providing public policy analysis and advocacy, has announced that Edward Seiler, Ph.D. has joined the firm in the role ...
Read More »Freddie Mac Portfolio Up $2.4 Billion
Freddie Mac has released its latest Monthly Volume Summary, which provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. This latest ...
Read More »Mortgage Rates, Home Prices on the Upswing
On Tuesday, the Federal Housing Finance Agency released its latest FHFA Index, showing interest rates on conventional purchase-money mortgages on the rise between December 2017 and January 2018. ...
Read More »Ocwen Drops $360 Million to Acquire PHH Corp
Ocwen Financial Corporation, an Atlanta-based financial services holding company, today announced a definitive agreement under which Ocwen will acquire all of the outstanding shares of PHH Corporation, a mortgage ...
Read More »Powell’s Congressional Testimony Backs Further Interest Rate Hikes
On Tuesday, Federal Reserve Chairman Jerome Powell made his first appearance before Congress since being sworn into the role. Remarking on the strengthening U.S. economy, Powell told Congress that “some ...
Read More »Carrington Welcomes Back Rick Sharga as EVP
California-based Carrington Mortgage Holdings has announced that Rick Sharga has rejoined the company as an EVP. In this role, Sharga will serve as the primary spokesman for Carrington, and will ...
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