As individuals make their way through the industry and companies merge, follow all the important highlights in this weeks update. Freddie Mac is announcing a 12-month long pilot ...
Read More »HSBC Announces Group CEO Successor
On Thursday, HSBC Holdings announced that John Flint, Chief Executive of Retail Banking and Wealth Management, is set to succeed Stuart Gulliver as Executive Director and Group Chief ...
Read More »California Wildfires: Billions in Housing Damages Estimated
As California’s raging wildfires continue to move, CoreLogic released a hazard risk analysis discovering the total number of homes at risk, along with the combined reconstruction cost values, which could result in about $65 billion.
Read More »How Risky are ARMs?
The U.S housing market focuses on the stability of the 30-year-fixed-rate mortgage, but what if adjustable-rate mortgages were more secure for the current state of economic uncertainty? In ...
Read More »Treasury to Streamline Capital Markets
The Treasury recently identified areas of capital market regulations that are in need of significant reform. Take a look at the Treasury’s assessment here.
Read More »Consumer Confidence on the Rise
On Monday, Fannie Mae’s Home Purchase Sentiment Index (HPSI), which highlights consumers’ current views and forward-looking expectations of housing market conditions, was released. The index revealed an increase in ...
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, ...
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