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Author Archives: Xhevrije West

Xhevrije West is a writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University.

Mortgage Loan Application Defects Lower in September

application

First American released their Loan Application Defect Index for September 2015 on Wednesday, which reflects estimated mortgage loan defect rates over time, by geography and by loan type, and estimates the frequency of defects in the information submitted in mortgage loan applications. According to the Index, loan defects in mortgage applications declined 1.2 percent from August to September. The Index is now down 20.6 percent from the high point of risk in October 2013.

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Home Prices Inch Higher in August

Black Knight Financial Services' Data and Analytics division released its August 2015 Home Price Index report, finding that U.S. home prices were up 0.3 percent in August and up 5.5 percent year-over-year.

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First Guaranty Mortgage Hires New National Servicing Director

First Guaranty Mortgage Corp., a Virginia Corp., has named Jane Gershman as its National Servicing Director. Prior to her new role, Gershman was SVP of Servicing Operations at SUNTRUST. In addition, she also served as Prior SVP, Loss Mitigation Division, ServiceLink; EVP, Loan Servicing Operations, CITI Residential Lending (formerly AMC Mortgage Services), where she also held the positions of SVP, Loan Servicing, President, AMC Insurance Agency, and President Town & Country Trustee Services

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