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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.

Home Prices Sustained by Falling Supply & Rising Demand

"Many markets have experienced a low inventory of homes for sale along with strong buyer demand, which is sustaining upward pressure on home prices. These conditions are likely to persist as we enter 2016,” said Dr. Frank Nothaft, chief economist for CoreLogic.

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OpenClose & LBA Ware Partner to Automate Loan Comp Process

OpenClose and Lending & Banking Automation Software announced that they have teamed up to provide an automated loan compensation process, which will no longer require companies to manually track commission and payouts. OpenClose is an enterprise-class, multi-channel, end-to-end loan origination system provider and LBA Ware provides commission automation software.

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The Collingwood Group Chairman Debates Fed Rate Hike

With one last opportunity to raise rates this year, many believe that the the Federal Open Market Committee just may follow though with an obscure promise made in the last meeting in October. The Collingwood Group Chairman Tim Rood debated the possible rate hike in December and other topics on Fox Business Network’s Cavuto.

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Mortgage Borrowing Dampened by Student Loan Debt

So how adversely does student debt affect consumers' ability to get a mortgage loan? A report from the Federal Reserve Bank of Cleveland released Monday showed that as the percentage of younger consumers with student loan debt rose over the last ten years, those with a mortgage declined.

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Fed Tightens Up on “Too Big to Fail”

One of the enduring criticisms of the Dodd-Frank Wall Street Reform Act of 2010 is that it codifies “too big to fail” and allows the government to continue to financially rescue firms that are deemed systemically important.

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Selene Finance Welcomes New EVP of Business Development

Selene Finance, LP, a specialty mortgage servicer, has added Tom Donatacci is to lead all business development efforts in the role of EVP of Business Development. Donatacci previously served as EVP of Sales at Clayton Holdings. Prior to Clayton, he was the Senior Managing Director of sub-servicing and MSR transactions at GMAC ResCap.

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