After suffering a major drop in November 2015 and recovering with the largest monthly increase ever recorded in December, existing-home sales seem to have found their balance to start the new year.
Read More »3 Ways Lenders Can Improve Appraisal Compliance Operations
In the heavily-regulated mortgage environment we live in, appraisal compliance can easily become another tasks on a long list. Janice Buchele, SVP of Residential Operations at The William Fall Group explains how lenders can ensure that they are paying close attention to compliance efforts in appraisal operations.
Read More »Are New Homebuyers Feeling the Effects of TRID?
Over five months after the implementation of the TILA-RESPA Integrated Disclosure rule, first-time buyers are still enduring its consequences with closing delays on home purchases. See what analysts believe will happen after the TRID backlog subsides.
Read More »The Week Ahead: Will Existing Home Sales Find Their Balance?
Expect to see an influx of industry news in the last full week of February, including the highly-anticipated existing-home sales report from the National Association of Realtors. The last two reports on existing sales for November and December were hot and cold. Now, the industry is wondering what January's report will reveal.
Read More »SEC Commissioner: ‘Transparency, Accountability Central to Efforts in Financial Markets
The Securities and Exchange Commission is shifting its focus toward greater transparency amid the rapid and significant technological innovations going on in our financial markets, while maintaining and instilling greater accountability.
Read More »5 Implications of Low Oil Prices on the Housing Market
The mortgage industry has been monitoring the huge decline in oil prices closely to see if it will have a negative effect on housing, but the truth is, there are both good and bad outcomes to this new crisis.
Read More »Fannie Mae’s Single-Family Business Suffers from Credit Expenses
Just one day after FHFA Director Mel Watt stated during an address in Washington, D.C. that risks facing the Agency (namely the GSEs’ declining capital buffer) are “certain to escalate” the longer the conservatorships of the GSEs continue, Fannie Mae reported an annual net income of $11.0 billion for 2015—a decline of 23 percent from the previous year’s net income of $14.2 billion.
Read More »Ten-X Announces Partnership With CCIM Institute
Ten-X (formerly Auction.com), an online marketplace for real estate, recently announced that it has formed a partnership with Certified Commercial Investment Member Institute.
Read More »DocMagic Releases New TRID Compliance Guarantee for Lenders
DocMagic, Inc., a provider of fully-compliant loan document preparation, compliance, eSign, and eDelivery solutions, recently announced the development of a set of new reps and warrants for its calculations, documents, and data.
Read More »How a Decline in Labor Will Raise Home Prices
Zillow says there is a direct link to immigration and construction labor costs. See how this correlation will affect home builders.
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