From mergers and promotions to new apps and platforms, get the latest buzz on the mortgage industry in this weekly update. WMIH Corp and Nationstar Mortgage Holdings Inc. ...
Read More »Freddie Mac posts a Q4 Loss
Like its sister agency, Freddie Mac this week reported large Q4 losses that will require government bailout money for the first time since 2012. The major difference is that Freddie ...
Read More »Housing Market to Get More Competitive This Spring
Spring is in the air and with it, the housing market is expected to heat up as buyers compete to get maximum value from a limited inventory of ...
Read More »House Passes TRID Improvement Act
On Wednesday evening, the House passed two regulatory relief bills are aimed at benefiting both consumers and lenders. The TRID Improvement Act of 2017 is aimed at modifying ...
Read More »Lower Mortgage Rates in November Increase Refis
Refinances by the Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac increased in December 2017, according to the Fourth Quarter Refinance Report released by the Federal Housing ...
Read More »The Hidden Costs of Owning a Home
There’s more to the cost of owning the home than mortgage and down payment of a house. According to a survey by personal finance website, Bankrate.com, The average ...
Read More »Homeowners’ Value Perception Takes a Tumble
After seizing positive numbers for seven months straight, the disparity between an appraised value and homeowners’ expectations of the said value expanded in January, according to Quicken Loans’ National ...
Read More »How Did Fannie’s Q4 Numbers Fare?
On Wednesday, Fannie Mae released its Q4 2017 financial statement, and as expected, the GSE posted major losses for the quarter. It also posted an annual revenue in 2017 that was ...
Read More »Can Blockchain Shift a Reliance on Paper?
Despite using technology to store data, the industry still relies on paper for support documentation. This may no longer be needed with new technologies and apps filling the gap.
Read More »Former Capital One Exec to Lead Citizens Bank Mortgage Biz
The mortgage industry was shaken in November 2017, when Capital One announced that it would be moving out of the lending business and closing its Mortgage and Home ...
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