The frequency of defect, fraud, and misrepresentation in information submitted during the mortgage application process has increased over the past year according to the First American Loan Application Defect ...
Read More »MReport March: Focus on Top 3 Compliance Issues
What are the top three compliance issues facing the industry? How will blockchain technology affect the title insurance industry? The March issue of MReport analyzes the regulations impacting ...
Read More »BofA Asks Higher Court to Intercede in Countrywide Suit
It all began in early February when a California District Court judge hearing a case against Countrywide Financial Corp. (which was taken over by Bank of America in ...
Read More »Georgia Leads Nation in Poor Money Management
As strange as it may seem, not all Americans are a pro at money management despite it being a skill that impacts their daily lives. WalletHub recently listed ...
Read More »After a Fall, Mortgage Apps Surge Again
Mortgage application volumes had seen a decline as mortgage rates rose steadily averaging 4.4 percent last week. But as rates steadied, application volumes increased with the weekly Mortgage ...
Read More »Freddie Mac Portfolio Up $2.4 Billion
Freddie Mac has released its latest Monthly Volume Summary, which provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. This latest ...
Read More »Pending Home Sales Slip to Their Lowest in Three Years
An overall growing economy, rising incomes, and a strong job market did little to increase the number of buyers signing on the dotted line to achieve their dream ...
Read More »Mortgage Rates, Home Prices on the Upswing
On Tuesday, the Federal Housing Finance Agency released its latest FHFA Index, showing interest rates on conventional purchase-money mortgages on the rise between December 2017 and January 2018. ...
Read More »Ocwen Drops $360 Million to Acquire PHH Corp
Ocwen Financial Corporation, an Atlanta-based financial services holding company, today announced a definitive agreement under which Ocwen will acquire all of the outstanding shares of PHH Corporation, a mortgage ...
Read More »Demand for Homes Remains Upbeat Despite Headwinds
The demand for housing is on the rise despite headwinds like inventory shortage, increased mortgage rates, and volatile stock markets according to online brokerage firm Redfin, which released ...
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