Mortgage fraud risk is being lowered by changes in residential origination practices and new regulation, according to a Fitch Ratings report released Tuesday.
Read More »Aspen Grove Solutions Partners With MB Field Services
Aspen Grove Solutions (AGS), a provider of property centric technology solutions to the financial and mortgage services industry, has announced its partnership with Atlanta-based MB Field Services (MBFS), a national property preservation and inspection company to their list of clients.
Read More »RedVision Completes SOC 2 Security Control Standards Exam
RedVision has successfully completed a comprehensive Service Organization Controls 2 (SOC 2) Type 1 standards of control examination, according to an announcement from the company.
Read More »Purchase Loans Risk Rises for the Seventh Consecutive Month
Agency purchase loans became just a bit riskier in July 2015, climbing upward by 0.6 percentage points from the previous July and marking the seventh consecutive month with a year-over-year increase.
Read More »HUD & FHA Urge Homebuyers to Inspect Homes Before Purchasing
HUD and the Federal Housing Administration are urging homebuyers to have their homes inspected prior to purchasing to avoid unanticipated issues.
Read More »FHA’s Proposed Servicing Reforms Limit Access to Credit
The Federal Housing Administration's proposed servicing reforms are limiting credit access to borrowers by altering the time frame for filing insurance claims.
Read More »G20 Economies Growth Forecast Revised Downward to 2.8 Percent
The gross domestic product growth in the Group of Twenty economies has been revised downward for next year, according to a report from Moody's Investors Services released Friday.
Read More »International Officials Urge Fed to Proceed With Rate Increase
International officials and bankers have voiced that they are tired of the hesitancy seen within the Federal Reserve when discussing interest rate increases.
Read More »Home Price Declines Riskiest in Oil-Producing States
As gas prices continue to decline, oil-producing states remain at high-risk for home price decreases, according to Fannie Mae's recent edition of Housing Insights.
Read More »GDP Growth Expands to 3.7 Percent for Second Q2 Estimate
Real GDP growth in Q2 is way up from a paltry 0.6 percent annual growth rate in Q1 and at 3.7 percent is now way ahead of forecasts for the remainder of 2015. But when all economic factors are considered, is the news all good?
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