Nonbanks originated about half of all mortgages in 2016 and 75 percent of mortgages insured by the FHA or VA. However, a recent study by the Brookings Institution ...
Read More »The Ups and Downs of Housing Values
Home prices in February hit a four-year high, capping a 72-month run in which median home values rose nationally, according to a report by Redfin. But just because ...
Read More »Fidelity National Acquires Stewart Information Services for $1.2B
One of the country’s largest title insurance companies, Fidelity National Financial Inc (FNF), has signed an agreement to acquire Stewart Information Services, for $1.2 billion, Fidelity said in ...
Read More »MPF Program and Ginnie Mae Surpass $1 Bn in MBS
The MPF Program recently surpassed $1 billion in mortgage-backed securities (MBS) issued. The MPF Government MBS product was the result of a partnership forged by the Federal Home ...
Read More »Caliber Home Loans Launches Mobile Platform
Coppell, Texas-headquartered Caliber Home Loans, Inc. (Caliber), has announced the launch of a new mobile platform. Featuring three mobile phone apps customized for three user groups–borrowers, the Caliber ...
Read More »“Transparency and Accountability”: HUD Working to Streamline Processes
On Thursday, HUD Secretary Dr. Ben Carson announced new measures to protect the financial integrity of the department. "We simply need to do better. An updated system of internal controls ...
Read More »Dodd-Frank Modification Bill to Benefit Small Lenders
The United States Senate today voted to advance S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, after several weeks of debate, amendments, and negotiation. On Wednesday afternoon, the ...
Read More »New Construction Was Solid Last Year, But Not Everywhere
The number of home permits nationally was up 6 percent in 2017, according to a new report by construction industry website ConstructConnect. However, that average belies a wide ...
Read More »Chicago Town Hall Hosts Mortgage and LGBT Leaders
On Wednesday, March 14, 2018, the American Mortgage Diversity Council (AMDC), in partnership with Federal Home Loan Bank (FHLB) of Chicago, hosted a town hall discussion with leaders from the ...
Read More »What’s It Worth? Home Valuations After a Disaster
Now and then, Mother Nature reminds us of her power—but 2017 was outrageous. It was a record-breaking year for disasters. According to a recent New York Times report, the combined ...
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