Credit Plus Inc., headquartered in Salisbury, Maryland and a provider of insight for mortgage professionals, recently announced that the company has introduced reps and warranties coverage for all of its verification services.
Read More »Homeowners on Fast Track to Break Even on Purchases
When deciding whether or not to buy or rent a home, purchasing a home is typically more favorable in many of today's housing markets, depending on how long a buyer plans to stay, but one generation still struggles with the buy vs. rent decision.
Read More »LenderLive Welcomes New Regional Account Executive
Domestic-based mortgage services provider LenderLive, headquartered in Denver, Colorado, has announced the hiring of John Parrish as a regional account executive for the firm’s correspondent lending division.
Read More »Is Bidding Back? More Homes Selling for List Price or Higher
Strong demand and thin inventory across housing markets is causing increased competition among buyers and homes to sell for the asking price or more.
Read More »Why Seniors are an Important Part of the Housing Economy
The 55 and older population is often overlooked—especially when the spotlight has been on millennials for so long—but they are a large part of the housing market
Read More »Fairholme Still Urging GSE Net Worth Sweep to End
Fairholme Funds, one of the largest GSE investors, sued the government in 2013 for sweeping of GSE profits into the U.S. Department of Treasury and recently noted that "a “common sense solution" will prevail.
Read More »Mortgage Application Volume on the Decline
Although mortgage interest rates continue remain at historical lows, potential buyers are steering clear of the housing market.
Read More »Wells Fargo to Settle With FHA Over ‘Reckless’ Mortgage Claims
Since 2012, Wells Fargo has been battling the U.S. government regarding allegations that it was "reckless" in certifying the credit and underwriting quality of FHA loans it originated, but the legal issues could soon be over.
Read More »Clayton Holdings Named Representation and Warranty Reviewer for Angel Oak Capital’s New Non-Prime Securitization
Clayton Holdings LLC, a provider of loan due diligence, surveillance, REO management, and consulting services to the mortgage industry, announced that it was selected by Angel Oak Capital Advisors, LLC to be the representation and warranty reviewer for a $150.4 million private-label securitization of non-prime whole loans.
Read More »Is Getting a Mortgage Loan Becoming Easier?
Credit standards among mortgage lenders tend to change with overall economic conditions. A survey from the Federal Reserve shows that credit standards may be easing among lenders, but will this change be in the best interest of the housing market?
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