News

The gap between homeowner and appraisal values of homes narrowed slightly again in October, as appraisers' values were 1.98 percent under homeowner opinions.

U.S. Sen. Elizabeth Warren (D-Massachusetts) and Rep. Elijah Cummings (D-Maryland) wrote two letters on Tuesday to government agencies based on the findings of their investigation of taxpayer and economic risk created by last year’s partial repeal of Section 716 of the Dodd-Frank Wall Street Conform and Consumer Protection Act.

As recovery continues across the nation from the mortgage crisis in 2007, some states appear to be patching things together more quickly than others.

The Consumer Financial Protection Bureau has been the target of much scrutiny in the last year as new regulation unfolded, but many question the structure and leadership within the government agency.

The Federal Reserve Bank of Minneapolis announced today that Neel Kashkari has been named the company’s 13th president and chief executive officer, effective January 1, 2016. Current President and CEO Narayana Kocherlakota will end his tenure on December 31, concluding a five -ear run as head of the Federal Reserve Bank of Minneapolis.

The data, which examined 55 of the largest metro areas across the country to determine the best markets for single-family home investors looking at median price, average gross rental yields, year-over-year job growth, and home affordability, showed that the top investment market is Charlotte, North Carolina due to its strong job growth.

The Federal Housing Finance Agency announced Tuesday that it will expand the Neighborhood Stabilization Initiative to 18 more metro areas across the country to provide REO relief to communities.

United Guaranty Corp., a company of American International Group, Inc., has earned ISO/IEC 27001 certification, a globally recognized standard for managing information security risk.

Dart Appraisal, an independently-owned, nationwide appraisal management company, recently promoted Tracey Volltrauer from Vendor Manager to Director of Compliance. She is also now a member of the Dart Executive Team.

WFG National Title Insurance Company has named Thomas Klein, Esq. to continue the company’s growth and momentum by overseeing its relationships with the nation’s largest independent title agencies. He will now serve as SVP overseeing the company’s National Agency Division.