News

Alliant National Title Insurance Company, a title insurance underwriter that partners with Independent Agents to improve their competitive position in the marketplace, announces the promotion of Margaret Cook to deputy general counsel and SVP.

The Bureau of Labor Statistics’ October jobs report released last week far exceeded expectations, generating widespread speculation that the Federal Reserve will raise short-term rates in the Federal Open Market Committee’s final meeting of the year in December.

While consumers anticipate a better labor market to come, they were mixed about inflation, depending on how deeply into the crystal ball they look, the latest Survey of Consumer Expectations from the Federal Reserve Bank of New York showed.

Home prices nationally are still on the incline, most notably in more affordable homes, according to the latest Home Price Index from CoreLogic.

Fannie Mae and Freddie Mac recently announced that the standard mortgage modification interest rate will be under 4 percent for the first time ever since the benchmark was established in January 2012.

Consumer confidence in the housing market declined slightly in October, while wages and salaries struggled and kept many from purchasing a home, according to Fannie Mae's Home Purchase Sentiment Index.

LenderLive, a domestic-based, end-to-end mortgage services provider, welcomes Pete Pannes as the company's first chief revenue officer. In his new position, Pannes will be responsible for corporate sales, marketing and positioning strategies, as well as product development.

LRES, a national REO and appraisal management company offering property valuations, asset management, HOA, and technology solutions for the mortgage industry, recently announced Damon Paxson has been named as its VP of Homeowner Association Services.

Equity National Title, a national title and settlement agent offering an array of title and settlement solutions for mortgage lenders, home builders, and Realtors, recently announced the hiring of Marissa Sandridge in the role of VP, national sales executive.

The Consumer Financial Protection Bureau will no longer be the only entity monitoring TILA-RESPA Integrated Disclosure rule compliance among lenders. The Office of the Comptroller of the Currency announced Friday that TRID compliance exams are coming.