News

ClosingCorp, a provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, recently welcomed Pat Carney as executive program manager, Title Channel.

The Community Home Lenders Association released a housing finance Action Plan Monday that outlines Fannie Mae and Freddie Mac reform steps, preserves a government guarantee, and protects taxpayers.

SFR should be considered by policymakers as an integral part an affordable housing strategy because of volume, location, neighborhood impact, and affordability.

Alliant National Title Insurance Company, a title insurance underwriter that partners with Independent Agents to improve their competitive position in the marketplace, recently announced the promotion of Kyle K. Rank from Chief Compliance Officer to EVP, Agency.

Stonegate Mortgage Founder and CEO Jim Cuttilo recently announced his departure from the company. He will serve as a consultant over the next six months as he transitions.

Standard and Poor's Rating Services recently affirmed Ocwen Financial Corp., 'B' issuer credit rating and removed the rating from CreditWatch negative. In addition, S&P also placed Ocwen's outlook as negative.

A brief on the National Mortgage Risk Index and other risk measures Monday from the American Enterprise Institute International Center on Housing Risk revealed strong results for the housing market in August 2015 as mortgage credit loosened.

The National Association of Realtors found pending home sales fell in August as contract signings modestly declined, but they still project healthy supply and demand and price growth.

Black Knight Financial Services' Data and Analytics division released its July 2015 Home Price Index report, finding that U.S. home prices were up 0.4 percent for the month, and have gained 5.3 percent from one year ago.

Carrington Mortgage Services, LLC, recently announced the appointment of Dennis Hueman to SVP of Centralized Lending. In this newly created position, Hueman will lead Carrington’s mortgage lending centralized operation in all aspects of tactical management and deployment of corporate objectives to deliver superior products and services.