Churchill Mortgage, a provider of conventional, FHA, VA and USDA residential mortgages across 46 states, announced record corporate growth and recognition in the first half of 2019. Since ...
Read More »Flagstar Bank Announces New Tech Program
Flagstar Bank and Detroit FinTech Bay today announced the first startups to participate in the Flagstar Mortgage Tech Accelerator Program. The three companies are Brace, which focuses on ...
Read More »Eye on the Industry: Leadership Change at Gateway
Gateway First Bank, one of the largest banks in the state of Oklahoma, announced the appointment of industry veteran Stephen Staid as its Chief Servicing Officer. As ...
Read More »Studying the Ban on Single-Family Housing
A study by the National Association of Home Builders (NAHB) states traditional housing zoning has been seen as a barrier to affordability, and that using policy to promote ...
Read More »Downward Trend for Defects in Loan Applications
According to First American Financial Corporation’s Loan Application Defect Index, the frequency of defects, fraud, and misrepresentation submitted in mortgage loan applications in July fell 5% from the ...
Read More »Refinances Cause Mortgage Organizations to Spike to $2 Trillion
Freddie Mac announced Wednesday that August forecasts show mortgage origination will reach $2 trillion in 2019, driven mostly by the recent surge in refinancing due to historically low ...
Read More »The State of Housing In Opportunity Zones
Homes in “Opportunity Zones,” established by Congress in the Tax Cuts and Jobs act of 2017, are cheaper than the average home, according to a new report.
Read More »Affordability Receives a Jolt
Consumers’ homebuyer power increased in June by 3.3% from the prior month and has risen 12.2% year-over-year, according to First American Financial Corporation’s Real House Price Index (RHPI). ...
Read More »Home-Sale Prices Recovering since 2000
CoreLogic reports that the number of homes selling at or above the list price in June fell to 39.2%—10% higher than the average since 2000. The report states ...
Read More »Hurricane Dorian Prompts State of Emergency
Updated 12:30 p.m. CDT on August 29 CBS News reports that Hurricane Dorian gained strength in the Atlantic Ocean Wednesday and could be a Category 4 storm when ...
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