News

The recent Equifax breach of information for over 100 million consumers has sparked widespread dialogue on regulation and reform in that could have ramifications on the mortgage industry.

On Monday, Acting Comptroller of the Currency Keith A. Noreika spoke at the second annual Online Lending Policy Summit, which allows industry participants to exchange insights, propose standards, and provide regulators and policymakers with perspectives on the regulation of online lending.

John Vella, Chief Revenue Officer at Altisource Portfolio Solutions, sat down with MReport to discuss some of the hot topics in servicing as well as implications from storms in Texas and Florida. See what Vella had to say in this exclusive interview.

Fannie Mae released its Q3 2017 Mortgage Lender Sentiment Survey Monday, finding that mortgage lenders are moving away from tight mortgage credit standards across all loan types—but why?

According to Black Knight Financial Service’s July Housing Market Index report, home prices are still appreciating, but at a slower rate than earlier in the year.

In tandem with rising home prices and growing stock market, the national net worth of households in the United States grew by 1.7 percent in the second quarter of 2017.

Altisource Portfolio Solutions, a service provider for the real estate and mortgage industries, announced Thursday the addition of a new VP to grow the company’s valuations business and an expansion of its sales team. Phil Huff joined Altisource as VP and Head of Valuations as well as President and CEO of Springhouse, a full-service appraisal management company owned by Altisource. Springhouse is an indirect subsidiary of Altisource Portfolio Solutions. “Phil brings a deep expertise in technology, sales, marketing and business development strategy and an extensive real estate industry network,” said Joseph A. Davila, President of Servicer Solutions at Altisource. “His proven expertise and seasoned network will be a big factor to the success of our Valuation Services business.”

The U.S. Territory of Puerto Rico has been devastated following the aftermath of Hurricane Maria, the third hurricane to make landfall on U.S. soil in the last two months. See the extent of the damage, as well as future plan for action in this Video Spotlight.

MReport magazine recognized nine leading ladies as Power Players in the mortgage industry. Take a look at this spotlight on these female trailblazers.

Earlier this week, MReport and DS News sat down with Jorge Ponce, Director of Business Development & Implementation at FirstClose; Joey McDuffee, Director at Wipro Gallagher Solutions; and Kevin Watson, District Manager, Middle Tennessee at Churchill Mortgage to discuss inventory woes in the housing market. In Part Two of this three-part series, we discussed potential incentives to getting more homes into the marketplace.