As part of a five-year $400 million philanthropic commitment to that includes low-cost loans, equity and grants targeted to nonprofits and organizations in the affordable housing space that work to improve ...
Read More »Chris Lewis Promoted to Director of Enterprise Solutions for DocMagic
Twenty-five-year veteran of the industry tapped to lead mortgage tech provider in fostering strategic partnerships and to promote e-mortgage offerings.
Read More »The Future of Mortgage Reform
Find out why JPMorgan Chase CEO Jamie Dimon stated that the U.S. is in desperate need of mortgage reform.
Read More »Expectations for the 2019 Real Estate Market
Here’s what a report revealed about construction costs, rental incomes, and volatility in the REIT market in the U.S.
Read More »JP Morgan Chase Paid More than Half of $4 Million Settlement
Independent monitor Joseph A.Smith verified Chase's claim made in December that the bank had provided $2.24 billion in consumer relief credit to 111,924 borrowers as of the end of the third quarter (September 30, 2014). Chase has until December 31, 2017 – nearly three full years – to pay the approximate remaining amount of nearly $1.8 billion of its obligation toward consumer relief under the settlement.
Read More »JP Morgan to Buy $45 Billion Worth of Ocwen Servicing Rights
In an update on its website dated March 2, Ocwen announced that it had "signed a letter of intent with a buyer on the sale of mortgage servicing rights (MSRs) on a portfolio consisting of approximately 277,000 performing Agency loans owned by Fannie Mae with a total unpaid principal balance of approximately $45 billion."
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