As day three of the government shutdown begins, the concern about its impact on mortgage lending grows.
Read More »Ellie Mae Passes New Milestone
Ellie Mae, the cloud-based platform provider for the mortgage finance industry, announced that it has passed the 1,500 employee milestone. The company has grown 40 percent since January ...
Read More »Wells Fargo’s Chief Risk Officer Mike Loughlin to Retire
Wells Fargo & Company announced that Senior EVP Mike Loughlin will retire as the company’s Chief Risk Officer. The company expects to name a successor in the next ...
Read More »Transformational Mortgage Solutions Announces New President & COO
Austin, Texas-based mortgage industry management consulting firm Transformational Mortgage Solutions (TMS) announced that it has named Beth Ozenghar its new president and COO. Ozenghar, whose mortgage career spans three ...
Read More »How Will a Government Shutdown Affect the Mortgage Industry?
The mortgage industry is likely to see some immediate and far-reaching effects if the Senate does not reach enough votes to extend the Federal Budget to February 16.
Read More »10 Most Competitive Housing Markets in the U.S.
With low housing inventory and rising home prices, which city had most homebuyers putting more money down, have high credit scores, and start loan shopping before home shopping? Spoiler Alert: California cities take the top spots.
Read More »Checks and Balances: Ensuring Gender Equality in Lending
Women borrowers still face unique challenges when taking a loan. Learn how lenders can combat unintentional discrimination.
Read More »Bank of America Posts Solid Results for Q4 2017
The bank’s pretax earnings for the year rose 17 percent as it gained market share across its businesses, but lower mortgage banking income and impact of the Tax Act decreased its noninterest income.
Read More »Rising Housing Demand Leads to Increase in Mortgage Applications
Mortgage applications grew on the basis of a strong economy and an upsurge in post holiday demand in the housing market.
Read More »Getting a Mortgage Got Easier in Q3 2017
Higher interest rates and lower refinancing volumes made it easier for homebuyers to borrow in Q3 2017 according to a report.
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