The Federal Reserve Bank of New York recently released its quarterly report on Household Debt and Credit. Read on to discover the data breakdown for Q3 2017.
Read More »Mortgage Insurance Fund Results to Impact Future of Housing
On Wednesday the FHA released its Annual Report to Congress reporting the economic condition of its mortgage insurance fund—stirring reactions about the future of the agency and homeownership.
Read More »Cordray Announcement Stirs the Industry
CFPB Director Richard Cordray’s announcement of his resignation has caused a slew of reactions in the industry. What is his next move? And what does this mean for the future of housing?
Read More »The Challenges of Investing in REO
DS News talks with Eddie Speed, Founder of NoteSchool to discuss some of the challenges professionals face investing in real estate owned properties—along with solutions and tips moving forward. What can mortgage professionals learn from this? See the exclusive interview ...
Read More »Homes Reach Boom Prices Nearly a Decade Later
Almost 10-years have gone by since the housing market collapsed—and recent data reports that current home prices have reached boom levels once again. What does this mean for the market? Read on to find out.
Read More »Regulatory Relief Bill Created to Spur Economic Growth
Monday afternoon, the Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Banking Committee members Joe Donnelly (D-Indiana), Heidi Heitkamp (D-North Dakota), Jon Tester (D-Montana) and Mark Warner (D-Virginia), along with other senators, announced new legislation that aims to relieve the ...
Read More »Search for New York Fed Replacement Intensifies
Considered the second most important job in the Federal Reserve system, the search for replacing New York Fed Chair William Dudley is on. See the names in contention.
Read More »NCS Approved by Fannie Mae And Announces New Leadership
National Credit-reporting System, Inc. (NCS ), a verification solutions provider within the mortgage lending realm, recently announced that it is now an authorized report supplier of 4506-T tax return verification (TRV Services) through the Desktop Underwriter (DU) validation service, ...
Read More »Matic Insurance and Mr. Cooper Announce $7M Funding Round
Matic Insurance Services (Matic), a digital insurance agency whose technology enables borrowers to purchase homeowner’s insurance during the mortgage transaction, announced today it has raised $7 million in a Series A funding round, led by Mr. Copper, and leading insurance ...
Read More »ReverseVision Announces New Partnership
ReverseVision, a provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, has recently announced a new partnership with Premier Reverse Closings (PRC), a title and settlement firm specializing in reverse mortgage closings. According to ReverseVision, the ...
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