Home / Author Archives: Mike Albanese

Author Archives: Mike Albanese

Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville.

Politics, Housing, and its Impact on Foreign Buyers

A sluggish U.S. housing market and tighter currency controls by the Chinese government caused the dollar volume of homes purchased by foreign buyers from April 2018 to March 2019 to drop 36%, according to a report by CNBC. The information, ...

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Real Estate Marketing Company Announces Mobile App

Hubzu, an online real estate marketing platform, announced the launch of new mobile technology features including a mobile app and SMS notifications. These features allow Hubzu users to further engage and interact during the search and online auction phases by ...

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Fintech Startup Announces Expansion

Iowa-based fintech startup LenderClose has expanded its staff, adding three new employees. To meet demand from its growing client base of community lenders nationwide, LenderClose has increased its workforce by more than 15 employees in the first half of 2019. ...

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What is Causing the Decline in Single-Family Authorizations?

BuildFax’s latest Housing Health Report revealed year-over-year declines in single-family housing authorizations, as they have fallen 2.75% since 2018. Also seeing declines are existing housing maintenance volume (0.75%) and existing remodel volume (0.33%).  The report uses U.S. property condition and ...

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Hurricane Barry Update: Impact on Louisiana

flooding

Analysis by CoreLogic shows that 339,480 homes in Louisiana face the danger of flood damage due to Tropical Storm Barry.  The report states that 32.6% of homes in the state are located within a Special Flood Hazard Area (SFHA), and ...

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Independent Analysis of AI Completed

technology

Black Knight, Inc., a provider of integrated software, data, and analytics to the mortgage and real estate industries, announced the completion of an independent analysis of the real-world impact of the company’s artificial intelligence (AI) solution, AIVA.  Using actual findings ...

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Five Star Non-QM Lending Council Adds Deephaven, Angel Oak

The Five Star Institute has announced the formation of the Non-Prime Lending Council (NLC), which is open to all professionals in the industry. The NLC, including industry leaders Angel Oak Mortgage Solutions and Deephaven Mortgage, was formed to provide professionals ...

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Mortgage Technology Company Announces Executive Changes

Cloudvirga, a provider of intelligent point-of-sale (POS) mortgage technology, announced the appointment of Maria Moskver as Chief Legal and Compliance Officer.  With over 20 years of experience in compliance and regulatory matters for financial services technology companies, Moskver has a ...

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Financial Organization Announces New President

Franklin Mortgage

John Carter has been named as the President and COO-elect of Nationwide's financial services business lines, effective immediately.  Carter succeeds Kirt Walker, who will become Nationwide's next CEO, in October. Reporting to Walker, Carter will oversee the company's retirement plans, ...

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Technology Being Used to Battle Affordability Concerns

One of the major issues surrounding the housing market currently is the struggle to find affordable housing.  The National Association of Home Builders (NAHB) reported in May that 46% of potential home buyers stated they are having trouble finding an ...

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