One week from Monday, thousands of the leading minds of the housing, finance, and mortgage sectors will converge in Dallas for the 16th annual Five Star Conference and Expo. The Five Star Conference is the largest event in mortgage servicing, ...
Read More »Lockbox Manufacturer Partners With Real Estate Brokerages, Agents
VaultLOCKS, the electronic and mechanical lockbox manufacturing division of MFS Supply, has announced the integration of its electronic lockbox, eLockbox, with Schedulock, a provider in showing management systems for real estate brokerages and their agents in the Greater Toronto Area. ...
Read More »Global Fears Spark Increase in Mortgage Rates
Freddie Mac’s latest Primary Mortgage Market Survey shows that the 30-year fixed rate mortgage rose to 3.56%. Despite the increase, this is the first time the 30-year fixed rate mortgages have been under 3.6% for more than four-consecutive weeks since ...
Read More »Lender, Wholesaler Announce Integration
Plaza Home Mortgage, Inc., a wholesale and correspondent mortgage lender, has announced new integrations with Calyx Wholesaler MarketPlace that are designed to create an even more seamless experience for brokers using this portal. Specifically, Plaza Home Mortgage will be the ...
Read More »Ginnie Mae, NewDay USA Reach Agreement on VA Loans
NewDay USA, one of the nation's largest VA mortgage lenders serving veterans and servicemembers, has been approved as a Ginnie Mae Servicer Seller for VA loan production. NewDay is currently approved to issue Ginnie Mae I and II securities for ...
Read More »Promotion of Innovation, Compliance Addressed in New CFPB Policies
The Consumer Financial Protection Bureau on Tuesday issued three new policies to promote innovation and compliance. The CFPB issued the No-Action Letter (NAL) Policy; Trial Disclosure Program (TDP) Policy; and the Compliance Assistance Sandbox (CAS) Policy. According to the CFPB, ...
Read More »Hurricane Season Hitting its Peak
Hurricane Dorian is long gone, but forecasters are watching disturbances in the Atlantic that could turn into hurricanes in the days to come.
Read More »FHA Loans to be Focus of Next Webinar
Industry leaders from Equator, BSI Financial, and LoanCare will discuss the workings of FHA loans during DS News’ latest webinar, “A Step Ahead: Advances in FHA Modeling,” set for 1 p.m. CDT on Thursday, September 12. According to Altisoure’s “State ...
Read More »Mnuchin: ‘We Will Restructure Fannie Mae and Freddie Mac’
The Secretary of the U.S. Department of the Treasury appeared on FOX News and discussed next steps in the recently-released housing reform plan.
Read More »What’s Next for Housing Finance Reform?
TV personality Geraldo Rivera made waves in 1986 when it was announced that he would be opening Al Capone’s secret Chicago vault. Speculation ran rampant as to what could be inside it. More than 30 million viewers tuned in on ...
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