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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.

Report: No Immediate Impact on RMBS From Dorian

hurricane storm surge

A new report by Fitch Ratings states that Hurricane Dorian is not expected to impact either commercial mortgage back securities (CMBS) or residential mortgage backed securities (RMBS) due to pool diversification, servicer advancing, and insurance coverage.  Hurricane season, though, does ...

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Efforts of Software Solutions Company Recognized

Wolters Kluwer’s Compliance Solutions business has earned four gold-level and two bronze-level industry awards for its regulatory compliance innovations as recognized by wins from the Globee Awards and International Business Awards programs.  The business generated three Gold-level 2019 Globee Awards ...

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Hurricane Heading North After Decimating Bahamas

hurricane vortex

CNN is reporting that Hurricane Dorian, now a Category 2 storm, is dropping heavy rains and winds along the eastern coast of Florida, and residents of Charleston, South Carolina, have been asked to evacuate.  Dorian is carrying maximum sustained winds ...

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Real Estate Company Ranked Among Fastest Growing

Inc. magazine revealed Fund That Flip is No. 42 on its annual Inc. 5000 list. A ranking of the nation’s fastest-growing private companies. Fund That Flip also ranks No. 4 of the fastest-growing real estate companies in the United States ...

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Fintechs Leading the Way for VA Loans

  The volume of the amount of loans originated through the Department of Veterans Affairs came to 119,048 loans for $31.9 billion during the first three months of 2019, with the average VA loan coming in at $268,213. The Department ...

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Hurricane Dorian Causing Havoc in the Atlantic

Updated at 1:07 p.m. CDT Hurricane Dorian has been downgraded to a Category 4 hurricane and has been ravaging the Bahamas for hours, The New York Times is reporting. Reports state that the hurricane is moving west at just 1 ...

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EAST COAST BRACES FOR DORIAN

hurricane storm surge

A new report shows that Hurricane Dorian could not only bring life-threatening winds to Florida and the Carolinas, but more than $100 billion in reconstruction costs.

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Tennessee Mortgage Company Raises Funds for Vets

veterans

The Hendersonville, Tennessee, branch of Primary Residential Mortgage, Inc. (PRMI) recently hosted their second annual fundraising golf tournament and auction, with all proceeds benefiting the Wounded Warrior Project. This fundraising event was part of PRMI’s continued commitment to and support ...

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Growth Reported for Mortgage Provider

Churchill Mortgage, a provider of conventional, FHA, VA and USDA residential mortgages across 46 states, announced record corporate growth and recognition in the first half of 2019.  Since the beginning of the year, Churchill has experienced a 30% increase in ...

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