SLK Global Solutions, offering technology platforms and solutions for the financial services industry, announced that it has enhanced its SmartProp—a property search solution for real estate title agents and underwriters. This technology platform is currently being used by more than ...
Read More »Waters: FHA ‘Acted in Haste’ on Distressed Assets Program
Maxine Waters, Congresswoman and Chairwoman of the House Financial Services Committee, said the Federal Housing Administration (FHA) “acted in haste” in its creation of the Distressed Asset Stabilization Program (DASP), according to a statement from the Committee. The Committee said ...
Read More »Investor Activity Rising in the U.S. Housing Market
Although declining mortgage rates haven’t sparked the housing market, it has sparked interest in investors, as they are purchasing homes at a record pace, according to analysis from Deutsche Bank Research. “With declining mortgage rates … they’re searching for a ...
Read More »Technological Insights Into Natural Disasters
A CNBC report follows a new brand of tech companies using advancements in technology to track how climate change could impact real estate in the not-so-distant future. The report states that a joint study from Heitman and the Urban Land ...
Read More »Common Securitization Solutions CEO David Applegate Stepping Down
Fannie Mae and Freddie Mac announced that the search has begun for Applegate’s successor to lead the joint venture established by the two GSEs in 2013.
Read More »The Future of Financial Service Firms
Editor's note: This piece originally appeared in the August issue of DS News. Matthew Podmenik has received an AV Preeminent rating from Martindale Hubbell, ranking at the highest level of professional excellence for legal knowledge, communication skills, and ethical standards. Podmenik ...
Read More »Merging Technology, Personal Touch in the Mortgage Process
Nate Johnson is the SVP—Mortgage Business Leader for SLK. Johnson oversees the mortgage practice for SLK, and manages client on-boarding, conceptualizes and designs new products, collaborates with operations, and works to grow the SLK porfoilo. Johnson recently sat down ...
Read More »Fannie Mae: Consumer Confidence Grows in July
Five of the six components that make up Fannie Mae’s Home Purchase Sentiment Index (HPSI) saw monthly increases in July, and the overall HPSI increased to a survey high 93.7. The 8% increase in “Confidence About Not Losing Job” helped ...
Read More »What Do Trade Tensions with China Mean for Housing?
Monday was not a good day on Wall Street. Following comments by President Donald Trump, who added logs to an already growing fire that is a trade war with China as he announced plans for a 10% tariff on $300 ...
Read More »Fannie Mae: Increased Education Needed for Borrowers
Although the majority of Americans favor homeownership, Fannie Mae’s latest National Housing Survey revealed many overestimate the qualifications and what it takes to own a home. “Despite increased exposure to credit scores and online resources, consumer understanding about what it ...
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