Added money and buyers are expected to flood the Bay Area after the release of several IPOs this year. However, a new report by Trulia examines why forecasts for the housing market may be overstated.
Read More »Freddie Mac Announces $2B+ Securitization of Reperforming Loans
Freddie Mac on Thursday announced the latest in its efforts to “reduce less liquid assets in its mortgage-related investments portfolio.”
Read More »New Division President Announced for Title Company
WFG National Title Insurance Company (WFG), an Oregon-based provider of title insurance and real estate settlement services for commercial and residential transactions nationwide, announced that Brandon Baker has been named the new President of the company's Dallas-Fort Worth division. In this ...
Read More »Digital Age Coming to Automated Compliance
ComplianceEase, a provider of automated compliance solutions to the financial services industry, announced that its ComplianceAnalyzer is now integrated with LendingPad, the cloud-based loan origination system (LOS) from WEI Technology LLC. With this integration, LendingPad users can perform real-time audits ...
Read More »Homeowners Underinsured for Certain Natural Disaster
A new report by ValuePenguin.com states that just 7% of homeowners have a flood insurance policy, despite floods being the most common natural disaster. The Atlantic hurricane season is less than a month away, and while 91% of homeowners have ...
Read More »Sunny Days for Housing Market, But Challenges Remain
Realtor.com’s April Housing Report gave favorable reviews of the current housing market, as the average listing price, days on the market, and available inventory all saw year-over-year improvements. The average U.S. listing price grew 7% from last year to $310,000, ...
Read More »Taxes, Disasters Among Factors Impacting Homebuyer Migration
Migration numbers hit new highs in Q1 2019, and a new market out west is emerging as a favorite for potential homebuyers.
Read More »Obligations Fulfilled for Goldman Sachs’ Mortgage-Backed Securities Settlements
Goldman Sachs successfully completed about 77% of the $1.8 billion in consumer relief it is obligated to provide under its two mortgage-backed securities settlements with the U.S. Department of Justice and three states, according to a report by the independent monitor ...
Read More »New Regional Office Announced for National Mortgage Lender
Planet Home Lending, LLC, a national mortgage lender and servicer, opened a regional office in Irving, Texas. As the company's first Regional Operating Center (ROC), the 25,000-square-foot facility accommodates about 130 employees, and offers space to expand to house ...
Read More »New Leader Announced for ALTA
The American Land Title Association (ALTA), the national trade association of the land title insurance industry, has named Diane Tomb as its new CEO, effective July 1. Tomb, who has over 20 years experience in the housing field, will use ...
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