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Author Archives: David Wharton

Housing Sentiment Hits All-Time High

Fannie Mae has released the latest installment of its monthly Home Purchase Sentiment Index (HPSI), with the Index rising 3.7 points in January 2018 to hit an all-time survey high of 89.5. The HPSI is also up 6.8 points year-over-year. ...

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David Stevens Says Farewell

With the National Mortgage Servicing Conference and Expo 2018 unfolding this week in Grapevine, Texas, DS News has been on the scene, speaking with some of the industry’s biggest names and power players. During the event, DS News spoke on ...

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Northsight Management Finalizes Merger with Truly Noble Services

Northsight Management LLC, a thriving mortgage field services provider offering a full array of default property management services, announced the finalization of its merger with Truly Noble Services, a well-respected Texas-based full-service general contractor. According to Josh Sarchet and Steve ...

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Nearly All California Cities Failed to Hit Housing Goals

Communities across the nation are struggling with housing shortages, with those problems amplified by home prices that continue to increase and a specific shortage of affordable housing keeping many potential homeowners stuck renting. California is certainly not immune to the ...

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For Tech in Mortgage, Constant Innovation is Key

You have an interesting dual role. You’re JMAC Lending’s CFO and Director of innovation. What does your day look like when it comes to balancing those two sides? As CFO my big focus is strategy and financial planning. I don't ...

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As Stocks Tumble, Lenders Take a Hit

The Dow Jones industrial average closed down 1,200 points on Monday, after having dropped 1,500 points earlier in the day. This came on the heels of a 666-point drop in the Dow last Friday. With the Standard & Poor’s index ...

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Reverse Mortgage Volume Hits Its Highest Point Since 2011

Reverse mortgage numbers spiked in January 2018, clocking in a 32.5 percent month-over-month growth in endorsements over December 2017, according to the latest data from Reverse Market Insight, Inc. (RMI) That would be noteworthy in and of itself, but that ...

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$1.5 Trillion Worth of U.S. Homes Threatened by Wildfires

According to the California Department of Forestry and Fire Protection, last year’s California wildfire season was the most destructive on record, with over 9,000 fires burning more than a million acres in 2017. Moreover, some of those fires swept through ...

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