Board Treasurer of the National Association of Federally-Insured Credit Unions testified on Wednesday before the Subcommittee on Financial Institutions to propose potential solutions Congress can take to protect credit unions from the fallout of data breaches.
Read More »Foreclosure Prevention Efforts in Effect
There are roughly 60,000 homes behind on their property taxes in Detroit, Michigan. Many of these homeowners may qualify for a full or partial property tax exemption—families facing financial hardship, residents living in poverty, and disabled veterans may be eligible ...
Read More »Looking Back: Hensarling’s Announcement to Impact the Industry
U.S. Rep. Jeb Hensarling (R-Texas), who currently chairs the Financial Services Committee, announced Tuesday that he will not seek re-election in 2018. "Today I am announcing that I will not seek re-election to the US Congress in 2018. Although service in ...
Read More »Facing Foreclosure Challenges
DS News talks with Camillo Melchiorre, President of Indisoft to discuss some of the difficulties—and potential solutions—facing foreclosures. See the exclusive interview here.
Read More »Did Affordable Housing Performance Meet its Goals?
On Monday, an Annual Housing Report covering all of last year's data was published—reporting the latest on affordable housing activities for the secondary market.
Read More »Guild Mortgage Announces Record Growth in Q3 2017
Guild Mortgage, mortgage lenders in the U.S., announced record overall loan volume of $11.7 billion through the nine months ended September 30, 2017, up 1.4 percent from the $11.5 billion in the same period of 2016. Purchase loans reached $9.5 ...
Read More »Venable LLP Announces New Partner
Venable LLP, an American Lawyer Global 100 law firm headquartered in Washington, D.C. that serves as primary counsel to a worldwide clientele of large and mid-sized organizations, nonprofits, and high-net-worth entrepreneurs and individuals, announced that Gerald S. Sachs has joined ...
Read More »Technology Platform Announces Integration With Fannie Mae
Plaid, a technology platform that enables applications to connect with users’ bank accounts, recently announced the launch of a pilot with Fannie Mae to automate the asset verification step of the mortgage lending process. Since its founding in 2012, Plaid has ...
Read More »Genworth Mortgage Insurance Announces New Technology
Genworth Mortgage Insurance, an operating segment of Genworth Financial, Inc., recently announced the launch of a new website that allows loan officers, underwriters, processors and other lending professionals to visually track every part of the mortgage insurance (MI) application process through ...
Read More »Pending Home Sales: National Update
The National Association of Realtors (NAR) recently released an update on its Pending Home Sales Index (PHSI)—reporting the index is 3.5 percent below last year, and is now at its lowest reading since January 2015. According to the report, activity declined annually both nationally and in ...
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