Verus Mortgage Capital (VMC), a non-QM correspondent investor backed by Invictus Capital Partners, announced the addition of new residential mortgage experts Ketan Parekh, Joseph Kohout, Michael Constas, Chana (Hanna) Gottlieb and Xiaoxiao (Sherry) Overton.
Read More »The Impact of Amazon on Housing
Amazon is poised to announce the short list of cities that may be the home of the company’s second headquarters. The question is, will a new headquarters be good for the residents of the city it lands in?
Read More »How Hurricane Lane Impacted Homeowners in Hawaii
Hurricane Lane did not make landfall in Hawaii, leaving around 50 inches of rain and minimal property damage, and Hawaiians are lucky. How destructive could the storm have been?
Read More »Gateway Mortgage Founder Will Run for Oklahoma Governor
Gateway Mortgage Group Founder Kevin Stitt won the Republican nomination for Oklahoma Governor, beating former Oklahoma City Mayor Mick Cornett. Stitt will now face Democrat Drew Edmondson and the winner of the Libertarian runoff in the election. Here are the details.
Read More »Where Does America’s Housing Value Stand?
Cities like New York and San Francisco are notoriously expensive, but just how much of the nation's real estate value do they hold? Click through to find out, which cities' combined housing values equal the GDP of a country.
Read More »The Impact of Privatizing the GSEs
Currently, Fannie Mae and Freddie Mac are the biggest players in the secondary market. But what if the market was moved from the government to the private sector?
Read More »Hurricane Maria Caused Nearly 3,000 Fatalities, New Study Reveals
Nearly a year ago, Hurricane Maria made landfall on the island of Puerto Rico, destroying thousands of homes resulting in more than $90 billion. A report released today has now found that the fatalities far exceeded the official number of 62, reported previously. Click through to learn more about the effects of this deadly storm that are still impacting the day-to-day lives of Puerto Rico’s residents.
Read More »Negative Equity and Serious Delinquencies Slide
The market is recovering, and delinquencies are poised to drop again after a spike in the first quarter of the year, according to a report. Here's a breakdown of the quarter over quarter performance of delinquencies and foreclosure rates.
Read More »New Risk Transfer Programs Offer Alternative to MI
In a new report on the state of the mortgage insurance industry, Moody's reported that a new risk transfer pilot program had the potential to shake up the industry. Here are the details.
Read More »Thinking Differently About Natural Disasters
In the wake of Hurricane Harvey, the Texas Land Office released a report listing recommendations on how to better handle disasters in the future. Click through to learn the findings and recommendations of this report.
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