NewDay USA, a national VA mortgage lender, has hired Michael Greenwood as SVP of mortgage servicing and Gaurav Bhatia as Chief Digital Officer.
Read More »Several Cities Experience New Peaks in HPI
According to Black Knight, New York is leading the pack in HPI...see what other states made the top 10 and which areas are experiencing slow downs.
Read More »The Week Ahead: Quarterly Results for Freddie Mac
Last quarter, the GSE experienced a net income of $1.7 billion and comprehensive income of $2.0 billion. To lean how Q3's results will differ, be sure to tune in on Tuesday.
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 ...
Read More »RBS Faces 10 Years Without Profits
The Royal Bank of Scotland has agreed to pay a monetary penalty of $35 million to settle a residential mortgage-backed securities fraud claim and is ready to “build a simpler, stronger bank.”
Read More »Treasury Reports Regulation Improvements
The U.S. Department of the Treasury recently released its third report on the evaluation of the Administration's Core Principles for financial regulation in an effort to establish recommendations for improvements with the current regulatory framework.
Read More »Senators Unveil Task Force to Combat Zombie Properties
Home values on properties drop significantly when surrounded by abandoned and undesirable properties. Learn what a few senators are doing to combat this problem.
Read More »Existing Home Sales: Owners Aren’t Budging
Recently released data reports that existing home sales have dropped this month. What’s the cause? Read on to discover what industry experts have to say.
Read More »Counsel’s Corner: Facing Challenges in Financial Services
Editor's note: This article first appeared in the October issue of DS News, out now. Kerry Franich is a certified specialist in appellate law who works in Severson & Werson’s Orange County office where he prosecutes and defends State and ...
Read More »As individuals make their way through the industry and companies merge, follow all the important highlights in this weeks update.
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