Despite announcements that the Fed would certainly be spiking interest rates, Federal Reserve Chair Janet Yellen delivered a speech on Tuesday providing more clarity to the current state of inflation and interest rate uncertainty. During her speech, Yellen focused on ...
Read More »The American Dream: Homeownership Still Included?
The U.S. savings rate has dropped to a five-year low, and according to a recent report, a change in the definition of the American Dream is following it.
Read More »S&P Case-Shiller Index: Increases Across the Nation
S&P Dow Jones Indices released the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index today. The data accounts for July 2017 and shows that home prices continued to increase across the country over the last year. The index reported a 5.9 ...
Read More »Equifax CEO Explains Reasons for Retirement
Equifax, Inc. CEO and Chairman of the Board Richard Smith announced his retirement through the Board of Directors Tuesday. However, with an upcoming testimony on the breach, what does this mean for the company as a whole?
Read More »Bettering the Future of Online Lending
The second annual Online Lending Policy Summit commenced on Monday as Acting Comptroller of the Currency Keith A. Noreika spoke to the audience about current policy challenges, opportunities for growth, and what the OCC is doing to better online lending.
Read More »Late Taxpayers Beware: You Could Be Foreclosed on in This County
Curbing the amount of delinquency in an area can be a challenge, but a new tactic that utilizes a “foreclosure map" is putting awareness at the forefront.
Read More »GSE Portfolio Shows Improvement
The Urban Institute September chart book was recently released, outlining refinances, serious delinquencies, and the government sponsored enterprises delinquency rates, amongst various other statistics related to the industry.
Read More »Altisource CRO Talks Microbubbles
DS News recently sat down with Altisource Portfolio Solutions’ Chief Revenue Officer John Vella to discuss the challenges servicers are experiencing in the market as well as the possibility of regional microbubbles following the recent hurricanes in Texas and Florida. Take a look at what he had to say in this exclusive interview.
Read More »JPMorgan Chase: Assisting in 4 Economic Growth Areas
In an announcement released Monday by JPMorgan Chase, the bank revealed its third investment in a major U.S. city—Washington D.C.—to help serve underserved neighborhoods, specifically Wards 7 and 8. The program will provide $10 million in aid to the city.
Read More »Home Price Appreciation Growth Rate Slows
According to Black Knight Financial Service’s July Housing Market Index report, home prices are still appreciating, but at a slower rate than earlier in the year.
Read More »