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Featured

Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries.

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Key Posts Collecting Dust

The Trump administration has yet to fill many gaps in the Department of Housing and Urban Development and other positions that affect the mortgage industry. See which positions are vacant and who is planned to fulfill the roles.

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Alexa, Get me a Mortgage

The move to the digital world is quickly becoming a priority item for the mortgage finance industry, and machine learning can play an important role in helping servicers and lenders stay current with regulatory standards and compliance.

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Making Amends

Wells Fargo CEO Tim Sloan addressed his team on Tuesday to share the measures the bank is taking to amend the harm done in previously opening unauthorized accounts. See how Sloan plans to rebuild trust in Wells Fargo stakeholders.

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Disclosing the Details

Bill

A new bill could change requirements in the National Housing Act if it succeeds the long road to becoming law. Originally introduced by Representative Marc Veasey (D-Texas) in June, the goal is to help veterans make an informed decision when deciding which route to take when buying a home.

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Mortgage Deduction Possibility Causes Uncertainty

In December 2016, then incoming Treasury Secretary Mnuchin boldly stated the Trump administration would employ the “largest tax change since Reagan.” However, that change could come with significant adjustments to the mortgage interest deduction, something that sparks mixed emotions across the country.

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The Future of PMI

The private mortgage insurance industry effectively works to reduce risk to the mortgage market, and soften the blow when defaults do occur. But the industry is struggling, and a new report is looking at ways it can branch out as it looks to the future and how to more effectively work with the GSEs.

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Native to America

HUD Secretary Ben Carson attended a conference recently to discuss the responsibilities HUD and its Office of Native American Programs have to create equality for America’s indigenous people. Take a look at what Carson had to say here.

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All Signs Point Toward…

Rick Sharga, EVP of Ten-X, held a live webinar on Tuesday to discuss his 2017 mid-year housing update and his views the state of the industry.

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