GDP growth was modest in the BEA's second Q4 estimate. Will the GDP make a comeback, and what does this all mean for housing?
Read More »Urban Institute: GSEs Should Consider Raising Nonbank Servicer Capital Requirements
Karan Kaul and Laurie Goodman contend that with taxpayers on the hook when nonbank servicers fail, more regulation is needed in order to reduce risk to taxpayers and shift more of it on to the industry.
Read More »Ernst: Technology Saved Small Settlement Services Companies from TRID Complications
According to Ernst Publishing Company, a provider of technology and closing cost data for the real estate and home finance industries for the past 26 years, that crisis was averted by technology.
Read More »Pavaso’s VP of Partner Strategies, Government Affairs Elected to Co-Chair MISMO Workgroup
Nancy G. Pratt, VP of Partner Strategies, Government Affairs at real estate technology company Pavaso, was elected to serve as co-chair of the Mortgage Industry Standards Maintenance Organization eMortgage Workgroup at the organization’s Winter Summit in January.
Read More »Non-Profit Wins Fannie Mae Distressed Loan Auction
Lawmakers and activists that have been calling for Fannie Mae, Freddie Mac, and HUD to sell their non-performing mortgage loans to non-profits saw their wish come true on Thursday.
Read More »Wells Fargo Facing Continued Investigation from DOJ
Federal and state regulators are still probing the bank even after Wells Fargo agreed to a $1.2 billion settlement earlier this month over underwriting practices on FHA-insured loans.
Read More »Home Prices Climb Despite Volatile Financial Markets
In the midst of tight supply, heightened competition for buyers, and unpredictable financial markets, U.S. home prices continued to rise in the fourth quarter.
Read More »A World of Difference: Recovery in Judicial vs. Non-Judicial Foreclosure States
Less than half of the states have judicial foreclosure laws, yet more core-based statistical areas from these states among near the top 10 and top 25 lists for most foreclosures than CSBAs in non-judicial states.
Read More »Government on the Hook for Larger Pool of Loans
The news for the housing industry has not been positive in the last few days from the reports of low inventory, rising prices, stagnant wage growth, and disappointing new home sales. Default risk on Agency mortgage loans is increasing as well.
Read More »Metro-West Appraisal Expands Offerings to Include CRE Valuations
Metro-West Appraisal Co., the nation’s largest independent residential real estate appraisal company, has expanded its offerings to include commercial real estate valuation services for all real estate property types, including industrial, office, multi-family, retail, and more.
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