It's no secret that the Fed is taking a gradual approach to further rate hikes, but it may be even more gradual than originally expected.
Read More »OCC Removes Servicing Restrictions from U.S. Bank, Santander—For a Price
The Office of the Comptroller of the Currency removed restrictions from two more banks, but the banks will also be paying a hefty penalty.
Read More »ValuAmerica Integrates with FHA’s Electronic Appraisal Delivery Portal
National title agency, appraisal management company (AMC) and technology provider ValuAmerica announced that it is now integrated with the Federal Housing Administration (FHA)’s Electronic Appraisal Delivery (EAD), a Web-based technology system that enables FHA-approved lenders and their third-party service providers to transmit appraisal data and reports to FHA prior to loan endorsement.
Read More »Foreclosure Inventory Plummets; What Else is New?
Foreclosures have been on a rapid steady decline for the last five-plus years since hitting their peak in 2010. How is this affecting the rest of the housing market?
Read More »Chronos Solutions Acquires Commerce Title and Closing Services
National real estate services provider Chronos Solutions, headquartered in Coppell, Texas, has announced the acquisition of settlement services firm Commerce Title and Closing Services from parent company Ten-X, formerly Auction.com.
Read More »Quicken Loans Super Bowl Ad Draws Praise, Criticism
Quicken Loans aired a commercial pushing its Rocket Mortgage program during the Super Bowl on Sunday, prompting a barrage of criticism on Twitter, which in turn prompted an equally strong defense from several prominent publications.
Read More »The Week Ahead: Yellen on the Hot Seat Not Once, but Twice
Federal Reserve chair Janet Yellen will have the floors of both the House and Senate to herself this week for the first time in seven months. What can we expect from the hearings?
Read More »War Over Wall Street: Clinton, Sanders Trading Barbs
Trouble is brewing between Democratic presidential hopefuls Hillary Clinton and Bernie Sanders concerning Wall Street banks and regulation.
Read More »Job Gains Weaken, But is the Labor News All Bad?
The labor market was the strong point of the U.S. economy in the last quarter of 2015. Job gains slowed in the first month of 2016, but other areas saw growth.
Read More »Existing Homeowners Are Not Taking Advantage of Historically Low Rates
Mortgage rates are at historic lows, which may seem like perfect opportunity for homeowners to refinance. Why are they not jumping at the chance?
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