Home / Journal (page 18)

Journal

PRMI Expands Leadership, Promotes from Within

Primary Residential Mortgage, Inc. (PRMI) has announced the promotion of four of its executives: Tom George as EVP and Chief Production Officer, Ruth Green as EVP and COO, A.J. Swope as EVP of Secondary Marketing, and Mathew Whitebrook as SVP ...

Read More »

Freddie Mac On Track to Single Security

In an effort to provide more liquidity and lower costs for borrowers, Freddie Mac has announced that it will begin issuing new 55-day “mirror” mortgage-backed securities. These securities will be available for the current population of exchange-eligible 45-day Freddie Mac ...

Read More »

Wells Fargo Settles Allegations of Fraud for $2.09B

Wells Fargo Bank—a subsidiary of Wells Fargo & Company—has reached a settlement with the United States, as represented by the Department of Justice (DOJ), to the total of $2.09 billion for allegations that the bank originated and sold residential mortgage ...

Read More »

Home Prices Remain High, Continue Yearly Growth

Home prices continued their steady year-over-year incline in May, reaching a price growth of 6.4 percent since May 2017, according to the most recent Case-Shiller Home Price Index from CoreLogic. Despite this, hopeful homebuyers still felt a modicum of relief, ...

Read More »

House-Flipping Hot Spots

home flipping

Even in a tough seller's market, there's money to be made in flipping houses. A new report looks at where renovation dollars provide the best ROI.

Read More »

Freddie Mac Announces Q2 Results

Freddie Mac

On Tuesday, the GSE provided an update on how it fared during 2018’s second quarter, spotlighting “strong business revenues” and a “favorable litigation judgment.” Click through to learn all the details.

Read More »

GET YOUR DAILY DOSE OF DS NEWS

Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.