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IndiSoft Welcomes CTO to Team

Columbia, Maryland-based IndiSoft, a global provider of technology solutions for the financial services industry, has welcomed Mark Sweeney as their newest CTO. Sweeny will be responsible for all technical and product strategy, development, and support. “We are excited to have someone ...

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Wells Fargo Announces Head of Home Lending Servicing

After months of anticipation, Wells Fargo & Co., a diversified, community-based financial services company based in Des Moines, Iowa, has announced that Jeff Smith, who currently represents servicing and customer excellence risk in the Consumer Lending Real Estate Compliance and ...

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Ocwen Releases Q2 Operating Results

Florida-based Ocwen Financial Corporation, a financial services holding company which services and originates loans through its subsidies, released its operating results for Q2 2018. The numbers reflected a GAAP loss of $29.8 million, compared to a net loss of $44 ...

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The Figures Behind Judicial State Foreclosures

The number of foreclosures have decreased back to pre-crisis levels nationally as of April, according to the latest data from CoreLogic. More homeowners are remaining current on their mortgage payments thanks to factors such as unemployment rates at an 18-year ...

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‘A Strong Shift In Housing Demand’

affordability

New home sales slipped 5.3 percent to 631,000 in June 2018, compared with the previous month. Yet they remained 2.4 percent above the same period last year, according to the latest data on the sales of new single-family houses released by ...

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Combating Sexual Harassment in Housing

The Department of Justice (DOJ) and the Department of Housing and Urban Development (HUD) have released a public service announcement addressing their fight against sexual harassment in housing. The two departments first announced their partnership in April, a move that ...

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Facing the Future of Housing

New homes are getting bigger, more expensive, more energy efficient, and more high-tech. That’s the consensus of Porch, a home improvement network that connects homeowners with professionals. Porch researched housing construction trends to determine the most common features of homes ...

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NY Housing Market Hitting High Notes

Heavy demand for homes in the Empire State is stoking its real estate sector, according to the New York State Association of Realtors (NYSAR) housing market report. The state’s housing market recorded a robust first half of 2018, with 60,043 ...

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Where Big City Living is Best

Housing 80 percent of the population, despite only taking up 3 percent of the nation’s landmass, urban areas are the most popular places to live in the U.S. However, some cities may be better for homebuyers than others, according to ...

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FHFA Halts Discussion on Credit Changes to GSEs

Decisions regarding the credit score model used by Fannie Mae and Freddie Mac have been delayed by the Federal Housing Finance Agency (FHFA) after it was announced that the agency will not be making any changes this year as previously announced. ...

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