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Journal

Tech Hubs Attract Employee Migration

Most Americans say they would move for their jobs, but only a minority of applicants actually apply for jobs outside their current metro. Those who do are often in the tech sector.

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Breaking Down Consumer Debt Collection Complaints

The Bureau of Consumer Financial Protection (formerly the Consumer Financial Protection Bureau) has released a new Complaint Snapshot, exploring consumer complaints regarding modern debt-collection practices. The Bureau has received approximately 400,500 debt collection complaints since July 2011, amounting to 27 ...

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Pavaso and OS National Pair to Provide Digital Closing

Digital

Pavaso, Plano, Texas-based mortgage technology provider and developer of the industry’s only truly end-to-end digital closing platform, has partnered with OS National LLC (OSN), a nationally recognized provider of title and settlement services, to deliver a complete digital closing program. ...

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Calyx Software Welcomes National Sales Manager

Franklin American

Calyx Software, a San Jose, California-based provider of comprehensive mortgage software solutions for banks, credit unions, mortgage bankers, wholesale and correspondent lenders and brokers, has announced that David McLeod has joined the company as National Sales Manager. In this role, ...

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Ellie Mae CFO Matthew LaVay Resigns

Ellie Mae CFO Matt Lavay

Ellie Mae, a cloud-based platform provider for the mortgage finance industry, announced today that Matthew LaVay, EVP and CFO, is leaving the California-based company effective June 15, 2018, for personal reasons.

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Remodeling Activity Soars, Breaks Records

home builders

A strong economy, coupled with a housing market characterized by increasing home prices and insufficient inventory stock in many metros, is helping drive big-ticket remodeling activity, according to a new report from Metrostudy. The quarterly Residential Remodeling Index (RRI) recently ...

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Loan Defects Up Since 2017

defects on loan application

The frequency of loan defects, fraud, and misrepresentation in the information submitted in mortgage loan applications remained flat in April 2018, but increased slightly over April 2017. That’s according to the latest release of the Loan Application Defect Index, published Wednesday ...

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Strengthening the Industry Through Diversity and Inclusion

Policies promoting diversity and inclusion offer many benefits from both practical and ethical standpoints. On Wednesday, May 30, the American Mortgage Diversity Council presented a complimentary webinar delving into why D&I also make good business sense. If you missed out ...

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