Citi’s Mortgage and Retail Bank has appointed three new executives to its Mortgage team.
Read More »HFG, Pavaso Deliver Successful Digital Closing in Arizona
Homeowners Financial Group (HFG) is one of the first Arizona-based mortgage lenders to complete an eClosing with Pavaso, a leading eClosing technology provider. “Pavaso was tasked with supporting HFG’s National Builder Division by making the entire homebuying experience easier and ...
Read More »Chase Expands Reward Points for New Mortgages
The New York-based Chase has launched an offer for select Chase cardmembers to earn between 25,000 and 75,000 Ultimate Rewards points or MileagePlus miles when purchasing a home with Chase. Following an enthusiastic response from Sapphire customers last year, eligible ...
Read More »Major Metros Still Exhibiting Pockets of Affordability
With home prices rising in most major metros across the United States for the past decades—in some cases posting double-digit gains year-over-year—the American Dream of homeownership may begin to feel elusive. However, Unison, a homeownership investment firm, maintains there are ...
Read More »How Homebuying Millennials Must Adapt
By Scott Morgan According to a new survey by Realtor.com, millennial buyers are, more than older buyers, having to adjust what they're looking for in a home. The report states that crushing student debt and smaller down payments are combining to ...
Read More »As Jobs Grow, Home Listing Prices Follow
How has recent job growth impacted the housing and mortgage industry? Leading Economists weigh in.
Read More »Fight Against Urban Blight Finds Unexpected Ally
The topic of zombie homes comes up often here on DS News, ranging from fast-track foreclosure legislation to rules about clearboarding and plywood bans. In February, New York Governor Andrew Cuomo announced that the state was buying up distressed mortgages ...
Read More »Ranking Reverse Mortgage-Backed Securities Issuance
NewView Advisors, LLC, a financial services firm based in New York, has released a new look at the state of HECM mortgage-backed securities for the first quarter of 2018. HECM is the Federal Housing Administration’s (FHA) Home Equity Conversion Mortgage ...
Read More »Houston Updates Building Codes in Floodplain
According to the National Hurricane Center, Hurricane Harvey caused $125 billion in damage during its rampage in August 2017. The storm killed damaged 203,000 homes and destroyed 12,700. Eight months after the storm, the recovery continues—and that recovery is about ...
Read More »Millennials vs. Interest Rates
Even with interest rates going up, millennials are still taking out loans for new homes, according to Ellie Mae. The Ellie Mae Millennial Tracker found that 83 percent of mortgage loans made to millennial buyers were for new home purchases, ...
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