LenderLive Holdings, Inc., a mortgage services provider based in Denver, that Ian Morgan has been promoted to Chief Information Security Officer (CISO).
Read More »The Reality of Home Prices vs. Home Sales
Home prices in February hit a four-year high, capping a 72-month run in which median home values rose nationally, according to a report by Redfin. But just because the prices went up does not mean sales went up. In fact, ...
Read More »MPF Program and Ginnie Mae Surpass $1 Bn in MBS
The MPF Program recently surpassed $1 billion in mortgage-backed securities (MBS) issued. The MPF Government MBS product was the result of a partnership forged by the Federal Home Loan Bank of Chicago and Ginnie Mae to issue securities guaranteed by ...
Read More »HouseCanary Wins $706.2 Mn Verdict Against AMROCK Inc.
A federal jury in Texas has awarded HouseCanary, a provider of real estate valuation and assessment tools, $706.2 million in its breach of contract and trade secret misappropriation case with Title Source, an affiliate of Quicken Loans, now known as ...
Read More »Securing Foreclosure Protections for Veterans
This past week the United States Senate passed legislation designed to help protect military servicemembers, veterans, and their families from foreclosure. Sponsored by Sen. Sheldon Whitehouse (D-Rhode Island), the legislation was included as part of the larger banking regulation bill ...
Read More »Fannie Mae Announces Winner of Non-performing Loan Sale
On Wednesday, Fannie Mae announced the winners of its latest sale of non-performing loans, —the twelfth such sale, consisting of approximately 5,700 loans. The loans are divided into three different pools, with a total unpaid principal balance (UPB) of $1.002 ...
Read More »Appeals Court Clarifies Issues Regarding Robocalls and Consent
On Friday, March 16, the U.S. Court of Appeals for the District of Columbia Circuit has issued a ruling in the case of ACA International v. FCC, clarifying several issues with regard to consumer and industry rights pertaining to robocalls ...
Read More »Making Mortgage Forgiveness Tax Relief Permanent
United States tax policy has been in the spotlight in recent months, with President Trump signing the Tax Cuts and Jobs Act into law in December, and experts debating what the long-term impact of the bill will be ever since. ...
Read More »San Diego Needs a Lot More Housing Than Planned
With housing shortages plaguing markets around the country, there’s no surprise that San Diego is similarly afflicted. As it turns out, however, “America’s Finest City” is going to need to start rolling out a lot more housing than planned in ...
Read More »Builder Confidence on Firm Foundations
The latest installment of the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) shows builder confidence in the market for newly-built single-family homes mostly staying strong. However, there are concerns on the horizon that could continue to ...
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