Benjamin Franklin once said that “an ounce of prevention is worth a pound of cure.” As regions such as Texas, Florida, California, and Puerto Rico struggle to recover from damaging natural disasters, the implications of those words for the mortgage, ...
Read More »JPMorgan Raising Wages After Passage of Tax Reform
While the long-term impacts of the tax reform bill passed by Congress and signed into law by President Trump remain to be seen, at least one major corporation is investing some of their tax windfall into continuing growth. According to ...
Read More »Hurricane Aftermath Continues to Affect Mortgage Delinquency
The state of mortgage delinquencies was a mixture of good news and bad news as 2017 wrapped up, according to a new report by Black Knight, Inc., a provider of integrated technology, data, and analytics for lenders and servicers. Today ...
Read More »The Art of the Possible in Mortgage and Tech
When asked what an average day is like for her, Tracy Stephan, Director of Enterprise Innovation for Fannie Mae, laughs and replies, “I think we don't have any average days in Innovation.” As head of Fannie’s Enterprise Innovation Team, Stephan ...
Read More »Congress Passes Stopgap Spending Bill to End Government Shutdown
6:24 p.m. CST The House has voted and approved stopgap spending bill to fund the government through February 8. The measure now heads to President Trump's desk for final sign-off. __________________________________ 4:08 p.m. CST Several hours after voting to end debate on ...
Read More »The Road Ahead for Mortgage & Housing
Greg McBride is the SVP and Chief Financial Analyst for Bankrate.com, with over two decades' worth of experience in personal finance. A regular staple the cable news scene, McBride regularly provides insights on the financial landscape to networks such as CNN, CNBC, and Fox ...
Read More »Insellerate Adds Daniel Kimm and Jaime Lee
Insellerate, a developer of true mortgage CRM (customer relationship management) software, announced its continued plans for growth with the addition of Daniel Kimm as Director of Sales and Jaime Lee as Director of Marketing. Insellerate saw rapid growth during 2017 ...
Read More »First Foundation Bank Adds Digital Solutions From Fiserv
Fiserv, Inc., a global provider of financial services technology solutions, has announced that First Foundation Bank, based in Irvine, California, has extended and expanded its relationship with Fiserv to meet the growing technological needs of its diverse customer base. First ...
Read More »Total FHFA Prevention Actions Edge Close to 4 Million
Collectively, Fannie Mae and Freddie Mac sealed 18,034 foreclosure prevention actions back in October, bringing the combined total to 3,990,723 since the GSE conservatorships launched in September 2008, so says the Federal Housing Finance Agency’s (FHFA) October 2017 Foreclosure Prevention Report. By ...
Read More »Can 2017’s Mighty Construction Numbers Keep Rolling in 2018?
Housing boomed in 2017. The numbers were the best in 10 years. If you’re only looking at single-family construction. The bigger picture might not be so rosy in 2018?
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