Mortgage Contracting Services, LLC (MCS) has announced that it will be relocating its corporate headquarters to Lewisville, Texas, about 20 miles to the west of the current location of the headquarters in the North Dallas suburb of Plano, Texas.
Read More »Computershare Acquires Altavera Mortgage Services
Computershare, a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications, recently announced that it has signed an agreement to acquire Denver, Colorado-based Altavera Mortgage Services, LLC, a provider of independent, third-party mortgage origination services to residential mortgage lenders.
Read More »Castle & Cooke Mortgage Expands in Utah
Castle & Cooke Mortgage, LLC, an independent mortgage lender with 44 locations across the United States, recently announced the expansion of its footprint in Utah with the opening of its ninth branch in North Salt Lake.
Read More »Is There any Silver Lining to be Found in Ocwen’s 2015 Earnings Report?
With the regulatory turbulence of 2014 largely behind them, Ocwen still had a tough year financially in 2015.
Read More »The Week Ahead: Will Steady Gains for the Labor Market Resume?
The January employment summary reported approximately half of the monthly job gains than in the previous three months. Will February's report be solid enough to convince the Fed to raise rates again in March?
Read More »Life Events and Higher Rents Influence Decision to Buy
The single-family rental market has seen an unprecedented boom in popularity in the last couple of years. But a recent survey indicates that the rising cost of rents, as well as certain life events, are pushing some out of the rental market and into buying.
Read More »Economic Outlook Remains the Same Despite Slow GDP Growth
GDP growth was modest in the BEA's second Q4 estimate. Will the GDP make a comeback, and what does this all mean for housing?
Read More »TRID-Imposed Closing Delays Elevate Cash Sales Share
The percentage of home sales that were all-cash transactions was higher in November than in recent months due to TRID. Will the cash sales share return to normal or will the delays keep it elevated?
Read More »Urban Institute: GSEs Should Consider Raising Nonbank Servicer Capital Requirements
Karan Kaul and Laurie Goodman contend that with taxpayers on the hook when nonbank servicers fail, more regulation is needed in order to reduce risk to taxpayers and shift more of it on to the industry.
Read More »Ernst: Technology Saved Small Settlement Services Companies from TRID Complications
According to Ernst Publishing Company, a provider of technology and closing cost data for the real estate and home finance industries for the past 26 years, that crisis was averted by technology.
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