The Office of the Comptroller of the Currency removed restrictions from two more banks, but the banks will also be paying a hefty penalty.
Read More »ValuAmerica Integrates with FHA’s Electronic Appraisal Delivery Portal
National title agency, appraisal management company (AMC) and technology provider ValuAmerica announced that it is now integrated with the Federal Housing Administration (FHA)’s Electronic Appraisal Delivery (EAD), a Web-based technology system that enables FHA-approved lenders and their third-party service providers to transmit appraisal data and reports to FHA prior to loan endorsement.
Read More »Foreclosure Inventory Plummets; What Else is New?
Foreclosures have been on a rapid steady decline for the last five-plus years since hitting their peak in 2010. How is this affecting the rest of the housing market?
Read More »President’s FY17 Budget Invests Heavily in Ending Homelessness
Last month in his final State of the Union address, President Barack Obama failed to mention housing policy at all. His proposed FY17 budget to be unveiled Tuesday calls for a substantial investment in housing, however.
Read More »Court Finds in Favor of MERS
Mortgage Electronic Registration Systems claimed its second legal victory of 2016, this time in Texas.
Read More »OCC Recaps Proposals for Regulatory Relief
What proposals did the OCC make in 2015 as part of a multi-agency initiative to provide regulatory relief to depository institutions?
Read More »Primary Residential Mortgage Expands Footprint in Utah
Primary Residential Mortgage, Inc. (PRMI), headquartered in Salt Lake City, Utah, recently announced it has expanded its footprint in Utah with the opening of a new branch in Orem.
Read More »Chronos Solutions Acquires Commerce Title and Closing Services
National real estate services provider Chronos Solutions, headquartered in Coppell, Texas, has announced the acquisition of settlement services firm Commerce Title and Closing Services from parent company Ten-X, formerly Auction.com.
Read More »Quicken Loans Super Bowl Ad Draws Praise, Criticism
Quicken Loans aired a commercial pushing its Rocket Mortgage program during the Super Bowl on Sunday, prompting a barrage of criticism on Twitter, which in turn prompted an equally strong defense from several prominent publications.
Read More »Ask the Economist: What Does the Spring Hold for Homebuyers?
Zillow Chief Economist Svenja Gudell discusses recent economic slowdowns and how they might affect the spring homebuying season in our latest installment of Ask the Economist.
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