News

Rushmore Loan Management Services LLC recently announced that it has closed on its acquisition of the Florida-based correspondent platform from FirstBank.

Find out how delinquency rates have been impacted in the past month in a new report. Here's what else is happening in the Week Ahead.

The Board of Directors of the Federal Home Loan Bank of San Francisco has promoted Greg Ward to EVP and Chief Risk Officer and promoted Arlene Coyle to SVP and Chief Audit Executive, the role most recently held by Ward. ...

National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc., announced that lenders using Tavant VELOX’s FinConnect integration platform for the financial services industry can now access Rate GPS, National MI’s unique risk-based pricing tool, when pricing private ...

SLK Global Solutions, offering technology platforms and solutions for the financial services industry, announced that it has enhanced its SmartProp—a property search solution for real estate title agents and underwriters. This technology platform is currently being used by more than ...

How have the overall consumer credit trends impacted HELOCs? Here’s what the latest Fed Report on revolving and nonrevolving credit had to say.

Maxine Waters, Congresswoman and Chairwoman of the House Financial Services Committee,  said the Federal Housing Administration (FHA) “acted in haste” in its creation of the Distressed Asset Stabilization Program (DASP), according to a statement from the Committee.  The Committee said ...

Although declining mortgage rates haven’t sparked the housing market, it has sparked interest in investors, as they are purchasing homes at a record pace, according to analysis from Deutsche Bank Research.  “With declining mortgage rates … they’re searching for a ...

Ellie Mae's expanded functionality offers additional automation capabilities for greater efficiencies in HELOCs for lenders.

DataVerify's integration to Mortgage Cadence's loan-origination platform will provide additional data verification, fraud prevention, and compliance assistance.