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PHH Moves Forward With Updated Servicing Standards

In a statement released Wednesday, PHH said they will implement new servicing standards as part of a settlement with a multi-state group of state attorneys general, as well as following a “testing and reporting process to ensure compliance with the ...

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Average Credit Scores for Potential Homebuyers Dip

The credit score for all borrowers dipped to 722 in November 2017 from 728 in November 2016, according to a report released by Ellie Mae, a cloud-based platform provider for the mortgage finance industry, on Wednesday. The report, which also ...

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Landmark Network, Inc. Announces Support Program for Lenders

Landmark Network, Inc., a Los Angeles-based appraisal management company that offers a full range of national valuation and technology solutions, recently announced the launch of Wholesale365, a specialized program designed to enhance the service experience for wholesale lenders and their ...

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Fed Anticipates Economic Boosts from Tax Bill

The Federal Reserve released the minutes for the Fed’s December 2017 Federal Open Market Committee meeting on Wednesday afternoon, providing insights into the recent decision to increase interest rates, as well as other key economic concerns. That meeting saw the ...

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Spend the Money, Fix the Roads, Woo the Homebuyers

Rebuilding the national infrastructure was one of the major talking points for candidates on the Presidential campaign trail. That priority fell out of focus in 2017 as Congress put their energy toward first health care reform and then tax reform, ...

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Americans Migrated West and South in 2017

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States in the Mountain West, Pacific West, and the South saw strong inbound migration for 2017, according to United Van Lines' 41st Annual National Movers Study. The Study tracks state-to-state migration patterns during a given year. For 2017, Vermont, Oregon, ...

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HELOC Rates Could Jump 75 Basis Points in 2018

For borrowers hoping to secure a home equity line of credit (HELOC) in 2018, sooner rather than later would be the best approach according to a new 2018 forecast by Bankrate. With the Fed recently increasing interest rates, Bankrate predicts ...

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