The salary a potential homebuyer earns can dictate whether affording a home is in reach, and according to a study released Tuesday by GOBankingRates, location is just as important as ever when considering income potential. Some cities have household incomes ...
Read More »Deloitte Hack: Fannie and Freddie Not Affected
After Deloitte’s September 25 data breach, it was reported that Fannie Mae and Freddie Mac may have been effective, but according to a Tuesday statement, that concern was reported prematurely.
Read More »Delinquency Rate Continues at 10-year Low
On Tuesday, CoreLogic released its latest Loan Performance Insights report, representing data from national foreclosure and delinquency activity gathered through July 2017. According to the report, the share of mortgages that transitioned from current to 30-days past due was 0.9 ...
Read More »Treasury to Streamline Capital Markets
According to a release, the Treasury department has created a list of recommendations to streamline capital markets and address the burdens they are causing.
Read More »CIT Group Sells Reverse Mortgage Operation
In an effort to simplify its operations and become a regional commercial bank, CIT Group Inc., announced it will be selling Financial Freedom and its reverse mortgage portfolio to an unnamed buyer.
Read More »HOPE Program: 10 Years Later
A neighborhood experiment blending low-income housing with middle-class housing has proven itself successful after 10 years, according to residents. Could this neighborhood be the blueprint for future low-income redevelopments?
Read More »Getting Involved and Staying Relevant in the Mortgage Industry
Neil Sherman, Managing Partner at Schneiderman & Sherman, speaks with DS News about advice to newcomers in the industry and how veterans can stay relevant. See the exclusive interview here.
Read More »Cyprexx Expands InvisiBoard Offerings
Brandon, Florida based Cyprexx Services, LLC has launched new, more cost effective sheet sizes of its InvisiBoard polycarbonate in addition to providing select InvisiBoard products on Amazon.
Read More »THL Completes Majority Acquisition of Ten-X
Thomas H. Lee Partners, L.P. (THL), a private equity firm investing in middle market growth companies, announced that it has closed the acquisition of a majority interest in Ten-X, LLC (Ten-X), a leading online real estate marketplace. Members
Read More »Ellie Mae Celebrates Velocify Acquisition
Ellie Mae®, a cloud-based platform for the mortgage finance industry based in Pleasanton, California, announced that it has completed its acquisition of Velocify, a sales acceleration platform. The company’s acquisition was spurred in part to align with Ellie Mae’s goal to offer a fully digital mortgage.
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