In their most recent projections, The Fed indicated one more rate hike in 2017. However, the implications of Hurricane Harvey and Irma hitting the U.S. coast could mean a holding back through the end of the year.
Read More »Proctor Financial Lends Aid to Harvey Victims
Proctor Financial, a provider of lender-placed insurance announced how it will be helping efforts in southeast Texas due to Hurricane Harvey.
Read More »Ellie Mae to Acquire Velocify
Ellie Mae, a cloud-based platform provider for the mortgage finance industry, announced it has signed a definitive agreement to acquire Velocify, a sales acceleration platform.
Read More »Ellie Mae Announces New SVP of Engineering
Ellie Mae, a cloud-based platform provider for the mortgage finance industry, has announced Dinesh Shahane as their SVP of Engineering.
Read More »McCabe, Weisberg & Conway Expands
McCabe, Weisberg & Conway, P.C., (MWC), a default services law firm representing mortgage lenders, banks, mortgage servicers, and financial institutions, announced that it expanded its “one-firm experience” to Florida, following its merger with Clarfield, Okon & Salomone of West Palm Beach. ...
Read More »Assurant Committed to Harvey Relief Efforts
The devastating aftermath of Hurricane Harvey has Assurant, a risk management solutions company, responding to the extensive homeowner and flood insurance claims from Texas and Louisiana. According to Assurant, the company’s First Response Team is prioritizing claims and inquiries from ...
Read More »The Week Ahead: Examining the Fintech Landscape
Tuesday, the Committee on Banking, Housing, and Urban Affairs will meet in an open session for a hearing titled “Examining the Fintech Landscape.” See the details as well as what else is coming in The Week Ahead.
Read More »Freddie Mac: Unaffordability Everywhere
Affordability is down for both homeowners and single-family rentals, according to data released by Freddie Mac. The GSE also announced measures to help make mortgages more affordable for borrowers with high loan-to-value ratios.
Read More »Cleveland Federal Reserve: Be Careful with Rate Hikes
The President of the Cleveland Federal Reserve, Loretta Mester, offers advice on monetary policy, interest rate hikes, and an outlook on the economy in an official statement.
Read More »NOLA Mismanaging HUD Funds
HUD’s Office of Inspector General (OIG) released the results of its audit of the City of New Orleans’ HOME Investment Partnerships program, which reveals that the city failed to protect more than $7.5 million in HOME funds disbursed. The Inspector General's ...
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