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Previous Ginnie Mae President to Join PennyMac Board

PennyMac Financial Services, Inc., a specialty financial services firm, announced Thursday that August 1, 2017 former President of the Government National Mortgage Association (Ginnie Mae), Theodore W. Tozer, will join its Board of Directors.

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Holding the Line

delinquency

The June 2017 First Look at Mortgage Data revealed mortgage delinquencies aren’t following normal seasonal patterns—but it’s a good thing. Read on to see what they’re doing.

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An Unlikely Pair

Baby Boomers are always complaining about millennials, but older homeowners could benefit from opening their doors to a younger roommate in more ways than one. . .

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Mortgage Experts Weigh in on Vacant and Abandoned Properties

The issues surrounding vacant and abandoned homes have been discussed at length for years, but the National Mortgage Servicing Association has now proposed policies to standardize procedures, definitions, and best practices. What incite are industry experts giving on the prevalent matter?

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Suburban Boom

While some major metropolitan cities might be lacking in terms of home price growth compared to others, some surrounding suburbs are still becoming hot markets. What could be the cause of this trend?

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