The bad news is that 67 million homes in the United States are seriously underwater. The good news is that that number hasn’t gotten worse.
Read More »LendingHome Appoints Chief Risk Officer
Fintech mortgage marketplace LendingHome has announced the appointment of expert risk leader Cynthia Chen as Chief Risk Officer.
Read More »Trump Breaks Silence on Housing
Donald Trump shares that the home building business and housing industry taught him everything he knows and the NAHB 2016 Midyear Board of Directors Meeting , in Miami, Florida.
Read More »LRES Names New Chief Appraiser
Real estate services provider LRES has announced the promotion of Wynetta Byers to chief appraiser.
Read More »Lenders Find New Strengths In Shared Households
Americans have been creating shared households in which parents, children, grandparents, or other extended family live together in a home and contribute to rent or mortgage, and extended income households have particular strengths that can be important to lenders.
Read More »Morgan Stanley Begins to Fulfill RMBS Settlement Debt
Under a settlement with federal and state regulators in connection with mortgage-backed securities practices, Morgan Stanley has begun to fulfill its consumer relief obligations.
Read More »Do Demographics Play a Role in the Current Homeownership Rates?
After half a decade from the bottom of the housing bust, the U.S. homeownership rate still remains stuck at a current 50-year low and a look at the demographics of those Americans that do own homes today, and those that do not, and compares the data to that of past decades may be useful in understanding this phenomenon.
Read More »Five Star Institute Announces Sharon Bartlett as Executive Director of Industry Relations
The Five Star Institute announced that Sharon Bartlett joined their company to further develop mortgage industry relations and education. Sharon comes to Five Star with a wealth of experience within the industry, having spent the last 30 years holding various positions in mortgage ...
Read More »Let the Bidding Begin: Seventh Non-Performing Loan Sale Announced
Fannie Mae recently announced the seventh sale of non-performing loans as well as the fifth Community Impact Pool, offered by the company.
Read More »Freddie Mac Updates Home Possible Tool for Lenders
Freddie Mac is offering an updated Home Possible Income & Property Eligibility Tool which allows lenders to determine if a borrower meets the income requirements for a low down payment mortgage on a specific property.
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