Noting a strong correlation between housing leverage and serious delinquency, researchers at the New York Fed answer the question of whether homeowners are currently over-leveraged and how likely they are to default if home prices begin to slide.
Read More »Cornerstone Mortgage Among 2018 Top Workplaces
Cornerstone Mortgage, a division of Guild Mortgage was recognized by St. Louis Post-Dispatch as a leading employer for the seventh straight year and was ranked eleventh in the midsize company category.
Read More »How Much of Household Debt Is Mortgage Based?
A study found that household debts are approaching new highs. Here’s how mortgages and other consumer loans are impacting the rising debt numbers.
Read More »Fannie Mae Among 100 Best Places to Work in IT
Fannie Mae was ranked 47th in the Best Places for IT Workers for driving innovation across the industry through new services, solutions, and agile methods for designing and developing solutions.
Read More »Sharon Reichhardt Promoted to VP at ARMCO
In her new role, Reichhardt will manage ongoing adoption by customers of the full feature-set of the ACES Audit Technology platform and oversee the professional services division at ARMCO.
Read More »National MI’s Bradley Shuster Named USMI Chairman
As Chairman of USMI, Bradley Shuster plans to continue to champion the role of private insurance in facilitating low down payment lending and protecting taxpayers against mortgage risk.
Read More »The Housing Market: Six Months After Tax Cuts
Here’s a snapshot of the impact of the tax cuts on the housing market six months after the bill became law.
Read More »Appeals Court Addresses Foreclosures & Promissory Notes
A New Jersey appeals court recently weighed in on a case involving a dispute over whether a foreclosing party that didn’t possess the note had standing to foreclose in the first place. Click through to learn the details of the case.
Read More »United Fidelity Funding Recruits National Wholesale Account Executive
As the National Wholesale Account Executive, Dunn will be working with a team of mortgage professionals to increase UFFWest's presence in the market.
Read More »OpenClose Recruits LOS Development Expert
Joseph Wade's expertise in LOS systems will help OpenClose to further innovate and enhance its existing software solutions. He will play an integral role in software innovation and enhancements for the mortgage fintech provider.
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