On Wednesday, The Fed raised rates for the second time this year. How will the latest hike impact homeowners who are applying for HELOCs? Experts weigh in.
Read More »How Do Non-prime Loans Help Underserved Borrowers?
Rick Sharga, EVP, Carrington Holdings explains the key difference between the subprime loans issued prior to the Great Recession that led to defaults and today’s non-prime loan products that are unlocking homeownership potential for underserved borrowers.
Read More »ARMCO Appoints Nick Volpe as CSO
At ARMCO, Volpe is charged with expanding the adoption of ACES Audit Technology across financial enterprises and shepherding new solutions to market.
Read More »Equifax Introduces New Indicator to Reduce Friction in Lending
Equifax's Work Number indicator is an alert that can reduce lending friction for consumers and lenders with income and employment information available early in the process.
Read More »500 Days in the Housing Industry
As the Trump administration celebrates 500 days in office this month, take a look at the key legislation and nominations that have impacted the industry during this time.
Read More »‘Improving Transparency and Accountability at CFPB’
In April, CFPB Acting Director Mick Mulvaney had recommended steps to improve the “transparency and accountability” at CFPB. Here’s what the Financial Services Committee discussed at a hearing on Wednesday on these reforms.
Read More »How AI Will Change Mortgage Servicing
After its recent acquisition, Black Knight is looking at using artificial intelligence and machine learning to improve operational efficiencies in loan processing and servicing. Here’s how.
Read More »How Widespread Is Negative Equity?
During the height of the housing crisis, approximately 30 percent of homeowners were in negative equity, owing more than what their homes were worth. A decade later, how have those numbers changed? Click through to read a recent report providing new insights into underwater mortgages.
Read More »Citizens Bank Adds 200K Households to its Servicing Portfolio
The acquisition will help Citizens Financial expand its mortgage banking business as well as create a top-15 bank-owned mortgage servicing and origination platform.
Read More »Where is the Mortgage Industry Headed in 2018?
Customer service will be key to any innovation in the mortgage and servicing space according to a report. What are the other trends shaping the industry this year?
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