DocMagic, Inc., a provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, announced that Jonathan Kearns has been appointed to the Mortgage Industry Standards Maintenance Organization (MISMO) Residential Standards Governance Committee. “We congratulate Jonathan on his appointment ...
Read More »OwnAmerica Originates $76 Million in SFR Transactions
OwnAmerica, an online marketplace for single-family rental investments (SFR) announced the conclusion of 21 transactions totaling 656 homes. The company reports a surge in supply and demand for mid-sized SFR portfolios. According to the release, 16 million SFR homes currently ...
Read More »HouseCanary Announces New Partnerships
HouseCanary recently announced it has expanded its Agile Appraisal Management Platform further through partnerships with appraisal management company AXIS Appraisal Management Solutions and Mercury Network. Utilizing HouseCanary's robust data and analytics with the expertise of local appraisers—Agile Appraisal enables delivery ...
Read More »The Week Ahead: Senate Committee to Reconvene on Powell Nomination
On Tuesday, the Committee on Banking, Housing, and Urban Affairs will meet in an Executive Session to further consider the nomination of Jerome Powell as Chairman of the Federal Reserve. See what else is in store for The Week Ahead.
Read More »Risky Business
The FHA’s Mutual Mortgage Insurance Fund currently covers both forward and reverse mortgages. But is that really the best way to asses risk for the programs?
Read More »What Lies Ahead?
With a new year on the horizon, what does the future have in store? A recent report breaks down the top five market trends to look out for in 2018.
Read More »Title Insurers Look Forward to Strong 2018
Fitch Ratings has released a new 2018 Outlook forecasting good things for the title insurance industry next year, thanks in part to rising home prices. However, a downtick in mortgage originations may hamper revenue growth.
Read More »Loans and Profits Sink for Independent Lenders
A new report released Thursday finds that independent mortgage banks and mortgage subsidiaries of chartered banks reported a drop in net gains in each loan they originated in Q3 2017—read on the discover the performance breakdown.
Read More »Yellen Talks Economic Outlook as Tenure Winds Down
Federal Reserve Chair Janet Yellen delivered her Economic Outlook testimony on Wednesday—which could be her last appearance before Congress before she leaves the Fed in February. Overall, Yellen said that the U.S. economy has strengthened further this year. Despite adversity ...
Read More »Pending Home Sales Rebound, or Not . . .
The National Association of Realtors reported a rise in pending home sales in October, but what does that mean for the bigger picture?
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