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Jane Fraser, who served as CEO of Citigroup's private bank for the past four years, has reportedly been tapped as the new chief executive of the bank's mortgage unit. [Read More]
The government's involvement in the mortgage market has ballooned to unhealthy proportions, according to the Mortgage Bankers Association (MBA). So what can the Federal Housing Finance Administration (FHFA) do [Read More]
News
A shortage of housing inventory is driving up home prices in select metropolitan markets, according to Pro Teck Valuation Services' May "Home Value [Read More]
To help mortgage servicers comply with new Consumer Financial Protection Bureau (CFPB) regulations, IndiSoft is partnering with Hope LoanPort (HLP) to facilitate seamless [Read More]
Residential appraisal firm Accurity Valuation is now using ACI's real estate appraisal software to streamline the production and distribution of appraisal reports. With [Read More]
From The Orb

PERSON OF THE WEEK: Military families are more likely to have excessive credit card debt compared to average Americans and have been described by the U.S. Department of Defense [Read More]
BLOG VIEW: Last week, the GSEs released their numbers for the first quarter of 2013. Under normal circumstances, for normal companies, the figures would have simply represented strong financial [Read More]
It is easy to get turned off on politics, especially in view of the strident nature of recent political campaigns and the partisan intransigence that seems to have kept [Read More]

President Obama has announced his new man for the role of Federal Housing Finance Authority (FHFA) director: U.S. Rep. Melvin Watt from North Carolina, a Democrat. "One of the [Read More]
News
Opes Advisors, a wealth management and mortgage banking firm based in Palo Alto, Calif., has launched a new bridge loan program designed for [Read More]
CFI Group, a customer satisfaction technology and analytics firm, has entered into a partnership with STRATMOR Group, a mortgage industry advisory firm, to [Read More]
St. Louis-based Enterprise Bank & Trust, the banking subsidiary of Enterprise Financial Services Corp., has acquired the operating assets of Gorman & Gorman [Read More]
DataQuick, a provider of real estate data and analytics, says that Rels Title, which was acquired by DataQuick last September, has been officially [Read More]
A federal judge has issued a new decision on a lawsuit accusing JPMorgan Chase & Co. of misrepresenting risky residential mortgage-backed securities (RMBS) [Read More]
U.S. mortgage rates moved higher for a second consecutive week, with the benchmark 30-year fixed mortgage rate climbing to 3.71%, according to Bankrate.com's [Read More]
Alpharetta, Ga.-based real estate investment company Hibernian Pacific Holdings LLC (HPH) has purchased a portfolio of 45 single-family attached and detached residential properties [Read More]



















