CoreLogic: U.S. Home Prices Up 1.7% In July
U.S. home prices increased 1.7% in July compared to June, including distressed sales; however, they are forecast to increase only 0.6% from July to August,  [read more]
Tue, 02 Sep 2014 00:00:00 -0400
Matt Clarke: 'No Second Chances In A Purchase Market'
PERSON OF THE WEEK: Matt Clarke is chief financial officer for Churchill Mortgage, a regional mortgage lender based in Brentwood, Tenn. MortgageOrb recently interviewed Clarke  [read more]
Tue, 02 Sep 2014 00:00:00 -0400
HARP's Image Problem
BLOG VIEW: I couldn't help but chuckle when I watched a video of Mel Watt, director of the Federal Housing Finance Agency (FHFA), saying in  [read more]
Fri, 29 Aug 2014 13:39:52 -0400
CFPB Names New Senior Leaders, Advisory Board And Council Members
The Consumer Financial Protection Bureau (CFPB) has appointed several new leaders within the bureau, as well as new consumer finance experts from outside the federal  [read more]
Fri, 29 Aug 2014 13:29:28 -0400
Fannie Mae Plans To Move Out Of Its Headquarters
In an effort to consolidate, government-sponsored enterprise Fannie Mae is reportedly moving from its Washington, D.C., headquarters it purchased nearly 40 years ago. According to  [read more]
Fri, 29 Aug 2014 13:12:10 -0400
Rushmore Loan Management Services Expanding To Puerto Rico
Rushmore Loan Management Services LLC, a national residential mortgage loan servicer of performing and non-performing loans, says it is extending its specialty residential loan servicing  [read more]
Fri, 29 Aug 2014 00:00:00 -0400
Freddie Mac: Mortgage Rates Basically Flat Heading Into Labor Day
Mortgage rates were largely unchanged during the week ending Aug. 28, Freddie Mac reports. According to the firm's Primary Mortgage Market Survey, the average rate  [read more]
Thu, 28 Aug 2014 14:45:37 -0400
DebtX: CMBS Loan Prices Dipped Slightly In July
DebtX, which provides third-party loan valuation services for both public and private clients, reports that prices of loans underlying the commercial mortgage-backed securities (CMBS) universe  [read more]
Thu, 28 Aug 2014 14:43:47 -0400
Freddie Mac: Housing Market Continued To Be 'Weak' In June
Despite some signs of improvement, the U.S. housing market continued to be "weak" in June, according to Freddie Mac's Multi-Indicator Market Index (MiMi). The index  [read more]
Thu, 28 Aug 2014 14:39:25 -0400
NAR: Pending Homes Sales Up 3.3% In July
Pending home sales increased 3.3% in July compared to June, but were still 2.1% below July 2013, the National Association of Realtors (NAR) reports. Pending  [read more]
Thu, 28 Aug 2014 00:00:00 -0400
Churchill Mortgage Hires Jay McCarthy As Chief Marketing Officer
Jay McCarthy has joined Churchill Mortgage as chief marketing officer. McCarthy has more than 20 years of experience in specialized marketing, advertising, communication and brand  [read more]
Thu, 28 Aug 2014 00:00:00 -0400
OIG Report Says TBW Fraud Scheme Could Have Been Avoided
The elaborate mortgage fraud scheme perpetrated by lender Taylor, Bean and Whitaker (TBW) and its warehouse lender, Colonial Bank, which resulted in billions of dollars  [read more]
Wed, 27 Aug 2014 17:16:49 -0400
Platinum Data Adds Platinum Comps To Its RealView Solution
Platinum Data Solutions reports that it has enhanced its RealView appraisal quality control solution with Platinum Comps, a new feature that analyzes, scores and ranks  [read more]
Wed, 27 Aug 2014 16:03:02 -0400
Veros Integrates With Calyx To Give Users Fast Access To AVMs
Lenders using Calyx Software's Point loan origination system (LOS) can now instantly access Veros Real Estate Solutions' VeroVALUE and other automated valuation models (AVMs) right  [read more]
Wed, 27 Aug 2014 15:03:55 -0400
CoreLogic: Completed Foreclosures Fell 8.5% In July
About 45,000 foreclosures were completed across the U.S. in July - down 8.5% from about 49,000 in June and down 21.2% compared to the approximately  [read more]
Wed, 27 Aug 2014 12:34:52 -0400