Housing industry remembers Sen. John McCain

Date: 27 Aug 2018 / Posted By: admin

Housing industry remembers Sen. John McCain Over the weekend, Sen. John McCain passed away at the age of 81. Now, members of the housing and mortgage finance industries are paying tribute to the renowned Republican politician, expressing their support in remembrance of the war hero-turned U.S. sena

Private mortgage insurance surges in Q2

Date: 27 Aug 2018 / Posted By: admin

Private mortgage insurance surges in Q2 Private mortgage insurance continues to surge, seeing a significant increase in new mortgage insurance written in the second quarter. New mortgage insurance business volume rose to about $80.3 billion, rising 14% annually and hitting a new post-crisis peak.

Freddie Mac: August forecast shows affordability hinders growth

Date: 27 Aug 2018 / Posted By: admin

Freddie Mac: August forecast shows affordability hinders growth Home sales growth is expected to slow through the remainder of the year, as a lack of affordability and supply contribute to a continual slowdown, according to Freddie Mac’s August Forecast. Freddie Mac Chief Economist Sam Khater sai

HighTechLending: It’s all about leads

Date: 27 Aug 2018 / Posted By: admin

HighTechLending: It’s all about leads When HUD issued changes to the HECM program last year, it made the already elusive quality reverse mortgage lead an even more challenging get, according to HighTechLending President Don Currie. The situation convinced the lender to take matters into its own h

The American College champions reverse mortgages

Date: 27 Aug 2018 / Posted By: admin

The American College champions reverse mortgages A sizable number of financial advisors are misinformed about reverse mortgages, and The American College of Financial Services has set out to set the record straight. Through its RICP program, the college educates advisors on how a reverse mortgage

Monday Morning Cup of Coffee: Quicken Loans/United Wholesale drama continues

Date: 27 Aug 2018 / Posted By: admin

Monday Morning Cup of Coffee: Quicken Loans/United Wholesale drama continues Senator John McCain died Saturday at 81 after a year-long battle with brain cancer. Also, there’s a bit of a situation happening between Quicken Loans and United Wholesale Mortgage, and it’s been a virtual he-said, she

Airbnb sues New York City over new host data law

Date: 24 Aug 2018 / Posted By: admin

Airbnb sues New York City over new host data law Airbnb is suing New York City over a recently passed law that forces the company to reveal hosts’ data, saying this law violates users privacy rights. New York recently passed new legislation that is designed to target illegal short-term rental act

This southern MSA's property values keep rising

Date: 24 Aug 2018 / Posted By: admin

This southern MSA's property values keep rising This southern city is predicted to see a 7.6% rate of real estate appreciation over the next year and is ranked 39th out of 354 MSAs analyzed in Veros' latest VeroFORECAST. Where is it? Read more to find out. Source: https://www.housingwire.com/

Fannie, Freddie remind servicers of options as Hawaiian hurricane approaches

Date: 24 Aug 2018 / Posted By: admin

Fannie, Freddie remind servicers of options as Hawaiian hurricane approaches Hurricane Lane is set to make landfall over the weekend and Fannie Mae and Freddie Mac are reminding servicers of their options in the wake of the upcoming storm. As the storm moves closer, the GSEs explained homeowners af

Ukrainian man jailed for selling hacked financial information that led to $31 million loss

Date: 24 Aug 2018 / Posted By: admin

Ukrainian man jailed for selling hacked financial information that led to million loss A Ukrainian man will spend the next six years in a U.S. prison after being convicted of trafficking in stolen financial information, including more than 60,000 credit card numbers and online banking logins. The