-
The Rise of Green Mortgages: How Sustainability is Shaping the Lending Industry Explore how green mortgages are transforming the lending industry by promoting sustainability and offering financial incentives for eco-friendly home improvements.
Lending (1510)
Radian Rebrands Its Companies Under One Radian Model
Radian currently operates as a family of companies that includes Radian Guaranty, Radian Reinsurance, Clayton Holdings, Green River Capital, ValuAmerica, Entitle Direct, and Red Bell Real Estate. Going forward these companies will operate under the new Radian brand. The rebranding reflects the company’s strategy to offer more than just individual solutions through silos. “Unlike traditional… Read more...
Tagged under
Wells-eOriginal Deal Could Mean Wider E-Note Adoption
Wells Fargo Home Lending will now be using e-Original’s e-vault platform to accept e-notes as collateral. The decision to deploy the platform could tip the balance in favor of widespread industry adoption of the technology. One of the factors driving the the lack of adoption—Fannie Mae and Freddie Mac accepted e-mortgages, but few investors did--was… Read more...
Tagged under
Flagstar Unveils New Products, Tech Plans; Fratantoni: Origination Volume to Rise 4.2%
Flagstar Unveils New Products, Tech Plans Flagstar has unveiled some new lending products and plans some digital mortgage initiatives in 2019. “Flagstar Last Friday rolled out some new products. A standalone HELOC for brokers and correspondents. Also, it began offering construction jumbo fixed and adjustable rate mortgage loans,” said Kristy Fercho, president of mortgage for… Read more...
Tagged under
MIAC Names New Head of Borrower Analytics
The Mortgage Industry Advisory Corp. has hired Dick Kazarian to serve as director of the borrower analytics group. MIAC provides pricing, risk management and accounting solutions to mortgage and financial services companies. Kazarian has more than 20 years of experience in designing, developing, validating, and marketing quantitative models. These include empirical behavioral models across a… Read more...
Tagged under
Real Estate Investment Funds, Executives Facing Federal Charges
The Securities and Exchange Commission today announced charges against two real estate investment funds and four executives in connection with their alleged roles in misleading investors by failing to disclose that it could not pay its distributions and was using money from a newer fund to pay distributions to investors in the older fund. Also,… Read more...
Tagged under
Quicken: Homeowners' Realistic About Home Values
Homeowners are realistic about the value of their homes. For the second consecutive month, home value perceptions remained steady with owners barely overvaluing their home, at a national level. In September, the average appraisal was only 0.29 percent less than what owners expected, according the Quicken Loans National Home Price Perception Index This result is… Read more...
Tagged under
New American Funding To Deploy Black Knight’s Servicing Digital Solution
New American Funding will deploy the Black Knight Servicing Digital solution, which provides borrowers with an easy way to manage their loans and access details about how much wealth can generated from their real-estate assets. Servicing Digital will also help New American Funding strengthen customer relationships and increase retention by giving their consumers easy, round-the-clock… Read more...
Tagged under
Foreclosure Filings Approach 13-Year Low
Foreclosure filings have declined to their lowest level in 13 years, almost setting a new 13-year low. The number of properties that received foreclosure filings--default notices, scheduled auctions or bank repossessions—fell to 177, 146 properties in the third quarter of 2018, a decline of six percent, according to the most recent U.S. Foreclosure Market Report… Read more...
Tagged under
Yourhome1source-Aboutmymortgage.com Form Alliance
Yourhome1source and Aboutmymortgage.com have created an alliance designed to ensure that borrowers have the information they need to make well-informed mortgage decisions. On YourHome1Source.com borrowers will now have expedited access to information about their existing mortgage, so they can make an informed decision about a potential refinance, home equity loan or a new mortgage. Your… Read more...
Tagged under
Flagstar Hires Fourth Senior Mortgage, Banking Exec in Past 14 Months
[caption id="attachment_6748" align="alignleft" width="150"] Scott Bristol[/caption] Flagstar Bank has hired its fourth senior mortgage and banking executive in a little more than a year. The fourth, and most recent hire, was Scott Bristol as senior vice president and national production manager of its retail mortgage business. He brings to Flagstar more than 20 years of… Read more...
Tagged under
MOST READ STORIES
Fast,Easy & Free
