Subscribe to this RSS feed
Originating

Originating (1372)

Fannie's Economic Predictions for 2018, 2019 On the Mark

Fannie's Economic Predictions for 2018, 2019 On the Mark

Friday, 19 October 2018
Originating
Written by
Economic growth remains on-track to hit Fannie Mae’s 2018 projected growth rate of 3 percent, and meet its 2019 forecast of 2.3 percent, despite expectations of slightly stronger third-quarter growth than in the prior forecast, according to the Fannie Mae Economic and Strategic Research Group’s October 2018 Economic and Housing Outlook. Residential fixed investment is… Read more...
Tagged under
Hurricane Michael Damage Estimated at $3-5 Billion

Hurricane Michael Damage Estimated at $3-5 Billion

Friday, 12 October 2018
Originating
Written by
CoreLogic has updated its residential and commercial storm surge and wind loss estimates for Hurricane Michael. According to this new data analysis, the wind losses for residential and commercial properties in Florida are expected to be between $2 billion and $3 billion and the storm surge losses, including losses covered by National Flood Insurance Program… Read more...
Tagged under
Total Expert Raises $20M in Venture Capital

Total Expert Raises $20M in Venture Capital

Friday, 12 October 2018
Originating
Written by
Total Expert, a creator of digital marketing and communication software, has raised $20 million in venture capital. The round, a Series B Funding, was led by Emergence Capital with participation from Rally Ventures and Arthur Ventures, bringing the total funding for the company to $34 million. “People expect digital simplicity and real human relationships, and… Read more...
Tagged under
SEC, U.S. Attorney Charge Developer with Fraud

SEC, U.S. Attorney Charge Developer with Fraud

Thursday, 11 October 2018
Originating
Written by
The SEC and the U.S. Attorney’s Office for the Eastern District of Virginia have charged a Virginia real-estate developer with securities fraud and skimming investor funds that were intended to be used to purchase an office building near the site of a planned commuter rail station on the Washington, D.C. Metro’s Area Silver Line. Todd… Read more...
Tagged under
A Primer for Building Realtor Relationships in a Purchase Market

A Primer for Building Realtor Relationships in a Purchase Market

Thursday, 11 October 2018
Originating
Written by
“Relationships are the mother’s milk of every mortgage broker,” to paraphrase Thomas Jefferson. Relationships with realtors are a key to picking up the purchase business. In the past, that meant taking donuts to real estate office, or coffee, was enough to gain their business. That not enough anymore. Realtors are bombarded with requests from mortgage… Read more...
Tagged under
Over 30% of Borrowers Expect Access to Web-Based Technology

Over 30% of Borrowers Expect Access to Web-Based Technology

Wednesday, 10 October 2018
Originating
Written by
Borrowers are coming to expect access to web-based technologies during the origination process. Online borrower portals, online chat, and text messaging are changing how consumers of all ages approach the mortgage process, according to “The Digital Mortgage Experience: A Study of Shifting Borrower Expectations,” a survey from Velocify. More than a third of them prefer… Read more...
Tagged under
Fed Survey: Earnings growth Positive, Unemployment Fears Increase

Fed Survey: Earnings growth Positive, Unemployment Fears Increase

Wednesday, 10 October 2018
Originating
Written by
Labor market expectations improved with the median one-year ahead earnings growth expectations reaching a new series’ high and households having more optimistic unemployment expectations, meaning they fear losing their jobs, according to the September 2018 Survey of Consumer Expectations from the Federal Reserve Bank of New York’s Center for Microeconomic Data. In contrast, expectations about… Read more...
Tagged under
ACUMA Elects New Board Members

ACUMA Elects New Board Members

Tuesday, 09 October 2018
Originating
Written by
The American Credit Union Mortgage Association's membership has elected two new board members to three year terms. Alissa Sykes, senior vice president and chief lending officer at Sunmark Federal Credit Union; and Jason Sasena, senior vice president of National Mortgage Production at Lake Michigan Credit Union have won election to ACUMA's board. ACUMA is a… Read more...
Tagged under
NAMB Shares FBI’s Tips To Prevent Wire Fraud

NAMB Shares FBI’s Tips To Prevent Wire Fraud

Tuesday, 09 October 2018
Originating
Written by
Wire fraud has more than doubled over the past two years, and since 2013 has cost more than $12 billion in the U.S. Between 2016-18 the incidence of wire fraud grew 136 percent, attracting the attention of the Federal Bureau of Investigation and NAMB. As a result, NAMB has urged members to share this information… Read more...
Tagged under
Lenders-Originators Can Secure Email, Thwart Cyber Thieves

Lenders-Originators Can Secure Email, Thwart Cyber Thieves

Monday, 08 October 2018
Originating
Written by
Email remains an important channel of communication with borrowers. Yet it exposes loan originators, and the companies they work for, to security risks. Financial organizations—and originators in particularly since they are on the front line with borrowers—face a decision on how much security they want because it can undermine the lending experience. The security concern… Read more...
Tagged under

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline