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  • Seller ROI Hits Highest Point Since 2007

    Seller ROI Hits Highest Point Since 2007

    Home seller ROI has hit an all-time high as of Q1 2017. The average seller now makes a 24 percent return on their original purchase investment, amounting to about $44,000 per sale. This is the...

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  • Discussing Diversity in the Mortgage Industry

    Discussing Diversity in the Mortgage Industry

    On May 11, the second annual Five Star Diversity Symposium will be held in Dallas, Texas. The Diversity Symposium is a day-long event focused on advancing the conversation on diversity within the...

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  • CFPB: Servicers Fail to Protect Borrowers

    CFPB: Servicers Fail to Protect Borrowers

    Through its supervisory activities, the Consumer Financial Protection Bureau has determined that some mortgage servicers are failing to provide adequate legal protection to struggling borrowers...

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  • Flagstar Sees Q1 Revenue Bump

    Flagstar Sees Q1 Revenue Bump

    Flagstar Bank is seeing growth across its mortgage service lines, according to the Q1 2017 earnings report released by the bank on Wednesday. Flagstar’s commercial real estate loans jumped 11...

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  • Tax Cuts to Affect Banks

    Tax Cuts to Affect Banks

    Treasury Secretary Steven Mnuchin released the president's tax reform plan which could have a significant impact on the mortgage industry and the financial industry as a whole. Calling the tax...

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  • Ocwen Moves to Expedite CFPB Ruling

    Ocwen Moves to Expedite CFPB Ruling

    Ocwen has filed three motions against the CFPB in hopes of speeding up a Circuit Court of Appeals decision on the Bureau's constitutionality. The motions arrive on the back of a recent suit filed...

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  • Jeff Bells Appointed as LoanCare CIO

    Jeff Bells Appointed as LoanCare CIO

    Bell will be responsible for planning, organizing, optimizing and managing staff and overall operations of LoanCare’s IT department. He will provide strategic leadership to ensure operational...

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  • Fannie Mae Tackles Student Debt Problem

    Fannie Mae Tackles Student Debt Problem

    Fannie Mae is now offering three solutions for borrowers with student loan debt. They will allow borrowers to exclude student debt in their debt-to-income ratio, let lenders accept student loan...

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  • Housing Prices Up 6 Percent Over 2016

    Housing Prices Up 6 Percent Over 2016

    Home prices are up yet again, both over the month and over the year. The latest House Price Index shows a more than 6 percent uptick over 2016's prices and nearly a full percent jump since January...

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  • Demand Cools Off as Inventory Heats Up

    Demand Cools Off as Inventory Heats Up

    Housing demand is starting to cool off, due largely to low inventory and rising prices. The Oakland, California, market was hit particularly hard in terms of demand for March. Demand hit a record...

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  • New Home Sales Up as Prices Rise

    New Home Sales Up as Prices Rise

    According to data released on Tuesday by the Department of Housing and Urban Development (HUD) and the Census Bureau, new home sales grew by 5.8 percent month-over-month in March, and 15.6 percent...

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  • Roostify Hires New CRO

    Roostify Hires New CRO

    Roostify has hired Frank Gelbart as the organization’s new Chief Revenue Officer. Under his new position, Gelbart will be in charge of managing partner relationships and driving both new and...

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  • Black Knight Integrates eSigning Tech into LOS

    Black Knight Integrates eSigning Tech into LOS

    Black Knight Financial Services has integrated Docutech's Solex, an eSigning technology into its LOS. Lenders can now access Solex, as well as Docutech's ConformX interface. ConformX...

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  • Trump’s Impact on Banks

    Trump’s Impact on Banks

    Approaching President Trump's 100th day in office, we took a look at how his administration has impacted the financial sector. From lending rates to bank stock prices, see in what directions the...

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  • DeMarco Tapped to Head HPC

    DeMarco Tapped to Head HPC

    The Financial Services Roundtable has appointed Ed DeMarco to head its Housing Policy Council. DeMarco has previously served at FHFA, the Treasury Department, the Milken Institute, and the Social...

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  • Texas Capital Completes First eClosing

    Texas Capital Completes First eClosing

    Thanks to its implementation of DocMagic’s Total eClose platform, Texas Capital Bank has successfully completed and funded it very first eClosing. Now one of the largest warehouse lenders to...

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  • Kansas Law Firm Makes New Hire

    Kansas Law Firm Makes New Hire

    SouthLaw, P.C. has expanded its team, bringing on Associate Attorney Lisa C. Billman for its Bankruptcy Department in Overland Park, Kansas. With a law degree from the University of Kansas School...

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  • Black Knight LOS Goes Digital

    Black Knight LOS Goes Digital

    Black Knight has partnered with Lender Price to offer a completely digital loan application process on its LoanSphere Empower LOS. The platform lets consumers apply for mortgage loans via their...

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  • Analysis: Section 502 & Recession Relief

    Analysis: Section 502 & Recession Relief

    A new analysis shows the USDA’s single-family loan programs offered a strong alternative to conventional loans during the housing crisis. At one point, 502 Guaranteed loans even exceeded 100...

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  • Wells Fargo Repairs Resolution Plan

    Wells Fargo Repairs Resolution Plan

    The FDIC and the Federal Reserve Board found that in December 2016, Wells Fargo had not yet remedied two of the three deficiencies the agencies had previously identified. Subsequently, the...

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