Non-QM Lender Looks to Improve Speed of Loan Process
Angel Oak Mortgage Solutions, LLC, a wholesale and correspondent non-QM lender, announced the launch of QuickQual. This loan tool will enhance the ease and speed at which loan officers (LOs) can...
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Loan Document Provider Announces Integration
DocMagic, Inc., a provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that INTEGRA Software Systems (INTEGRA) will offer...
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The Week Ahead: Studying Existing-Home Sales Across the Nation
The National Association of Realtors (NAR) will look to see if existing-home sales rebounded from a 1.7% drop in June, as the NAR will release its latest existing-home sales report on Wednesday,...
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HUD Proposes Amendments to Disparate Impact Rule
The Department of Housing and Urban Development aims to align the current Disparate Impact Rule with a Supreme Court ruling and also address the role of technology through the amendment.
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Mixed Results for Single-Family Housing Starts, Building Permits
The results of July’s Census Bureau New Residential Construction Survey was a mixed bag. Building permits in July grew month-over-month by 8.4% to 1.33 million, and 1.5% annually. Single-family...
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Are Fannie and Freddie Prepared for Adverse Conditions?
FHFA, released the results of the stress tests for the two GSEs as required by the Dodd-Frank Act. Here’s what the tests revealed about the creditworthiness of the enterprises.
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The Slowing Rate of Home-Value Growth
Zillow’s July Real Estate Market Report shows that home values for the month grew 5.2% annually to an average of $229,000—the seventh-consecutive month with declining appreciation. July 2019...
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Jeff Schmidt to Lead Gateway First’s Mortgage Ops
As Chief of Mortgage Operations, Jeff Schmidt will manage the underwriting, appraisal, closing/funding, post-closing, and construction lending departments at Gateway First.
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What’s Next Following Wednesday’s Economic Crash?
The stock market did its best to recover Thursday after falling off the cliff on Wednesday, sending Wall Street into panic as the 10-year and 2-year Treasury yield curves inverted for the first...
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Eye on the Industry: Updates on New Hires, Acquisitions
The Board of Directors of the Federal Home Loan Bank of San Francisco has promoted Greg Ward to EVP and Chief Risk Officer and promoted Arlene Coyle to SVP and Chief Audit Executive, the role...
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Affordability, Technology, and the Future
Editor’s note: This feature originally appeared in the August issue of MReport, out now. Danny Gardner leads Freddie Mac’s Single-Family Affordable Lending and Access to Credit business. In this...
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Ellie Mae Partners with Visionet to Enhance LOS Experience
The integration allows lenders to more efficiently and securely share data between Visionet’s VLR solution and Encompass to drive efficiency in the loan origination.
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AIME, Homebot Partner to Empower Homeowners
Through this partnership, Homebot will drive more transactions for AIME's mortgage broker community with its engagement platform.
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Why Low Mortgage Rates Aren’t Stoking Home Sales
An analysis of some of the nation’s top markets gives insights into the factors that are overriding the benefits of low rates.
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The Constraints on Housing Growth
Click through to learn more about what a new Fannie Mae report has to say about trends that are impacting the housing market and the economy.
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Hispanic Homeownership Problems
Hispanic homeownership is lagging behind non-Hispanic white homeownership, and a new study takes a look at where Hispanic homeownership has fallen behind the most.
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FHA Announces New Financing Policies for Condos
The Federal Housing Administration (FHA) announced on Wednesday new regulations and policies for the condominium approval process, aimed to help affordability for first-time buyers. New rules and...
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Prospective Homebuyers Shying Away From the Housing Market
Just 12% of adults are considering buying a home over the next 12 months, according to a poll by the National Association of Home Builders (NAHB). The latest figures represent a 14% year-over-year...
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Positive Signs for Mortgage Applications
Data from the Mortgage Bankers Association shows a 21.7% increase in mortgage applications for the week ending August 9. The Refinance Index increased 37% from the previous week to the highest...
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Dow Falls 800 Points, Recession Worries Sweep Wall Street
Editor's note: This is a breaking story. Please check back for updates. Recession fears filled Wall Street on Wednesday as the Dow Jones crashed, falling more than 800 points, and the 10-year...
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