The U.S. Department of the Treasury on Tuesday announced a series of new initiatives designed to increase the supply of affordable housing across the country. There are three core provisions of the... Read more »
The federally insured reverse mortgage known as a Home Equity Conversion Mortgage (HECM) is unique, as are the rates that impact the HECM product. For this reason, I will provide a short... Read more »
Struggling New York Community Bancorp (NYCB), which triggered fears of new bank collapses, could benefit from selling mortgage servicing rights (MSR) to improve its capital ratio, according to analysts at Keefe, Bruyette and Woods (KBW). ... Read more »
Sanjiv Vas, former CEO of Caliber Home Loans, has joined the board of directors at Two Harbors Investment Corp, a Minnesota-based real estate investment trust that expects to launch a mortgage originations platform in... Read more »
Dara from Sagent is the first mortgage software platform to unify all data and user experiences for servicers and homeowners across the entire servicing lifecycle. This unified platform powers the servicing ecosystem... Read more »
We millennials (at over 40, I’m an elder millennial or Xennial) are a vocal bunch for sure, having been the designers and original influencers of social media (Think: Mark Zuckerberg and Kim... Read more »
Three Bayview Asset Management-owned mortgage servicers are seeking to halt a plaintiff’s filing in a data breach lawsuit, citing an overabundance of confidential information shared about the incident, National Mortgage News first... Read more »
Add mortgage tech firm Guideline Buddy to the list of companies with an artificial intelligence-powered chat tool. Guideline Buddy’s chatbot leverages generative AI technology to simplify the loan qualification process by providing... Read more »
Last October, the Los Angeles City Planning Department ditched some of the region’s most ambitious actions to tackle racial and economic segregation and confront the ongoing affordability crisis. Two housing initiatives —... Read more »
This newly constructed modern ski home in The Peaks at Snowmass provides jaw-dropping views of Mt Crested Butte and the surrounding peaks. This sleek Mt. Crested Butte home is a short walk from the... Read more »