Housing Wire. Outgoing Las Vegas Realtors President Merri Perry and the president-elect who was scheduled to take her position — Joshua Campa — resigned...
Housing Wire. Outgoing Las Vegas Realtors President Merri Perry and the president-elect who was scheduled to take her position — Joshua Campa — resigned...
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What a disruptive year 2016 was for the mortgage lending industry. During the first half of the year, most lenders were still dealing with the aftermath of implementing the TILA-RESPA Integrated Disclosures (TRID) rule, with all its complexity and brutal...
The legal battle between the Consumer Financial Protection Bureau (CFPB) and New Jersey-based mortgage lender PHH Corp., is one of the most watched cases in the mortgage and real estate industries, and for good reason: It involves a huge enforcement...
GOOD NEWS! Three recent reports tell us that lending standards are easing, which is promising for first-time buyers and current homeowners who’d like to move or buy a vacation or retirement home. Here’s what they say: The Mortgage Bankers’ Association...
Earlier this week, the Consumer Financial Protection Bureau (CFPB) fined real estate brokers and lenders $4 million. Today, the future of the agency is up in the air, with President Trump taking a step towards rolling back the 2010 Dodd-Frank Wall Street...
Mike Klemens, 81 years old, is a bridge player, real-estate investor and part of a new generation of private lenders helping reshape the American home-mortgage market. From his ranch-style house in the hills above the San Fernando Valley, he services...
The nation’s low interest rate environment spurred an increase in pending home sales in August, as the index rose 1.6%, according to the National Association of Realtors. The Pending Home Sales Index, a forward-looking indicator based on contract signings...
This week, the average U.S. fixed rate for a 30-year mortgage fell to 3.64%. That's nine basis points below last week’s 3.73% and more than a percentage point lower than the 4.72% of the year-earlier week, according to the Freddie Mac Primary Mortgage...
Inflation-adjusted GDP increased at an annual rate of 2% in the second quarter, according to the third estimate from the Bureau of Economic Analysis. In the first quarter of the year, GDP grew at a 3.1% pace. Today's Q2 GDP estimate is based on more...
The Consumer Financial Protection Bureau announced five new additions to its executive leadership team. The bureau announced new positions for Desmond Brown, Jason Brown, Karla Carnemark, Ren Essene and Bryan Schneider.
For at least the sixth time in the last handful of years, CoreLogic is growing its massive real estate data and technology empire by acquiring a company. In just the last few years, CoreLogic has acquired a la mode, Mercury Network, LandSafe Appraisal...
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Paltry GDP growth shows economy is "barely above water" | 2016-07-29 | HousingWire
In the second quarter of 2016, real gross domestic product, the value of everything a nation produces, grew at a rate of 1.2% from last year, according to the estimate released today by the Bureau of ...
TRID slashes independent mortgage banks' profits by 60% | 2016-03-17 | HousingWire
Independent mortgage banks and mortgage subsidiaries of chartered banks net gain on each loan they originated plummeted 60% in the fourth quarter of 2015 due to the implementation of the Consumer Fina...
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