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Updated: 36 min 13 sec ago
Concentric Equity Partners has agreed in principle to purchase CoreLogic's Property Preservation and Valuation divisions, according to unconfirmed reports.
We offer a solution on the Pavaso platform called Title Check — where title companies can stay in front of existing customers by offering them an annually recurring service to check their title and ensure it’s clean. This is an entirely new line of revenue to leverage all of those customers that they’ve acquired and closed, instead of purely focusing on bringing in the next closing.
With so many changes taking place in the default servicing arena, with heightened focus on regulations and compliance issues, one solution being chosen by some lenders, servicers and investors is to contract with multiple field service providers, rather than a single “national” provider.
The second quarter gross domestic product grew at an annualized rate of 4.6%, according to the third and final estimate from the government Bureau of Economic Analysis.
Bill Gross is a legend in bond trading, as one of three co-founders of PIMCO, the largest global bond broker/dealer. He leaves to join Janus amid reports of an SEC investigation concerning bond platforms he managed at PIMCO and rumors that his behavior had become "erratic" and that he was to be fired imminently.
The Federal Housing Finance Agency can further mitigate the risks posed by Fannie Mae’s and Freddie Mac’s reliance on their counterparties’ information on origination and servicing compliance.
Despite some stellar news on Wednesday on new home sales, the HW 30 – HousingWire’s proprietary index of stocks that drive the housing economy – had a rough go of it, especially the stocks that straddle housing and technology.
Good news for banks: Attorney General Eric Holder’s departure is the beginning of the end of the Justice Department’s push to hold big banks accountable for their pre-crisis conduct.
U.S. Attorney General Eric Holder will announce on Thursday he is stepping down after a term marked by advances in civil rights and frequent battles with Republicans in Congress.
“Given the fundamental changes that have occurred in the financial system since the creation of the Federal Home Loan Banks, FHFA views the merger agreement approved by the boards of the Federal Home Loan Bank of Seattle and the Federal Home Loan Bank of Des Moines positively,” FHFA Director Mel Watt said.
Historically, courts have ruled that plaintiffs making discrimination claims under the Fair Housing Act don’t have to prove intentional bias. But this could change soon depending on a Texas lawsuit.
Although a new study indicates that inflated appraisals are less common today, the impact of low appraisals may be problematic in its own right — higher levels of loan rejections that put a damper on the housing market.
This recent decision by the Nevada Supreme Court could substantially impact the security of the first mortgage liens by superseding authority to foreclosure rights.
Fannie Mae chief operating officer Terence Edwards plans to leave the company in the first half of next year, with some of his responsibilities already being transferred over.
New factory orders for durables plummeted a record 18.2% in August, following a record spike of 22.5% in July.
So miss your subprime mortgage payment, perhaps the lender should remotely lock you out? Turn off your DirecTV? Cut off your Verizon WiFi? Set your thermostat for 95 degrees?
Mortgage rates barely moved from the week prior amid mixed housing data, with the 30-year, fixed rate mortgage averaging 4.20% for the week ended Sept. 25.
"Borrower equity is important because home equity constitutes borrowers’ largest investment segment and, as a result, is driving forward the rise in wealth for the typical homeowner," said Sam Khater, deputy chief economist for CoreLogic.
The advance figure for initial claims was 293,000 for the week ending Sept. 20, an increase of 12,000 from last week.
The mortgage delinquency rate jumped nearly 5% in August, reaching its highest point since February, the Data and Analytics division of Black Knight Financial Services reported in its “first look” at August 2014.