Ellie Mae®, a cloud-based platform for the mortgage finance industry based in Pleasanton, California, announced that it has completed its acquisition of Velocify, a sales acceleration platform. The company’s [...]
New York City first-start foreclosures are up a record 79 percent year-over-year, with all five boroughs posting increases. Still, they are down from Q2 2017 by 6 percent, according [...]
BSI Financial Services, a mortgage-centric financial services company, announced the addition of Scott A. Johnson as SVP, corporate controller. The post BSI Financial Services Welcomes Scott A. Johnson appeared [...]
The Federal Reserve, who is a little over four months out from needing a new or reinstated leader, announced it purchased $7.029 billion in agency mortgage-backed securities last week. [...]
The U.S. Department of Housing and Urban Development (HUD) recently announced an agreement to resolve a discrimination complaint against the fairness of the Maryland's Low-Income Housing Tax Credit (LIHTC) [...]
CoreLogic Senior Director of Fraud Solutions Strategy Bridget Berg recently took a look at the overall fraud risk outlook for 2017. Based on CoreLogic’s information, fraud risk increased by [...]
The U.S. Department of Labor released its September 2017 Employment Situation Friday revealing how real estate, mortgage, and construction jobs faired over the month. Take a look at how [...]
Inclusionary housing programs refer to any programs or policies that require the creation of affordable housing when new development occurs, including impact or linkage fees that generate revenue for [...]
Fitch Rating’s U.S. RMBS Servicer Handbook for October 2017 was recently released showing a decline in delinquencies for most companies that service underperforming loans—but not all. The post Mortgage [...]
Many in the housing industry have been concerned over the possible elimination of the mortgage interest deduction, but now that the framework of the plan has been released, their [...]
