Sentencing Date Set for Former JPMorgan Loan Officer
Former senior loan officer at JPMorgan Chase & Co. admitted to a $33 million mortgage fraud scheme recently. A Florida federal judge accepted the plea and set the sentencing [...]
Former senior loan officer at JPMorgan Chase & Co. admitted to a $33 million mortgage fraud scheme recently. A Florida federal judge accepted the plea and set the sentencing [...]
After undergoing an extensive testing process, a mortgage document preparation vendor announced its Uniform Closing Dataset XML file has been certified by the GSEs. This new way of submitting [...]
On Wednesday, at 9 a.m. EST, the Federal Housing Finance Agency (FHFA) will release its House Price Index (HPI) for March. The Index covers single-family housing, using data provided [...]
Credit risk transfer (CRT) or sharing is the process in which the government-sponsored enterprises bundle up the mortgages they buy from lenders and sell a portion of the risk [...]
Many young homebuyers are more focused on personal achievements, such as dream jobs and travelling, than “traditional,” long term life milestones, such as marriage and parenthood. Shifting priorities along [...]
Immigration has a positive effect on the housing market according to speakers from a real estate conference reported on Friday. Sales activity and price will strengthen as the market [...]
A national study has suggested the current White House plan for tax reform will increase taxes for middle-class homeowners. Families with adjusted gross incomes between $50,000 to $200,000 could [...]
On Wednesday, in response to recent Ransomware attacks across over 150 countries around the world including the publicized DocuSign, Fitch Ratings issued a press release reminding information technology (IT) [...]
The status quo for Fannie Mae and Freddie Mac will be changing according to Treasury Secretary Steven Mnuchin. He and FHFA Director Melvin Watt separately addressed the state of [...]
On Wednesday, Freddie Mac announced its first re-performing structured sale of 2017, a $292 million sale of a pool of seasoned loans from its mortgage investments portfolio. The pool [...]