Fannie Mae recently released its Monthly Summary for February 2017. Fannie Mae’s gross mortgage portfolio decreased for at a compound annualized rate of 16.9 percent for the month, while [...]

In his speech at the Chamber of Commerce 11th Annual Capital Markets Summit, CFPB Director Richard Cordray touched on Dodd-Frank, the Bureau’s role in the financial marketplace, and its [...]

The majority of the fastest moving market areas can be found in California. The No. 1 hottest market for both March and February was Vallejo-Fairfield, California; followed by San [...]

Upticks in construction have boosted the economy in some states. States such as Tennessee and Colorado rank highly on Forbes' American Dream Index due to high amounts of building [...]

The national affordability index noted that consumers would need to spend 33.6 percent of wages to buy a median-priced home nationally. Though this is below the historic average of [...]

On Tuesday, Sun Bancorp, Inc, the holding company of Sun National Bank, announced that the board of directors has elected James B. Lockhart III as a Director. Lockhart Vice [...]

The GSE no longer allows plywood to be used on homes in preforeclosure, however, this rule does not apply to Fannie Mae’s REO properties. As of March 29, servicers [...]

According to a recent outlook report from Freddie Mac, total U.S. home sales will come in slightly under 2016’s numbers. This is due to a drop in refinancing activity, [...]

According to Mortgage Cadence, this new release of Mortgage Cadence’s cloud-based technology should provide a superior experience for borrowers and a more-efficient, cost effective process for lenders. The post [...]

While traditional LOS-provided document management implementation have placed the burden of creating and managing electronic loan delivery profiles on the lender, VirPack's preconfigured implementation technology removes that problem. The [...]