Reverse Mortgage Volume Hits Its Highest Point Since 2011
Reverse mortgage numbers spiked in January 2018, clocking in a 32.5 percent month-over-month growth in endorsements over December 2017, according to the latest data from Reverse Market Insight, Inc. (RMI) [...]
$1.5 Trillion Worth of U.S. Homes Threatened by Wildfires
According to the California Department of Forestry and Fire Protection, last year’s California wildfire season was the most destructive on record, with over 9,000 fires burning more than a million [...]
Arch MI Completes Integration with Cloudvirga Platform
North Carolina headquartered private mortgage insurance company Arch Mortgage Insurance Company (“Arch MI”) has announced the completion of a new integration with Cloudvirga, developer of mortgage point-of-sale (POS) platforms. Cloudvirga’s lender customers now [...]
Quintairos, Prieto, Wood & Boyer, P.A. Hires New Director
Quintairos, Prieto, Wood & Boyer, P.A. (QPWB), the largest minority and women-owned law firm in the U.S., announced that Dawn Berry will join the firm’s Business, Financial Services & Real [...]
Flagstar Bank Names New Diversity and Inclusion Leader
Flagstar Bank has announced that Mary Mbiya will serve as program manager of its diversity and inclusion initiatives. Mbiya has over 18 years’ experience in financial services, with five years [...]
Home Point Financial Announces Executive Team Additions
Home Point Financial Corporation (Home Point), a national, multi-channel mortgage originator and servicer recently announced that it has named Richard Bradfield as Enterprise CFO (ECFO) and Bill Shuler as CIO. Both [...]
Foreclosure Starts and Completions Hit 17-Year Lows
Mortgage delinquencies hit a 23-month high as 2017 wrapped up, surging by 164,000 year-over-year, according to the latest Mortgage Monitor Report from the Data and Analytics Division of Black Knight, [...]
Single-Family Rental Lease Expirations and Vacancy Rates Improving
Both lease expirations and vacancy rates among single-family rental securitizations showed continued improvement in December 2017, according to the latest data from Morningstar Credit Ratings, LLC. According to Morningstar, single-borrower, [...]
IndiSoft Appoints New CEO
IndiSoft, a Columbia, Maryland-based technology development firm that specializes in systems for the financial services industry, just announced that it has selected Hans Rusli as the company’s new CEO. Rusli [...]