Matic Insurance and Mr. Cooper Announce $7M Funding Round
Matic Insurance Services (Matic), a digital insurance agency whose technology enables borrowers to purchase homeowner’s insurance during the mortgage transaction, announced today it has raised $7 million in a Series [...]
ReverseVision Announces New Partnership
ReverseVision, a provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, has recently announced a new partnership with Premier Reverse Closings (PRC), a title and settlement [...]
Dinesh Chopra Joins Ally Financial
Ally Financial Inc. (Ally), a leading digital financial services company and a top 25 U.S. financial holding company, announced that Dinesh Chopra has joined the company as its new Chief [...]
Weltman, Weinberg & Reis Compliance Officer to Serve MAP Committee
Eileen M. Bitterman has been selected to serve on the 2017-18 ACA International Member Attorney Program (MAP) Committee. The post Weltman, Weinberg & Reis Compliance Officer to Serve MAP Committee [...]
Winner Announced: Fannie Mae’s Non-Performing Loan Sale
Fannie Mae disclosed the results of its 11th non-performing loan sale recently. The deal includes 7,500 loans totaling and unpaid principal balance of $1.23 billion—representing one of the highest bids [...]
FDIC Continues a Complaint Against Banks’ RMBS Practices
According to a recent report, the Federal Deposit Insurance Corp. is continuing to push its complaints toward Alabama’s Colonial Bank and its affiliates for allegedly selling risky RMBS. The post [...]
Nation’s Capital Experiencing Record Housing Growth
The nation’s capital and its surrounding are experiencing growth in sales, prices, and other key market factors. The post Nation’s Capital Experiencing Record Housing Growth appeared first on DSNews. Source: [...]
Is Peer-to-Peer Lending the New Subprime Mortgage?
A new report by the Federal Reserve Bank of Cleveland examines the myths around peer-to-peer lending, and draws a concerning link between the P2P market and the rise of subprime [...]
House & Senate Face Off, Mortgage Interest Deduction on the Line
GOP leaders in the House and Senate both pushed forward their own versions of a tax reform plan on Thursday. See where the key differences lie. The post House & [...]