ARMs Show Lowest Credit Risk In A Decade
What’s the culprit behind the decrease in delinquency rates of affordable- and fixed-rate mortgages? A new report suggests current day rates for ARMs and FRMs are being heavily influenced by [...]
Federal Reserve: What’s the Status of the Economy?
The Federal Reserve District released its September 2017 Beige Book Wednesday, which reports the Fed’s economic outlook based on information collected before October 6, 2017. Overall, the Fed reports from all 12 Federal [...]
Secretary Carson: HUD Aiding South Floridians
On October 7, the Miami Herald published an op-ed by Department of Housing and Urban Development (HUD) Secretary Ben Carson, highlighting the work HUD has done to help families recover [...]
Mortgage Veteran Robert Caruso Announces Retirement From ServiceLink
Earlier today Robert J. Caruso, mortgage industry veteran and Division President of Servicing for ServiceLink, announced his retirement. The post Mortgage Veteran Robert Caruso Announces Retirement From ServiceLink appeared first [...]
Quicken Rocketing Toward E-Lending Expansion
The company that first made waves on the national stage for its online mortgage platform during the 2016 Super Bowl ad, announced today that it has struck a partnership that [...]
Acting Comptroller of the Currency Addresses Amendments to HMDA
The Office of the Comptroller of the Currency (OCC) issued a bulletin on Tuesday to publicize key fields—which examiners will use to validate the accuracy and reliability of home mortgage [...]
U.S. Senate: Credit Bureaus Data Security and Equifax
The U.S. Senate Committee on Banking, Housing, and Urban Affairs met Tuesday morning in an open session titled “Consumer Data Security and the Credit Bureaus” to address how credit bureaus [...]
Keeping Up With Compliance Trends
DS News talks with Rushmore Loan Management AVP Jacqueline Pardue to discuss some of the difficulties in compliance and vendor management. How do you help to standardize vendor management process in [...]
Market Update: Home Sales’ Status
On Monday, the October RE/MAX National Housing Report released, revealing that September marked the fifth month in 2017 to post a decline in home sales. Additionally, the reported noted that [...]