Which Company Unloaded Hundreds of Delinquent Loans?
A major company in the mortgage industry shed hundreds of nonperforming loans recently. Read on to find out which company, and how much their haul was for. The post Which [...]
How Many Home Shoppers Are Renters?
It seems renters may finally be setting their sights on homeownership, if a new analysis released on Thursday rings true. In the first quarter of this year, the share of [...]
5 Best and Worst States for May Mortgage Performance
According to a recent report, May delinquencies saw a reversal in performance compared to last month. Record highs were hit in prepayments, which also indicate refinance activity. See what state [...]
Barry Owens Joins OrangeGrid as VP of Business Development
OrangeGrid, a provider of highly configurable business process workflow solutions to the financial services industry, announced that Barry Owens, a seasoned professional with nearly three decades industry experience, has joined [...]
How do Mortgage Industry CEOs Stack Up Against Others?
When employers quantify their satisfaction with their CEOs in a customer service heavy industry, how do mortgage professionals and servicers compare to leaders in other industries? What are the criteria [...]
Come Together
Despite the fact that many of the nation’s largest banks saw lower profits in the first quarter—compared to the fourth quarter of 2016—and that mortgage demand fell during the same [...]
Freddie Mac Announces Second Seasoned Loan Transaction
Freddie Mac announced Tuesday it has had its second Freddie Mac Seasoned Loan Transaction (SLST) via auction of 1,262 seasoned re-performing loans (RPL) and moderate delinquent loans serviced by Select [...]
Risk of Default Jumps in Q1, Q2
Overall default risk is up, according to an index released on Tuesday. Up 25 points over fall 2016’s numbers, risk of default is rising that’s to higher mortgage rates and [...]
High End Retail Locations Indicating Hot Markets
As real estate agents say, “location, location, location”—and that means if you’re located near a Whole Foods or Trader Joe’s, according to research. After studying the areas both before and [...]