Potestivo & Associates Announces New Partners
Potestivo & Associates, P.C., who specializes in the real estate finance and credit industry, is pleased to announce two attorneys from their Chicago team have been promoted to partner, effective [...]
FHFA Drops Optimistic 2016 Report to Congress
The Federal Housing Finance Agency released recently its exhaustive annual 2016 Report to Congress, where it highlights actions it has taken over the year to support and maintain the nation’s [...]
Current Costs of Living Effects Homebuyers Affording College Tuitions
Affording a comfortable lifestyle while saving enough money to send a child to college is a concern for the current homebuyer. The price of college is high and the cost [...]
Portfolio Underwriter is Now Available through Calyx Software
Calyx Software announced that Portfolio Underwrite is now available to Point and PointCentral clients. Portfolio Underwriter allows portfolio lenders to customize credit decisioning and safely originate non-agency loans that they [...]
Builder Confidence Shaky as Labor, Lot Shortages Continue
Home builders are plagued with labor and lot shortages, and it’s causing their confidence in the single-family market to waver, according to new data released this week. Overall, builder confidence [...]
Pam Patenaude’s Advancement Sparks Industry Excitement
Pam Patenaude was advanced by the Senate Banking Committee on Wednesday afternoon as Deputy Secretary of the Department of Housing and Urban Development, although she still must pass the Senate [...]
Tight Inventory Drives Apartment Demand Sky-high
As housing inventory continues to tighten, would-be homeowners are being driven toward renting—and the apartment market is struggling to keep up. According to a new study, the U.S. will need [...]
Limitless Possibilities
Technology has made the mortgage industry faster, more affordable, more compliant, and more convenient—and it’s not done yet. The industry’s top players weigh in on the power of technology, how [...]
FOMC: Economy Strong Enough to Raise Interest Rates
The Federal Open Market Committee voted Wednesday to raise interest rates for the second time this year to 1-1.25 percent, a move that was widely expected amongst economists and industry [...]