On Monday, a unanimous Supreme Court decision could have vast implications for the mortgage and loan industry, particularly the secondary market, unless the Fair Debt Collection Practices Act is amended [...]

Recently, the April 2017 Consumer Credit report was released, revealing total consumer credit rising 2.6 percent. April marked the smallest increase in consumer borrowing in six years. Revolving and nonrevolving [...]

ValuAmerica of Clayton Holdings LLC announced that it has acquired ValuEscrow, Inc., expanding its closing and escrow operations. The post ValuAmerica Expands Footprint With California Acquisition of ValuEscrow appeared first [...]

The Federal Open Market Committee and the Federal Reserve Board of Governors Board of Governors are set to meet Tuesday, June 13 and Wednesday, June 14, in Washington D.C.. It [...]

U.S. homeownership rates have been at a 50-year low despite improving local job markets and historically low mortgage rates. A recent report said there are five main barriers preventing a [...]

With the increasing popularity of mortgage insurance, a 20 percent downpayment may not be status quo anymore for those looking to become homeowners. First-time homebuyers account for nearly half of [...]

After nearly a month of marketing, Fannie Mae has sold off more nonperforming loans totaling $581 million in unpaid principal balance. This is the company’s 10th nonperforming loan sale to [...]

Recent data shows that millennial and Generation X homebuyers who are purchasing with a significant other disagree much more if they’ve been together less than five years. The survey found [...]

LoanCare announced that Adam Saab has assumed the role of EVP and COO. Saab had previously held the position of SVP at PNC Mortgage where he was responsible for core [...]