Freddie Mac Prices First RPL Sale This Year
On Wednesday, Freddie Mac announced its first re-performing structured sale of 2017, a $292 million sale of a pool of seasoned loans from its mortgage investments portfolio. The pool of [...]
Utilizing Tech Effectively
Although the industry has been slow to adopt, about three in five mortgage lenders agree that their firm is making the best use of data for their business. However, most [...]
New York: A Property Tax Epicenter
When it comes to prices, nothing tops New York. 83 of the 100 buildings with the highest property taxes are located in New York City, according to a recent study. [...]
Tyneia Merritt Joins Council for Inclusion in Financial Services Board
Tyneia (Tye) Merritt, a managing partner at Marinosci Law Group, P.C., in California, has joined the board of the Council for Inclusion in Financial Services. The post Tyneia Merritt Joins [...]
Homes are Shrinking Again
New single family homes have been shrinking, according to the National Association of Homebuilders (NAHB). According to the NAHB data, home sizes reached a plateau in 2015 and 2016 after [...]
Examining Credit State By State
A recent study by LendEDU examines how credit has shifted by state. Experian’s data puts Minnesota at the top with an average credit score of 718. The top three metros [...]
Household Debt Reaches Recession-Level Highs
On Wednesday, the New York Federal Reserve released its Q1 report on household debt and credit. According to the report, total household debt totaled $12.73 trillion in Q1 2017. This [...]
Falling Inventory Stock is Troubling
The falling inventory has many industry professionals worried, especially as demand picks up. Data from Redfin shows that homes in April sold the fastest since 2010, and sold 10 days [...]
OneWest’s Financial Freedom Settle Allegations
Financial Freedom, a division of OneWest Bank agreed to a settlement of over $89 million on Tuesday, resolving allegations from the Department of Justice that the accusing the company of [...]