The Week Ahead: Eyes on the Treasury
Following a week of argument within Congress regarding everything from healthcare to the Financial CHOICE Act, on Wednesday at 2 p.m. EST, the Department of the Treasury will release its [...]
Fannie Mae Income Drops in Q1
Fannie Mae reported $2.8 billion both net and comprehensive income for the quarter, the exact amount of the dividend amount it expect to pay the Treasury Department in June. But [...]
SE a Popular Spot for Rental Investors
Due to changes in securitization trends, rental property investors are shifting their acquisition efforts toward the Southeastern U.S. The region offers lower acquisition costs and more attractive yields, a new [...]
The Trillion Dollar Consolidation of SFR
If history is our guide, SFR is going to take its place alongside the other real estate food groups, most notably multi-family housing, and become a largely institution-owned asset class. [...]
Employment Increases, and the Industry Reacts
Friday’s employment report for April from the Bureau of Labor Statistics showed strong growth overall, with a total increase in non-farm payroll jobs of 211,000, compared to March’s increase of [...]
Arch MI’s RateStar Now Available Through Lender Price
Arch Mortgage Insurance Company, a Greensboro, North Carolina-based private mortgage insurer, announced an integration with Lender Price, a California-based big data technology provider. Arch MI’s RateStar quotes will now be [...]
Regions Bank Chooses LoanSphere for Servicing, Originations
Regions Bank, one of the top 20 U.S. banks, renewed its agreement to use LoanSphere MSP on its first mortgage loans and will also be converting home equity loans and [...]
Industry Veteran Dave Hurt Joins Black Knight Data & Analytics
Black Knight Financial Services’ Data and Analytics division announced this week the hiring of Dave Hurt to lead business development in capital markets and government entities. He will be responsible [...]
Mortgage Default Risk is on the Rise
On Thursday, VantageScore Solutions, LLC and TransUnion released the VantageScore Default Risk Index (DRI) for Q4 2016. According to the DRI, when it comes to default risk, mortgages pose a [...]