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California, Hawaii Have the Most Mortgage Debt

California, Hawaii Have the Most Mortgage Debt

Wednesday, 10 July 2019
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California and Hawaii are by far the states with the highest average mortgage debt. So reports 24/7 Wall Street, drawing on 2017 data from Experian and the U.S. Census Bureau. Read more...
Stearns Holdings Files for Bankruptcy in Deal to Stay Open

Stearns Holdings Files for Bankruptcy in Deal to Stay Open

Thursday, 11 July 2019
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Stearns Holdings has filed for chapter 11 bankruptcy after what is said was an agreement to stay in operation and preserve jobs. So report Bloomberg and USA Today. Read more...
Mortgage Delinquency Falls to 20-Year Low

Mortgage Delinquency Falls to 20-Year Low

Thursday, 11 July 2019
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Loan performance continued to improve in April as the national mortgage delinquency rate dropped to its lowest level in more than 20 years, according to new monthly data from Corelogic. So reports Forbes. Read more...
Housing Confidence Dips But Remains Near Survey High

Housing Confidence Dips But Remains Near Survey High

Monday, 08 July 2019
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The Fannie Mae Home Purchase Sentiment Index® decreased 0.5 points in June to 91.5 after nearing its survey high last month. Read more...
Mortgage Rates Inch Up, Vets to Pay More

Mortgage Rates Inch Up, Vets to Pay More

Friday, 05 July 2019
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Rates for home loans increased modestly in the holiday shortened week ending July 3. So reports MarketWatch. Read more...
U.S. Economic Expansion is Longest in History

U.S. Economic Expansion is Longest in History

Friday, 05 July 2019
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The 121-month U.S. economic expansion, which began in June 2009, is the longest in the history of the country, according to the National Bureau of Economic Research. So reports CNBC. Read more...
MBA Releases Q1 Commercial-Multifamily DataBook

MBA Releases Q1 Commercial-Multifamily DataBook

Wednesday, 03 July 2019
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The Mortgage Bankers Association's (MBA) has released its first quarter 2019 Commercial/Multifamily DataBook. Read more...
MBA Statement on Trump Housing Affordability Exec Order

MBA Statement on Trump Housing Affordability Exec Order

Wednesday, 03 July 2019
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Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued a statement regarding President Trump's Executive Order on Housing Affordability. Read more...
Austin Niemiec Named New Executive Vice President of Quicken Loans Mortgage Services

Austin Niemiec Named New Executive Vice President of Quicken Loans Mortgage Services

Wednesday, 19 June 2019
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Quicken Loans Mortgage Services (QLMS), the second largest mortgage lender serving the needs of brokers, regional banks and credit unions, today announced that Austin Niemiec has been named Executive Vice President. Niemiec began his career with the company 10 years ago as a mortgage banker and he embodies a “street” focus that came from working… Read more...
More Than 1 Million Ocwen Customer Loans Converted to the Black Knight MSP Loan Servicing System

More Than 1 Million Ocwen Customer Loans Converted to the Black Knight MSP Loan Servicing System

Wednesday, 19 June 2019
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Black Knight, Inc. (NYSE: BKI), a leading provider of integrated software, data and analytics to the mortgage and real estate industries, announced today that Ocwen Financial Corporation has converted more than 1 million customer loans to the Black Knight MSP loan servicing system. MSP offers a single, comprehensive system used by financial institutions to service… Read more...

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