Subscribe to this RSS feed
Originating

Originating (1392)

Eagle Home Mortgage Facing Class Action Lawsuit

Eagle Home Mortgage Facing Class Action Lawsuit

Wednesday, 24 October 2018
Originating
Written by
Laura Faasua has brought a class action lawsuit against her former employer, Eagle Home Mortgage LLC, for alleged violations of California labor law. According to a court filing, the class action lawsuit against Eagle Home Mortgage is currently pending in the Alameda County Superior Court, Case No. RG18924014, and was filed by San Francisco Labor… Read more...
Tagged under
Deephaven Licenses Underwriting Technology

Deephaven Licenses Underwriting Technology

Wednesday, 24 October 2018
Originating
Written by
LoanScorecard’s automated underwriting technology will power Deephaven Mortgage’s launch of Identi-Fi AUS. The lender’s launch of this technology furthers its mission to empower mortgage professionals serving borrowers who face challenges securing a traditional government-financed mortgage. As a leading originator of non-QM mortgage-backed securities, Deephaven aims to be the top provider of non-agency loans to the… Read more...
Tagged under
California Posts Largest Housing Sales Decline Since 2014

California Posts Largest Housing Sales Decline Since 2014

Tuesday, 23 October 2018
Originating
Written by
The California housing market posted its largest year-over-year sales decline since March 2014 and remained below the 400,000-level sales benchmark for the second consecutive month in September. That’s an indication that the market is slowing as many potential buyers put their homeownership plans on hold, according to the California Association of Realtors. Closed escrow sales… Read more...
Tagged under
New Tool Cuts Costs of Qualifying Borrowers

New Tool Cuts Costs of Qualifying Borrowers

Tuesday, 23 October 2018
Originating
Written by
Envestnet-Yodlee has developed Envestnet-Yodlee Risk Insight for Pre-Qualification reports designed for lenders and lead generators who want more robust information to pre-qualify a borrower before engaging in full underwriting. Risk Insight infuses data into the lead qualification process, enabling lenders to target the right product to the right customer at the right time. Lenders looking… Read more...
Tagged under
Technology Transforming Originator’s Role

Technology Transforming Originator’s Role

Monday, 22 October 2018
Originating
Written by
The buying and technology preferences of borrowers will change the way mortgage originators conduct business. Technology will drive the industry and make it more efficient for borrowers and renters, over the next five to 10 years, and place information at their disposal, in an almost instantaneous manner. The high cost of originations, and changing expectations… Read more...
Tagged under
New Penn, Freddie, Integra Developing Simultaneous Approvals to Both GSEs

New Penn, Freddie, Integra Developing Simultaneous Approvals to Both GSEs

Monday, 22 October 2018
Originating
Written by
New Penn Financial, Freddie Mac and Integra Software Solutions are developing a one-click submission of loan data to Freddie’s automated underwriting system, Loan Product Advisor , and to Fannie Mae’s Loan Prospector. The aim is to deliver the capability to generate a best execution in the secondary market through data that’s simultaneously submitted to both… Read more...
Tagged under
Fannie's Economic Predictions for 2018, 2019 On the Mark

Fannie's Economic Predictions for 2018, 2019 On the Mark

Friday, 19 October 2018
Originating
Written by
Economic growth remains on-track to hit Fannie Mae’s 2018 projected growth rate of 3 percent, and meet its 2019 forecast of 2.3 percent, despite expectations of slightly stronger third-quarter growth than in the prior forecast, according to the Fannie Mae Economic and Strategic Research Group’s October 2018 Economic and Housing Outlook. Residential fixed investment is… Read more...
Tagged under
Hurricane Michael Damage Estimated at $3-5 Billion

Hurricane Michael Damage Estimated at $3-5 Billion

Friday, 12 October 2018
Originating
Written by
CoreLogic has updated its residential and commercial storm surge and wind loss estimates for Hurricane Michael. According to this new data analysis, the wind losses for residential and commercial properties in Florida are expected to be between $2 billion and $3 billion and the storm surge losses, including losses covered by National Flood Insurance Program… Read more...
Tagged under
Total Expert Raises $20M in Venture Capital

Total Expert Raises $20M in Venture Capital

Friday, 12 October 2018
Originating
Written by
Total Expert, a creator of digital marketing and communication software, has raised $20 million in venture capital. The round, a Series B Funding, was led by Emergence Capital with participation from Rally Ventures and Arthur Ventures, bringing the total funding for the company to $34 million. “People expect digital simplicity and real human relationships, and… Read more...
Tagged under
SEC, U.S. Attorney Charge Developer with Fraud

SEC, U.S. Attorney Charge Developer with Fraud

Thursday, 11 October 2018
Originating
Written by
The SEC and the U.S. Attorney’s Office for the Eastern District of Virginia have charged a Virginia real-estate developer with securities fraud and skimming investor funds that were intended to be used to purchase an office building near the site of a planned commuter rail station on the Washington, D.C. Metro’s Area Silver Line. Todd… Read more...
Tagged under

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline