OCC Releases Dodd-Frank Stress Tests For 2014
The Office of the Comptroller of the Currency (OCC) has released the economic and financial market scenarios that will be used in the...
Clear Capital: The Motor City Leads Housing Recovery In October
Detroit has taken the housing recovery lead for last month, according to October's Home Data Index (HDI) Market Report from Clear Capital, a...
Capital One Closes Acquisition of Beech Street Capital
Capital One Financial Corp. has completed of its acquisition of Beech Street Capital, a privately held, national originator and servicer of Fannie Mae,...
LPS: Resetting Of ARMs ‘Little Cause For Concern’
In the early years of the financial crisis, many feared there was a disaster looming in the mortgage market's then-near future when the...
Fannie Mae Seeks $800 Million In Libor Manipulation Suit
Fannie Mae is reportedly suing nine banks for a total of about $800 million over alleged manipulation of the benchmark London interbank offered...
Ellie Mae Enhances Encompass; ATR/QM Solution Is ‘Main Attraction’
Ellie Mae, a provider of automated solutions for the residential mortgage industry, has enhanced its Encompass mortgage management solution for the fall release....
NAR Applauds Regulators For Aligning QRM With QM, Assuring Safe Lending
Revised rules proposed by federal regulators will help ensure rigorous and effective underwriting, while also providing creditworthy home buyers with access to safe...
Ellie Mae To Acquire MortgageCEO
Pleasanton, Calif.-based Ellie Mae, a provider of on-demand automation solutions, has signed a definitive agreement to acquire MortgageCEO, a provider of on-demand customer...
Genworth Working To Resolve Dispute With BofA
Mortgage insurer Genworth Financial Inc. says it expects to pay 'significantly less' than the $834 million sought by Bank of America over denied...
ISGN Rolls Out Suite Of Home Equity Lending Solutions
ISGN Corp., offering end-to-end technology solutions and services to the mortgage industry, has introduced Home Equity Advantage, a suite of products designed to...
CoreLogic: Home Prices Up 10.1% In Second Quarter
Home prices increased by 10.1% in the second quarter of 2013 compared to the second quarter of 2012, according to the CoreLogic Home...
S&P/Case-Shiller: Home Prices Up In August, Back To Mid-2004 Levels
Home prices increased in August and, on average, are back to their levels from mid-2004, according to the S&P Dow Jones Indices for...
LPS Introduces Home Equity Valuation Solution
Jacksonville, Fla.-based Lender Processing Services Inc. (LPS) has released its Home Equity Valuation solution that meets the interagency guideline requirements for both appraisals...
NNA, Signing Professionals Workgroup Launch Signing Specialist Standards
The Signing Professionals Workgroup (SPW), a committee of lenders and title companies, has created industry best-practice standards for notaries handling loan signings -...
Mortgage Builder Enhances Architect LOS Platform To Aid Compliance
Mortgage Builder Software, a Southfield, Mich.-based provider of loan servicing software and loan origination systems (LOS), has upgraded Architect, the company's LOS platform....
Pending Home Sales Plummet Fourth Month In A Row, Lowest Since December
Pending home sales decreased for the fourth consecutive month in September, as higher mortgage interest rates and higher home prices curbed buying power,...
Home Finance Write-Offs Fall To Six-Year Low, Drop 22% From Last Year
The total balance of home finance write-offs, year-to-date through September, is $96.3 billion, representing a six-year low and a decrease of more than...
MRG Enhances Integration With Ellie Mae Encompass
Dallas-based MRG Document Technologies, a provider of mortgage document preparation software and legal compliance, has completed a more streamlined integration with Ellie Mae's...
RealtyTrac Unveils Real Estate Investor Purchase And Finance Patterns Report
RealtyTrac has introduced its Investor Insight report, titled 'Real Estate Investor Purchase and Finance Patterns: 2011 to 2013,' which shows that investors have...
AMC Links Designs Program For Appraisal Management Companies
AMC Links, a national appraisal management company, has launched a new correspondent program for local and regional appraisal management companies. According to AMC,...