Homeowners In New FEMA Flood Zones Will Be Required To Buy Insurance
Proposed revisions to the Federal Emergency Management Agency's (FEMA) flood maps are expected to bring about 35,000 homes and businesses on the Atlantic...
Ellie Mae Encompass360 Users Now Have One-Stop Ordering For Radian MI
Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc., has integrated its technology platforms with the Ellie Mae Encompass360 mortgage...
Rising Prices Put Real Estate Investors On Hold
Now that property values are increasing, real estate investors plan to buy fewer properties in the next 12 months, according to a survey...
Rebounding Housing Market Driving Job Growth, Study Finds
The cause and effect relationship between the housing market and job creation is well established. Historically, when people have returned to work following...
LPS’ Loan Quality Gateway Now Integrated With Global DMS’ eTrac Platform
In order to help clients achieve efficient appraisal transaction processing in a fully compliant manner, Lender Processing Services Inc. (LPS) has integrated its...
CoreLogic: Home Prices Rise For 14th Consecutive Month
Home prices increased 12.1% nationwide from April 2012 to April 2013, the biggest year-over-year increase since February 2006, according to CoreLogic. As of...
Equity Loans Enters Wholesale Market, Adds Kingsley Kodan As SVP Of Sales
In an effort to leverage alternate channels and build a stronger foundation for future operations, Atlanta-based residential mortgage provider Equity Loans LLC has...
Stonegate Mortgage Corp. Now Offering Non-Agency ‘Jumbo’ Home Loans
Fresh from raising $115 million in capital through a private sale of its common stock, Indianapolis-based Stonegate Mortgage Corp. is now offering non-agency...
Mortgage Insurer Triad Guaranty Inc. Files For Chapter 11
Seeking court protection from creditors, North Carolina-based mortgage insurance company Triad Guaranty Inc. has reportedly filed for Chapter 11 and may end up...
DocMagic’s eSign Approved By Equifax
Equifax has reportedly approved DocMagic Inc. as an eSign provider for electronic IRS 4506-T requests. Equifax reports that it has been accepting orders...
Texas Builder Settles With CFPB Over Allegations Of Kickbacks
The Consumer Financial Protection Bureau (CFPB) recently reached a settlement with Texas homebuilder Paul Taylor, whom the agency accused of taking kickbacks for...
Mortgage Industry Sees Uptick In Hiring
In yet another sign that the economy is gradually improving, the mortgage industry saw a net gain of 5,129 jobs in the first...
Nationstar Mortgage Completes Acquisition Of Greenlight Financial Services
Nationstar Mortgage LLC, a subsidiary of Nationstar Mortgage Holdings Inc., has completed its acquisition of the origination platform and unfunded loan pipeline of...
More Than 4.2 Million Homes At Risk Of Storm Surge On Atlantic, Gulf Coasts
As a result of preliminary revisions to the Federal Emergency Management Agency's coastal flood maps, there are now more than 4.2 million homes...
Lloyds Auctions Off $8.7B In U.S. Mortgage Bonds
Four investment banks have reportedly bought $8.7 billion in U.S. residential mortgage-backed securities (RMBS) that were auctioned by Lloyds TSB on Thursday. News...
U.S. Bank Can Proceed With Claim Against BofA, Judge Rules
A New York State Supreme Court judge has reportedly ruled that a lawsuit brought against Bank of America by U.S. Bank, a unit...
Home Prices Return To 2003 Levels, According To S&P/Case-Shiller Index
U.S. house prices rose 10.2% from March 2012 to March 2013, the largest year-over-year increase in close to seven years, according to the...
Citigroup Settles FHFA Lawsuit
Citigroup Inc. has reportedly settled a lawsuit brought by the Federal Housing Finance Agency (FHFA) for allegedly misleading government-sponsored enterprises Fannie Mae and...
StreetLinks To Launch AppraiserPlus Program
StreetLinks Lender Solutions plans to launch a new program that will allow appraisers to work more efficiently by removing the traditional hurdles of...
Freddie Mac’s Mortgage Portfolio Increases 0.6 Percent In April
Freddie Mac reports that its mortgage portfolio increased at an annualized rate of 0.6% in April. In its Monthly Volume Summary, the GSE...