PennyMac Financial Services, Inc., a specialty financial services firm, announced Thursday that August 1, 2017 former President of the Government National Mortgage Association (Ginnie Mae), Theodore W. Tozer, will join its Board of Directors.
Read More »Starts Are Up, but Might Come Right Back Down
Though housing starts increased for the month of June, concerns regarding the housing shortage and construction employment remain. What needs to be done to address the current state of housing?
Read More »Mortgage Industry Reacts: NMSA Vacant and Abandoned Property Procedures
A report recently released by the National Mortgage Servicing Association detailed their proposed policies to standardize procedures, definitions, and best practices in vacant and abandoned homes. As the industry reacts, one statement encompasses the feeling many have on the subject: it’s about time.
Read More »Top Three States Where Foreigners are Buying
The annual survey from the National Association of Realtors shows a substantial increase in foreign investment in U.S. real estate, but nearly half of all investment was in three states. See where foreigners are flocking here.
Read More »Partnering to Fight Housing Inequality
Wells Fargo and Housing Opportunities Made Equal are partnering to increase the number of African-American homeowners in Virginia. Watch how they’re doing it here.
Read More »NMSA Welcomes Additional Wells Fargo Representation
An industry veteran recently joined the ranks of the National Mortgage Servicing Association bringing expertise to help improve and sustain homeownership. Read on to see the details of the addition.
Read More »Could Interest Rates Get Even Lower?
New authorization from the National Credit Union Association could mean borrowing from a credit union could be more beneficial than before. However, could this make already low interest rates slip more?
Read More »Giving a Hero a Place to Call Home
Saturday, in conjunction with the Five Star Institute’s Keys for Life program, Operation Homefront and JPMorgan Chase presented a mortgage-free home to an Army veteran at the National Fantasy Football Convention.
Read More »CFPB Increasing Thresholds
The CFPB has proposed changes to reporting regarding HELOCs and it will majorly affect certain banks and credit unions. Read on to see what could be adjusted.
Read More »Side Hustling
Uber, Mary-Kay, Cutco—they’re all business ventures that bring in extra money, but don’t need to be tended to daily like a 9-5. Millennials are using them the most—could it be part of a new way they fund a mortgage?
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