For some first-time buyers and low- to moderate-income buyers, these programs may be beneficial while for others it may not be a viable substitute for FHA lending, according to the Urban Institute.
Read More »ClosingCorp Names New Chief Innovation Officer
In this new position, Carney will be in charge of overseeing the strategy behind the company’s technology partnerships as well as looking holistically at the user experience.
Read More »Comergence Launches New CRM Platform
Comergence, an established provider of third-party vendor and risk-management platforms for the mortgage industry, recently announced the release of ComergenceCRM for Wholesale, Correspondent and Warehouse lenders.
Read More »Fed Takes a Hurry Up and Wait Approach
The latest inflation figures prompted Fed Governor Daniel Tarullo to say that the U.S. economy is "not running hot."
Read More »Competitive Housing Market Presents Challenges
The housing market has become increasingly competitive for both buyers and sellers as home prices have steadily increased.
Read More »OCC Appoints Deputy Comptroller for Compliance Supervision
The Office of the Comptroller of the Currency (OCC) appointed Beverly F. Cole as the Deputy Comptroller for the Compliance Supervision, where she will report to the Senior Deputy Comptroller for Compliance and Community Affairs.
Read More »San Francisco Fed: Brexit Effect Modest So Far
San Francisco Fed President and CEO John Williams said the effect of Brexit on the U.S. has been modest, but he was not ready to return to his pre-Brexit forecast of two or three rate hikes this year.
Read More »Will Q2 Results Be Kinder to Banks than Q1?
The profits of nearly every large bank holding company took a hit in Q1 compared with the first quarter of 2015. Will Q2 be any better?
Read More »CoreLogic Announces Keynotes for RiskSummit
Former Homeland Security Secretary Michael Chertoff and former Minnesota Governor Tim Pawlenty will be the keynote speakers at CoreLogic’s 28th Annual RiskSummit on July 24 through 26, according to an announcement from CoreLogic.
Read More »Roostify Integrates with DocMagic
San Francisco-based automated mortgage transaction technology provider Roostify has announced that it has completed integration with DocMagic, a provider of loan document preparation, compliance, eSign, and eDelivery solutions headquartered in Torrance, California.
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