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Goldman Sachs all but guarantees the Federal Reserve is about to cut interest rates | 2019-07-11

Goldman Sachs all but guarantees the Federal Reserve is about to cut interest rates...

Analysts from Goldman Sachs told clients this week that it’s basically a done deal that the Federal Reserve will cut its benchmark interest...
Manhattan developer Penny Ann Bradley charged with mortgage fraud | 2019-07-11

Manhattan developer Penny Ann Bradley charged with mortgage fraud | 2019-07-11

Manhattan real estate developer Penny Ann Bradley was arrested and charged with mortgage fraud Wednesday, accused of falsifying documents to secure more than...

VA loan limits to be lifted in 2020 | 2019-07-11

Last month, President Donald Trump signed a bill into law that allows the Department of Veterans Affairs to back loans that exceed the conforming loan...
Rhode Island field services provider admits to running $10 million Ponzi scheme | 2019-07-11

Rhode Island field services provider admits to running $10 million Ponzi scheme | 2019-07-11

A Rhode Island woman who operated a property preservation and field services business admitted in court this week that she used that business...

Who buys a vacation home? | 2019-07-11

You might think people who buy vacation homes are older, high-net-worth individuals, but a recent survey from Vacasa proves this is not necessarily...
Wall Street's sheriff opens investigation of First American data breach | 2019-05-30

Mortgage Tech Rundown: First Rate, Open Close, LBA Ware and Covered Insurance | 2019-07-11

First Rate, a provider of wealth management solutions, recently announced that the company has partnered with HiddenLevers to deliver risk analytics and business...
CitiMortgage to pay $7.8 million to California borrowers for not paying interest on escrow accounts | 2019-06-20

Compass, Zillow reach settlement in poaching lawsuits | 2019-07-11

On the same day Compass was slapped with a bombshell lawsuit from rival Realogy accusing it of unfair business practices and illegal scheming,...
WSJ: Chance of a rate cut at next FOMC meeting is 25% as trade worries mount | 2019-06-06

Fannie Mae, Freddie Mac are building non-LIBOR adjustable-rate mortgages | 2019-07-11

Seven years after traders were caught boasting in emails and instant messages about cracking open bottles of champagne to celebrate their ability to...
WSJ: Chance of a rate cut at next FOMC meeting is 25% as trade worries mount | 2019-06-06

Fannie Mae, Freddie Mac are building non-LIBOR ARM mortgages | 2019-07-11

Seven years after traders were caught boasting in emails and instant messages about cracking open bottles of champagne to celebrate their ability to...
Robert Shumake

Calyx appoints new national sales consultant | 2019-07-11

Calyx, a 2019 HousingWire Tech100 winner, recently appointed Robert Shumake as the company’s new national sales consultant. In this new role, Shumake will be responsible for...

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Mortgage applications rise to the highest level in more than a month

Mortgage applications rise to the highest level in more than a month

Despite last week’s climb in mortgage rates, the Mortgage Bankers Association indicates demand for both purchase and refinance applications held steady, as mortgage applications rose by 9.6%....
Opendoor is now buying homes up to $800,000 in its newest market

Opendoor is now buying homes up to $800,000 in its newest market

Opendoor announced its launch in Los Angeles on Wednesday, a move that marked a new high in the company’s price ceiling for homes...
Fannie Mae, Freddie Mac investors fighting profit sweep get key court win

As CFPB prepares to end QM patch, Congress tries to soften the blow

WASHINGTON — Just as the Consumer Financial Protection Bureau wants to end a regulatory exemption for loans backed by Fannie Mae and Freddie...
LoanLogics appoints new chief product strategist to enhance its offerings

LoanLogics appoints new chief product strategist to enhance its offerings

LoanLogics, a provider of loan quality technology for mortgage manufacturing and loan acquisition, recently appointed Brenda Clem as its new chief product strategist. In her new position, Clem will now...
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Investment Success Happens with a Proven Strategy

What do you think it takes to succeed in real estate investment? When the rubber meets the road, success in real estate investment...

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