Category: Top National News

Wall Street Journal, Feb. 5, 2018–Nick Timiraos, Peter Nicholas (subscription)Republican economist Lawrence Lindsey has withdrawn from consideration for the post of Federal Reserve vice chairman.

Reuters, Feb. 5, 2018–Lucia MutikaniU.S. services sector activity raced to a near 12-1/2-year high in January, buoyed by robust growth in new orders, the latest sign of strong momentum in the economy at the start of the year.

National Real Estate Investor, Feb. 5, 2018–Bendix AndersonOccupancy rates for single-family rental houses are remaining largely flat. A strong economy is driving demand, but rents are not growing as quickly as they used to.

Mortgage Daily, Feb. 5, 2018A New Jersey loan officer is accused of altering his own personal banks statements to use for prospective borrowers on more than 20 government-insured mortgages.

Mortgage Daily, Feb. 5, 2018When Dorinda Smith, who was with SunTrust for 22 years, retires on March 31, Todd Chamberlain will become the executive vice president and head of mortgage at SunTrust.

CNBC, Feb 5, 2018–Lauren ThomasDepartment store chain Bon-Ton filed Chapter 11 bankruptcy protection and will explore strategic alternatives including a sale of the company. The retailer is in the midst of closing more than 40 stores across the U.S.

Scotsman Guide, Feb. 6, 2018–Victor WhitmanA draft of a much-anticipated housing-finance reform bill was recently leaked to the media. On Monday, Mortgage Bankers Association President and CEO David Stevens, CMB, discussed the bill and its chances.

Forbes, Feb. 5, 2018–Samantha SharfQuicken Loans’ Super Bowl was well-reviewed. But the big news in the 60-second spot was easy to miss: Quicken Loans is now America’s largest mortgage lender.

National Mortgage News, Feb. 2, 2018–Elina TarkazikisOne hot topic will be how servicers are responding to recent natural disasters like hurricanes and wildfires that have affected mortgage borrowers in pockets of the country. Servicers will be looking to stay updated on natural disaster initiatives, policies and impending rule changes.

HousingWire, Feb. 2, 2018–Ben LaneThe nonbank announced late Thursday that Anthony Renzi, who took over in September 2016, is leaving the company. According to Walter, Renzi will stay on as CEO and president while the company searches for a replacement for the fifth time since October 2015.