Category: Top National News

Mortgage Daily, Aug. 2, 2017Last month’s government-insured reverse mortgage production was the slowest it has been since last year. But there was a year-over-year improvement.

Scotsman Guide, Aug. 2, 2017–Victor WhitmanMortgage banking groups [including the Mortgage Bankers Association] this past week came out strongly against a resurrected proposal to include a language-preference question in the standard form used to apply for the most popular home loans.

HousingWire, Aug. 2, 2017–Ben LaneThis year really is turning out to a year of expansion for RealPage, as for the fourth time in 2017, RealPage, a provider of software and data analytics to the real estate industry, announced that it is is acquiring another company.

Inman, Aug. 2, 2017–Andrea V. BrambilaWith the purchase of Clareity, CoreLogic has extended its real estate tech offerings to include Clareity’s flagship SafeMLS user authentication tool and its single sign-on MLS and broker dashboards.

National Mortgage Professional, Aug. 1, 2017–Phil HallCommercial and multifamily mortgage originations during the second quarter experienced a 28 percent spike from the first quarter and a 20 percent boost from one year earlier, according to new data from the Mortgage Bankers Association.

HousingWire, Aug. 1, 2017–Brena SwansonDespite recording a net loss for the second quarter, private mortgage insurer Radian Group managed to report a strong quarter for new mortgage insurance written.

Milwaukee Journal-Sentinel, Aug. 1, 2017–Paul GoresFiserv Inc. said Tuesday it has acquired the assets of a Nevada company that specializes in mortgage lending technology. Terms of the deal for PCLender LLC, of Reno, weren’t disclosed.

Wall Street Journal, Aug. 1, 2017–Liz Hoffman, Ryan Tracy (subscription)The Office of the Comptroller of the Currency is taking a first step toward changing the Volcker rule trading ban as regulators continue behind-the-scenes discussions about revamping the much-criticized regulation.

Wall Street Journal, Aug. 1, 2017–Laura Kusisto (subscription)A strong debut as a public company by Redfin Corp. signals that investors believe the real-estate brokerage industry is ripe for disruption.

National Mortgage News, Aug. 1, 2017–Bonnie Sinnock (subscription)When the government-sponsored enterprises began purchasing mortgages with down payments as low as 3%, there was concern that Fannie Mae and Freddie Mac would expose themselves to greater credit risk.