Mortgage Professional America, Dec. 10, 2021–Tony CantuAt San Francisco-based HouseCanary – a self-described technology and data-forward national real estate brokerage – the technology is being applauded for removing bias in …
Category: Top National News
Tok Of The Town? Or A Ticking Bomb?
National Mortgage Professional, Dec. 10, 2021–Erica LaCentraThe mortgage industry has always seemed to be a bit behind the curve when it’s come to marketing trends, so it’s no surprise that …
What’s Next for Special Purpose Credit Programs?
National Mortgage News, Dec. 10, 2021–Brad Finkelstein (subscription)Now that HUD has clarified that special purpose credit programs do not create fair lending violations, it is unclear whether mortgage originators will …
Mortgage Credit Availability Declines in November
HousingWire, Dec. 10, 2021–Flavia Furlan NunesMortgage credit availability dropped in November, despite improvements in the labor market, according to a report released Friday by the Mortgage Bankers Association.https://www.housingwire.com/articles/mortgage-credit-availability-declines-in-november/
Foreclosure Wave Not in the Cards as Mortgage Relief Programs End
Denver Post, Dec. 10, 2021–Aldo Svaldi“Most borrowers, even though they had the ability to skip payments, kept paying,” said Michael Fratantoni, chief economist at the Mortgage Bankers Association during a …
Better CEO ‘Taking Time Off Effective Immediately’: Email
Vice, Dec. 10, 2021–Maxwell StrachanBetter.com CEO Vishal Garg is “taking time off effective immediately,” the digital mortgage company’s board of directors said in an email on Friday morning. The company …
REIT MBS Holdings Ebb in 3Q21, Annaly Extends Lead
Inside Mortgage Finance, Dec. 10, 2021–John BancroftResidential MBS holdings among top publicly traded real estate investment trusts declined slightly during the third quarter.https://www.insidemortgagefinance.com/articles/223245-reit-mbs-holdings-ebb-in-3q21-annaly-extends-lead?v=preview
If It Smells, It Won’t Sell
UExpress, Dec. 10, 2021–Lew SichelmanSome people rescue dogs from the pound. Anna Kruchten rescued hers from a real estate transaction. The Phoenix broker had sold a client’s house to someone …
Partisan Battle Brewing over FDIC’s Bank Merger Policy
American Banker, Dec. 9, 2021–Brendan Pedersen (subscription)A partisan battle erupted on the Federal Deposit Insurance Corp. board Thursday when Democratic members said they had approved a review of bank merger …
Wish List for a Mortgage System Makeover: Build Your Own Mortgage, Easier Appraisals
Orange County Register, Dec. 9, 2021–Jeff LazersonCommon sense, sincere concern to end the status quo and lots of intestinal fortitude from government rulers are the metaphorical ingredients required to get …