HousingWire, Dec. 11, 2020–Sarah WheelerA few short months after Shant Banosian became Guaranteed Rate’s first loan officer to originate $1 billion in a year, another Guaranteed Rate loan officer has …
Category: Top National News
CMBS 3Q Delinquency Rates Decline from Record-High Level
National Mortgage News, Dec. 11, 2020–Brad Finkelstein (subscription)But late payments for all other investor types rose compared with the second quarter.m record-high level. Commercial mortgage-backed securities lenders were the only …
U.S. Consumer Sentiment Rose in Recent Weeks
Wall Street Journal, Dec. 11, 2020–Gwynn Guilford (subscription)U.S. consumers grew more confident in the economy in late November and early December, with many expecting the economic conditions to improve when …
Mortgage Banking Businesses Awarded for Embracing Diversity
MReport, Dec. 11, 2020–Christina Hughes BabbSeven mortgage bankers are being recognized as leaders in inclusion and diversity efforts. Yearly, the Mortgage Bankers Association spotlights companies that are outstanding in areas …
Three Ways to Help 3.2 Million Struggling Homeowners
Urban Institute, Dec. 11, 2020–Jung Hyun Choi, Daniel PangLeading housing experts identify three priorities for policymakers, mortgage servicers and financial institutions to help struggling homeowners.https://www.urban.org/urban-wire/three-ways-help-32-million-struggling-homeowners
Test Your Knowledge of Credit Scores
UExpress, Dec. 11, 2020–Lew SichelmanWhen it comes to credit scores, low-income folks have far less knowledge, according to the results of a recent quiz developed by the Consumer Federation of …
Biden Win Gives Maxine Waters a Power Boost
American Banker, Dec. 10, 2020–Neil Haggerty (subscription)The head of the House Financial Services Committee is already exerting influence by handing the president-elect a laundry list of Trump regulatory policies that …
U.S. Renters Could Owe $70 Billion
Bloomberg, Dec. 10, 2020–Kriston CappsBetween past due rent, late fees and unpaid utility bills, Americans may collectively owe $70 billion by January, when the current federal eviction moratorium is set …
Protesters Erect Barricades in Portland to Save a Black Family’s House
New York Times, Dec. 10. 2020–Kirk JohnsonThe family lost its home of 60 years to foreclosure after taking out mortgages to pay legal fees. Some advocates say gentrification and skyrocketing …
Wolters Kluwer GRC Acquires eOrignial
Wolters Kluwer Governance, Risk & Compliance has signed an agreement to acquire eOriginal for $280 million in cash, officials said. eOriginal is a provider of cloud-based digital lending software.https://www.housingwire.com/articles/wolters-kluwer-grc-acquires-eoriginal/