LenderClose, Des Moines, Iowa, appointed Tana Krumm as Vice President of Marketing, responsible for analyzing the market to formulate and position differentiating marketing strategies.
Category: News and Trends
MBA Creates Print, Video PSAs for Members to Communicate COVID-19 Resources
To help inform consumers about the appropriate time to contact their mortgage companies, the Mortgage Bankers Association has created a 30-second video and corresponding ads for members’ use.
People in the News
LenderClose, Des Moines, Iowa, appointed Tana Krumm as Vice President of Marketing, responsible for analyzing the market to formulate and position differentiating marketing strategies.
Another Week for Record Unemployment Claims
The Labor Department yesterday reported a record 6.648 million Americans filed initial unemployment insurance claims last week, smashing the previous record set the previous week.
First American: Fraud Risk Continues to Drop
Today’s housing market benefits from new technology and policy guardrails against fraud and defect risk, innovations that will serve the industry well in the uncertain days ahead, said Mark Fleming, Chief Economist with First American Financial Corp. Santa Ana, Calif.
Ellie Mae: Older Millennials Drive February Refinance Surge
Older Millennials—and yes, there is such a thing—took advantage of near record-low interest to spark a surge in refinancings, according to the Millennial Tracker report from Ellie Mae, Pleasanton, Calif.
ATTOM: February Foreclosure Activity at Record Low
ATTOM Data Solutions, Irvine, Calif., reported 48,004 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in February, the lowest number of total foreclosure filings recorded it began tracking in April 2005.
MBA Tech All-Star Rick Triola: The Crusade for Remote Online Notarization
One of the most remarkable mortgage technology developments in the past couple of years has been emergence of Remote Online Notarization as standard operating procedure. And the industry has Rick Triola to thank for that.
Industry Briefs
CoreLogic, Irvine, Calif., launched its COVID-19 Housing Market Resource Center. This publicly accessible insights hub that shares data and insights from CoreLogic economists, scientists and other senior management executives related to the spread of the coronavirus and impact on the housing economy.
Joe Langner: HECMs Shield Seniors from Investment Sequence Risk in Turbulent Times
eniors are being especially hard hit by the health and economic impacts of the COVID-19 pandemic. Compounding worries of being among the population’s most vulnerable to the disease is the prospect of premature retirement portfolio depletion due to sequence of returns risk (sequence risk) in a volatile market.