MIAMI--"Fraud is beginning to show itself in new and exciting ways," said Don Effertz, vice president of risk management with DataVerify Inc., Chesterfield, Mo.
Millennials Going Over Budget to Buy Homes in Today's Hot Market
Millennials poured $514 billion into the U.S. housing market over the past year as the largest generation of home buyers, said Zillow Inc., Seattle. But new survey data show their homeownership aspirations are stymied by affordability issues, frustration with the buying and selling process and a "cutthroat" housing market.
As Consumers Age, Cities Beckon
High-rise buildings in the heart of downtown may be replacing far-flung golf course communities for the coming generation of senior citizens.
For Self-Employed, Borrowing Gets a Bit Easier
Since tightening underwriting standards in the wake of the financial crisis, one key group other than non-prime borrowers has seen the greatest difficulty in getting a mortgage loan: the self-employed.
Stability--But Caution--in Hotel Sector
The hotel sector continues to display stability, "but with a dose of caution regarding future growth," said US Realty Consultants, Columbus, Ohio.
Dealmaker: JLL Secures $96M for Philadelphia Office Tower
JLL, Chicago, secured $96 million for Taconic Capital Advisors and Cohen Equities to acquire 801 Market Street, a 695,000-square-foot office tower in Philadelphia's Market East submarket.
MBA Presents mPowering You Event at MBA Annual Convention & Expo
The Mortgage Bankers Association is pleased to introduce mPowering You, a one-day event for women in real estate finance, on Saturday, Oct. 21 in Denver.
MISMO Seeks Input on Online Notary Standards
MISMO®, the Mortgage Industry Standards Maintenance Organization, invites mortgage industry participants to collaborate on developing new electronic and online notary standards and best practices for use within the mortgage process.
MBA Education Practical Blockchain Applications for Mortgage Lenders Webinar Oct. 31
MBA Education presents a webinar, Practical Blockchain Applications for Mortgage Lenders, on Tuesday, Oct. 31 from 2:00-3:30 p.m. ET.
Compliance Essentials Recent FCRA Regulation, Enforcement & Litigation Updates Webinar Oct. 5
MBA Education and Compliance Essentials will host a new webinar, Recent FCRA Regulation, Enforcement & Litigation Updates this Thursday, Oct. 5 from 2:00-3:30 p.m. ET.
Weekly Mortgage Applications Stall Along with Rates and Home Sales
CNBC, Oct. 4, 2017--Diana Olick
Three Things New Loan Officers Need in Order to Launch a Career
Mortgage Orb, Oct. 4, 2017--Chris Backe
CFPB Gives More Time to Reach Troubled Borrowers in Servicer Rule Revision
National Mortgage News, Oct. 4, 2017--Kate Berry (subcription)
Wells Fargo to Refund Fees Charged for Mortgage Delays that Were Primarily Its Own Fault
Los Angeles Times, Oct. 4, 2017--Lauren Raab
Senators Rip Credit-Reporting Model in Wake of Equifax Breach
Wall Street Journal, Oct. 4, 2017--AnnaMaria Andriotis, Michael Rapoport, Christina Rexrode (subscription)
Waters' Bill Gives Power to Fed to Shut Down Megabanks
HousingWire, Oct. 4, 2017--Kelsey Ramirez
This Lender Will Now Help Mortgage Borrowers Crowdfund their Down Payment
MarketWatch, Oct. 5, 2017--Jacob Passy
Alexa, Get Me a Mortgage
American Banker, Oct. 4, 2017--Bryan Yurcan (subscription)
Millennial Market Share Grows in Top Cities for Young Borrowers
National Mortgage News, Oct. 4, 2017--Elina Tarkazikis (subscription)
Ocwen Dodges SEC Investigations; Settles with 3 More States
HousingWire, Oct. 4, 2017--Ben Lane
Hurricanes Hit U.S. Hiring in September; Services Sector Resilient
Reuters, Oct. 4, 2017--Richard Leong
Investors Look for Bargains in Undervalued Markets
National Real Estate Investor, Oct. 4, 2017--Beth Mattson-Teig
MSRs Being Auctioned on Over $300 Mil in GSE Loans
Mortgage Daily, Oct. 4, 2017
Over $800 Million in Freddie Mac Loans Sold
Mortgage Daily, Oct. 4, 2017