VidVerify, a new company started by a co-founder of Lenders One, produces online videos that educate borrowers on the milestones of the mortgage process, while helping lenders ensure regulatory compliance.
The Commercial Real Estate Financing portal allows investors to apply for financing through Auction.com with the company's preferred lenders.
Real estate investment trusts have near-universal anxiety over the Federal Reserve raising interest rates, a study by BDO USA, a financial advisory and consulting firm, found.
The Financial Stability Oversight Council is encouraging mortgage agencies to continue clarifying when lenders must repurchase defective loans.
The Korean-American bank is looking to diversify its balance sheet and revenue streams before it hits $10 billion in assets. The commercially focused lender hopes such efforts will help it once more regulation kicks in.
With older appraisers retiring and fewer and fewer college graduates entering the profession, industry observers say that, in five to 10 years, there won't be enough appraisers to handle the volume of home sales. For lenders, that could mean higher appraisal fees and long delays in closing loans at a time when technology could be speeding up the process.
Weak economic growth in the first quarter did not temper Freddie Mac's projections for the mortgage market for the full year.
The proposed legislation for regulatory relief seeks to roll back critical mortgage protections put in place to prevent another housing crisis.
The total number of new home equity lines of credit increased 36% in the first quarter according to Equifax.
Mortgage applications decreased for the week ending May 15, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey.
Home sales in Inland Southern California continued to flex some muscle in April, restoring optimism in a marketplace that got off to a sluggish start for 2015.
Ventura County home sales continued to climb in April, topping 1,000 units for the first time since the days before the recession, according to data reported Tuesday by the real estate information service CoreLogic.
Critics of the regulatory relief bill proposed by Sen. Richard Shelby argue that will endanger the financial system and benefit big banks. But in fact, the changes offer sensible, nonpartisan fixes to some of the biggest problems with the Dodd-Frank Act.
Fannie Mae is planning to follow the lead of its rival, Freddie Mac, and offer securities with exposure to actual losses on the single-family mortgages that it ensures.
It's a good idea to raise the asset threshold at which financial institutions are automatically designated as systemically important financial institutions. But Sen. Richard Shelby's proposed legislation for regulatory relief does require one crucial change.