James R. Follain has been named senior vice president for mortgage valuation at Fidelity National Information Services' Hansen Quality, a provider of automated valuation, collateral risk, and appraisal review products based in Jacksonville, Fla.Mr. Follain will be responsible for building statistical models that assess the probability of mortgage default and estimate how much money the lender or investor would lose if the loan were to default, the company said. Mr. Follain, who has nearly 30 years of experience in mortgage finance and analytics, was most recently senior economist at the Federal Reserve Board, where he analyzed mortgage provisions of the Basel II Accord. Before that, he served as senior director of capital management and policy, single family capital development at Freddie Mac.
-
The founder who was recently ousted as CEO said he wants to return the company to its positive trajectory, after last week's shakeup battered its stock price.
6h ago -
The lender won its motion for summary judgment just about two months after the court denied a plaintiff's attempt to certify a class of over 50,000 consumers.
August 13 -
While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
August 13 -
The seller surplus was a result of sluggish demand as opposed to increased supply. The 30-year fixed-rate mortgage rose every week in July to 6.66%.
August 13 -
More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
August 13 -
For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
August 13









