The education arm of the Illinois Association of Mortgage Professionals is changing its name to reflect a more national client base. The Illinois Association of Mortgage Professionals Educational Foundation will now be known as the Mortgage Education Foundation. The MEF will offer industry education nationwide, while continuing to host consumer information programs in Illinois. The IAMP remains the parent organization of the MEF. Courses are available in a classroom setting or online and meet state-mandated continuing education requirements for industry professionals in many states, including Alabama, Illinois, Indiana, Minnesota, South Carolina, Washington, and Wisconsin. Other states will be added in the near future, and a complete list will be available at www.mortgageeducationfoundation.com.
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Better must formally accept the proxy results, which would move forward the founder's plan to reshape the board of directors and tap a new interim CEO.
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Nearly 21% of the homes for sale were reduced in price during September, the highest for the month on record, while inventory grew over 5%, Realtor.com noted.
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Home value fell in real terms, as inflation ran 1.5 percentage points above price growth, down slightly from 3.5% in June, according to the Case-Shiller index.
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The Federal Reserve's preferred measure of inflation came in lower for August than it had in earlier months, but a recent methodology change raises questions about the strength of the signal.
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New York Life's investment arm is buying a majority stake in Verus' parent, as higher rates draw insurers to non-QM. Lenders should expect deeper-pocketed buyers and competition.
September 29 -
The agreement expands the top-5 bank servicer's relationship with the technology company, claiming it brings its full portfolio to the MSP platform.
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