Freddie Mac: Innovating and Learning in a Fast-Fail Environment

Freddie Mac: Innovating and Learning in a Fast-Fail Environment

We have always done innovation at Freddie Mac, but we're making big investments and improving our Loan Advisor Suite for our customers. Beyond just the sourcing side, now we also need to turn our attention to the servicing side. We need to look at other technologies. We want to innovate and learn
See Original Article

Driverless Cars Have Potential Market

NAHB regularly conducts national polls of American adults and home buyers in order to understand new trends and preferences in the housing market. This is the second in a series of posts highlighting poll results, as presented during the 2018 International Builders' Show in Orlando, FL. See previous
See Original Article

Interest For Bitcoins & Altcoins: Free Of Charge, Secure & Simple With Coinlend

At crypto exchanges like Bitfinex.com you can lend your Bitcoins & Altcoins to traders to receive interest. How it works, what are the risks and how Coinlend.org simplifies and automates the lending for you, you will learn in following report. Augmenting your own coins without investing additional capital;
See Original Article

FY2018 EPS Estimates for Tempur Sealy International Inc (NYSE:TPX) Decreased by KeyCorp

Tempur Sealy International Inc (NYSE:TPX) – Equities researchers at KeyCorp cut their FY2018 earnings per share (EPS) estimates for Tempur Sealy … Stifel Nicolaus reaffirmed a “buy” rating and issued a $80.00 price objective on shares of Tempur Sealy International in a research note on Friday,
See Original Article

HR 2226, Portfolio Lending and Mortgage Access Act

Under current law, a “qualified mortgage” has certain characteristics designed to make it more affordable than some other types of loans. Eligible borrowers are presumed to be able to repay amounts owed, and lenders are provided certain legal protections when issuing such mortgages. H.R. 2226
See Original Article

Mortgage Cryptocurrency; Lender and Agency FHA, VA changes; Ginnie Names Names

Here's a riddle for tonight's Happy Hour for snowed-in Chicagoans: What do New Day Financial, Nations Lending Corp., Freedom Mortgage Corp, LoanDepot.com LLC and Flagstar Bank have in common? Answer: they were singled out by Ginnie Mae as being “outliers” in terms of their prepayment
See Original Article

HUD changes reverse mortgage rules

It is reported that almost every reverse mortgage that is in an amount under the Federal Housing Administration limit ($679,650 in 2018), is a federally insured Home Equity Conversion Mortgage. Because of this, we will be limiting our discussion today to HECMs, which are backed by the U.S.
See Original Article

Waterstone Mortgage names Ericka Smith VP of marketing

Smith joined Waterstone Mortgage as its marketing manager more than two years ago and has played an integral part in the rollout of many of the company's marketing initiatives, such as the launch of its customer relationship management system and the introduction of a monthly marketing webinar for
See Original Article

Openwrks, Zopa and TrueLayer get into Open Banking groove

The UK's major banks are being shown a clean pair of heels by non-bank competitors in the Open Banking space, with new announcements by TrueLayer in tandem with Zopa, and Openwrks demonstrating the enthusiasm of non-banks in opening up access to consumer account data. Zopa has worked
See Original Article

Consumer Confidence in the Housing Market Jumped in January

Consumer confidence in the housing market improved in January, rising 3.7 points to a score of 89.5 on Fannie Mae's Home Purchase Sentiment Index (HPSI). The increase in the index score reverses the decrease that came in December. The net share of respondents who said now is a good time to
See Original Article

Have Mortgage Restrictions Loosened?

After the subprime mortgage crisis, lending requirements were dramatically tightened in an effort to protect banks and lending institutions who suffered dramatic losses. Over the years, restrictions have eased, but many Americans still believe they won't qualify for financing and that homeownership will
See Original Article

Lebanon County real estate transactions

Retire-Wise Financial Real Estate Partners to Steven W. and Susan M. Gable, 245 S. 12th St., $65,000. Thomas G. and Patsy G. Bradley to Michael P. Lucas, 519 S. Seventh St., $89,900. RX Lebanon Investors LLC to JSK Lebanon LLC, property on southwest corner of Cumberland Street and South
See Original Article

What Can I Get for … Under $600K in the South Loop?

Real-estate trends have meant that the neighborhood's loftiest lofts are still affordable, but it might not stay that way for long. By AJ LaTrace. Published today at 12:06 p.m.. 1530 S. State Street Unit 17L in the South Loop Launch gallery. 1530 S. State Street Unit 17L in the South Loop Photo: VHT Studios.
See Original Article

Venture Capitalists and Private Equity Investors Aren't So Confident in President Donald Trump

This article originally ran in Term Sheet, Fortune's newsletter about deals and dealmakers. Sign up here. In January, more than 500 Term Sheet readers and VC/PE industry professionals took a survey conducted by Semaphore, a business consulting firm, about confidence in 2018. Approximately 31%
See Original Article

Greenbriar Launches Real Estate Blockchain Realblock, Targets Arizona

Realblock aims to address real estate's “byzantine paper heavy and rubber stamp process, that has seen little change in decades” through its proprietary software, designed to streamline and decrease the costs of the escrow and title insurance process, the company said, in a statement. To this effect
See Original Article

Uber Agrees to Pay Waymo $245 Million in Equity to Settle Suit

Uber Technologies Inc. agreed to give about $245 million in stock to settle the high-stakes trade-secret theft lawsuit brought by Waymo, resolving a conflict that already cost the ride-hailing giant its top driverless car engineer and threatened to further embarrass the company. That will give the Alphabet
See Original Article

Automotive Intelligence Series Makes its Debut at the Canadian International AutoShow

With that in mind, the 2018 Canadian International AutoShow is launching the Automotive Intelligence Series, a public education series designed to help … All Automotive Intelligence Series events are included with the purchase of a general admission ticket to the show, which is being held at the Metro
See Original Article

Commercial Real Estate Executives Positive Despite Cautious 2019 Outlook

WASHINGTON, Feb. 9, 2018 /PRNewswire/ — Commercial real estate industry leaders continue to acknowledge positive conditions in the economy and current real estate markets, while expressing some caution about 2019, according to The Real Estate Roundtable's Q1 2018 Economic Sentiment
See Original Article

Mortgage Rates Jump to Highest Level in More Than a Year

Mortgage rates jumped to their highest level in more than a year on Thursday, Feb. 8, continuing an ascent that kicked off at that the start of 2018. According to Freddie Mac, the average 30-year fixed-rate mortgage rate increased 10 basis points to 4.32% for the week ending Feb. 8 and is up more than
See Original Article

LPP Mortgage, LTD., f/k/a Loan Participant Partners, LTD., Plaintiff, vs. The Estate of Catherine B …

In compliance with a Writ of Execution issued out of the Superior Court of the Virgin Islands, Division of St. Croix, on or about August 18, 2017, wherein LPP Mortgage Inc., f/k/a LPP Mortgage Ltd., f/k/a Loan Participant Partners, Ltd., is the Plaintiff and The Estate of Catherine B. Osborne or “John Doe”
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.