Tag Archives: mortgage

Federal Reserve keeps rates static, predicts no hikes in 2019

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The Federal Reserve held interest rates steady at 2.25 to 2.50 percent Wednesday as was widely expected while also predicting no rate hikes in 2019. Continue reading →

Motto Mortgage adopts Total Expert for marketing, CRM

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Motto Mortgage, the mortgage franchise from RE/MAX, announced on Wednesday that it’s equipping its franchises with customer relationship management tool and marketing solutions from fintech startup Total Expert.  Continue reading →

New tool tells lenders if properties were damaged by natural disaster

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The new parcel-level disaster data is available as a free add-on to the VeroVALUE service, which the company describes as an AVM that provides realistic value ranges for properties across the country. Continue reading →

Paul Manafort indicted in New York on mortgage fraud charges

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Paul Manafort was indicted Wednesday in New York on charges related to mortgage fraud, conspiracy and other crimes — just minutes after he received a second prison sentence in a separate federal case. Continue reading →

Still wondering why service trumps tech? Ask Blockbuster

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You can’t be full of yourself, provide poor service, a poor environment and “charge late fees” when customers expect to be delighted. Ours is a service industry where hubris has no place, and we ought to focus on the end user. Don’t believe us? You mig… Continue reading →

Bankrate successor to pay $28M in fines for fraud scheme

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Baton Holdings, the successor company to financial services and marketing company Bankrate, has agreed to pay $28 million in fines to resolve a government investigation into accounting and a securities fraud scheme carried out by former executives.  Continue reading →

Here’s what NAR wants in the next versions of Fannie and Freddie

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NAR also said on Friday that any changes should maintain a host of features such as 30-year fixed-rate mortgages, affordable credit and reliable access to housing for both renters and homeowners. Continue reading →

Veterans Affairs loans have spiked since 2007 recession: Study

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The percentage share of veterans and active duty servicemembers that applied for a first-time home loan partially guaranteed by the U.S. Department of Veterans Affairs (VA) nearly doubled in the run up to the financial crisis, a new study out today fro… Continue reading →

Are you ready for the real estate transactions of tomorrow?

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Joseph Snyder of Lannister Holdings, one of the first companies to facilitate mortgage loans with blockchain technology, talks about blockchain’s place in real estate today and how agents should prepare for tomorrow. Continue reading →