In a nutshell, it sets a minimum bar for private insurance policies; if the policies meet those requirements, lenders who require flood insurance will have to accept them. Continue reading
Ellie Mae, founded in 1997, processes 35 percent of all mortgage applications in the U.S., according to Banking Tech. Continue reading
The National Association of Realtors (NAR) wants to replace Fannie Mae and Freddie Mac with a new entity that would be private, but regulated like a utility, that the organization believes would ensure the mortgage industry keeps running long-term. Continue reading
PHH Mortgage agreed to pay $750,000 to six service members in response to allegations that the mortgage company unlawfully foreclosed on their homes. Continue reading
Student debt isn’t the only thing holding back home sales, which reached a six-year low in December and have been on a steady decline since 2004. Continue reading
Quicken Loans is dropping the familiar rocket out of its logo for its portfolio of online mortgage and home search brands. Continue reading
Patrick Stone, president and CEO of title insurer Williston Financial Group offered a surprisingly sunny assessment of the near-future real estate market. Continue reading
Led by Atlanta, non-coastal cities are now seeing faster gains in home values, according to data released Friday by Zillow. Continue reading
ReferralExchange is launching a program called ReferralExchange LIVE to verify and qualify contacts obtained through third-party lead generation platforms like Zillow or realtor.com. Continue reading
Blend, the digital mortgage application startup, has named former Fannie Mae chief executive Timothy Mayopoulos as its new president, the company announced. Continue reading