The pace of new home construction is almost back to normal since the recession. There is just one problem: There isn’t enough available workers to do the job.
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Dimont, a provider of hazard claims insurance processing services to the residential and commercial mortgage industries, announced a partnership with OrangeGrid. Under the terms of the agreement, Dimont’s hazard insurance and claims processing capabilities will be available through OrangeGrid’s technology suite.
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Meet Edwin Baker. He’s fighting to make an NFL roster right now and he just spent his off-season working at United Shore Financial Services. From mortgages to touchdowns? Baker hopes so.
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Urban Institute’s Housing Finance Policy Center Director Laurie Goodman is worried about the far-reaching implications of the servicing reforms proposed by the Federal Housing Administration and its impact on FHA borrowers. Is she onto something?
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The risk grows even as increasing leverage in a seller’s market is pushing up real home prices, moving the goal post further away for many aspiring low- and middle-income homebuyers. Here’s why it’s not a good trend.
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Stonegate Mortgage Founder and CEO Jim Cutillo announced he is abruptly leaving the company effective Sept. 10, 2015, serving only as a consultant over the next six months to facilitate his transition. After a rough year on the stock market for the company, one analyst said this is positive news for the lender.
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A district judge awarded the court-appointed trustee overseeing the liquidation of Thornburg Mortgage $45 million in his crisis-era lawsuit against Royal Bank of Canada since the bank undervalued the seized mortgage-backed securities it sold.
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