Mortgage loan

Housing Sentiment Up Slightly on Reported Household Income Gains

Retrieved on: 
Friday, December 7, 2018

"The HPSI has moved within a tight range over the past five months, as positive sentiment regarding the overall economy continued to offset cooling housing sentiment," said Doug Duncan, senior vice president and chief economist at Fannie Mae.

Key Points: 
  • "The HPSI has moved within a tight range over the past five months, as positive sentiment regarding the overall economy continued to offset cooling housing sentiment," said Doug Duncan, senior vice president and chief economist at Fannie Mae.
  • "Consumers' perceptions of growth in their household income reached a survey high this month, helping to absorb some of the impact of increasing mortgage rates on housing market activity.
  • The Home Purchase Sentiment Index (HPSI) distills information about consumers' home purchase sentiment from Fannie Mae's National Housing Survey (NHS) into a single number.
  • We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk.

Intuvo White Paper Reveals Why Credit Unions Stand to Benefit from Mortgage

Retrieved on: 
Friday, December 7, 2018

In its new white paper, "The Keys to Credit Union Success in Mortgage," Intuvo details how credit unions can win more mortgage business and outlines the key benefits of a strong mortgage lending program.

Key Points: 
  • In its new white paper, "The Keys to Credit Union Success in Mortgage," Intuvo details how credit unions can win more mortgage business and outlines the key benefits of a strong mortgage lending program.
  • Credit unions that continually explore new areas of loan growth realize the potential revenue and benefits offered by additional products.
  • "Credit Unions that win more mortgage business stand to realize significant revenue through the transaction," notes Intuvo CEO Jeff Shood.
  • Credit unions interested in learning more can download Intuvo's new, free White Paper The Keys to Credit Union Success in Mortgage .

NewDay USA's New 'Operation Home' VA Loan Program Puts Veterans and Servicemembers in Homes

Retrieved on: 
Thursday, December 6, 2018

NewDay USA's Operation Home program works with realtors nationwide to understand how to maximize a Veteran's VA benefits.

Key Points: 
  • NewDay USA's Operation Home program works with realtors nationwide to understand how to maximize a Veteran's VA benefits.
  • Located at NewDay USA headquarters, NewDay University trains and develops mortgage bankers to counsel Veterans to understand their valuable VA benefits, and guide them through the mortgage process.
  • "With Operation Home, Veterans and active Servicemembers don't have to save up to move up," said Rob Posner, CEO of NewDay USA.
  • NewDay USA is a nationwide VA mortgage lender focused on helping active military personnel, Veterans, and their families achieve their financial and housing goals.

Floify Joins with Equifax to Expand Features and Functionality of their Next-Generation Mortgage Point-of-Sale Solution

Retrieved on: 
Thursday, December 6, 2018

BOULDER, Colo., Dec. 6, 2018 /PRNewswire-PRWeb/ -- Floify , the mortgage industry's leading point-of-sale solution, announced today it is joining forces with global information solutions company, Equifax .

Key Points: 
  • BOULDER, Colo., Dec. 6, 2018 /PRNewswire-PRWeb/ -- Floify , the mortgage industry's leading point-of-sale solution, announced today it is joining forces with global information solutions company, Equifax .
  • This partnership integrates the power of the Equifax Trended Credit*Hi-Lite and The Work Number, which enables eligibility for Day 1 Certainty from Fannie Mae, with Floify's flexible and feature-packed mortgage automation solution.
  • "We are excited to partner with Equifax, as Floify continues leading the mortgage tech market with a secure and comprehensive point-of-sale solution," said Dave Sims, CEO of Floify.
  • Floify is a digital mortgage point-of-sale solution that streamlines the loan process by providing a secure application, communication, and document portal between lenders, borrowers, referral partners, and other mortgage stakeholders.

Amerifirst Home Mortgage is First Client to Go Live on Black Knight's Servicing Digital Solution

Retrieved on: 
Wednesday, December 5, 2018

JACKSONVILLE, Fla., Dec. 5, 2018 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) announced today that Amerifirst Home Mortgage , a division of Amerifirst Financial Corp., is the first client to use Servicing Digital , Black Knight's new mobile solution, which was launched in June and is part of Black Knight's LoanSphere platform.

Key Points: 
  • JACKSONVILLE, Fla., Dec. 5, 2018 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) announced today that Amerifirst Home Mortgage , a division of Amerifirst Financial Corp., is the first client to use Servicing Digital , Black Knight's new mobile solution, which was launched in June and is part of Black Knight's LoanSphere platform.
  • Servicing Digital is also helping Amerifirst deepen customer relationships and increase retention by giving consumers easy, round-the-clock access to home and loan information.
  • "At Amerifirst, we are passionate about being a true partner to our customers and providing them with tools and information to support their financial well-being," said Greg Warner, director of Loan Servicing, Amerifirst Home Mortgage.
  • Headquartered in Kalamazoo, Michigan, Amerifirst Home Mortgage is an independent community mortgage banker founded in 1983 by entrepreneurs Mark Jones and David Gahm.

Notice from the Office of the Secretary - Ontario Securities Commission

Retrieved on: 
Tuesday, December 4, 2018

MONEY GATE MORTGAGE INVESTMENT CORPORATION, MONEY GATE CORP., MORTEZA KATEBIAN and PAYAM KATEBIAN, File No. 2017-79

Key Points: 

MONEY GATE MORTGAGE INVESTMENT CORPORATION, MONEY GATE CORP., MORTEZA KATEBIAN and PAYAM KATEBIAN, File No. 2017-79
TORONTO, Dec. 4, 2018 /CNW/ - The Commission issued an Order in the above named matter.
A copy of the Order dated December 4, 2018 is available at www.osc.gov.on.ca .

Panama, the Dominican Republic and Costa Rica Named Best Caribbean Countries for the American Real Estate Investor

Retrieved on: 
Tuesday, December 4, 2018

NEW YORK, Dec. 4, 2018 /PRNewswire/ --WIRE Consulting, an independent company specialized exclusively in International Real Estate services, seesa wide range of potential opportunities for the American real estate investor in Panama, the Dominican Republic or Costa Rica.

Key Points: 
  • NEW YORK, Dec. 4, 2018 /PRNewswire/ --WIRE Consulting, an independent company specialized exclusively in International Real Estate services, seesa wide range of potential opportunities for the American real estate investor in Panama, the Dominican Republic or Costa Rica.
  • Following a cut in property taxes and an improved mortgage financing system, will only continue to heighten demand and Net Foreign Direct Investment.
  • Property prices have followed in the same upward pattern of about 8% annually since 2012, where the average price per sq.
  • There continues to be a strong American presence in Costa Rica, one of the most stable countries in Central America, where it is easy for the international buyer to invest in real estate.

Neil Cremin joins New Fed Mortgage as a Senior Loan Officer

Retrieved on: 
Monday, December 3, 2018

He has seen all sides of residential lending as both an inside operations specialist and in sales as a loan originator.

Key Points: 
  • He has seen all sides of residential lending as both an inside operations specialist and in sales as a loan originator.
  • Neil focuses on his client's specific situation whether it may be the benefits of refinancing an existing mortgage to improve their financial situation or a prequalification to buy their new dream home.
  • He is an accomplished mortgage industry professional focused on quality service and certainly will complement our mortgage origination endeavors in Massachusetts".
  • New Fed Mortgage, locally based in Massachusetts has specialized in residential retail mortgage lending since 2001 with in-house processing, underwriting and closings.

CardTapp's New Technology for Financial Services Elevates High Touch Sales Interactions

Retrieved on: 
Friday, November 30, 2018

"The innovation at CardTapp continues to deliver on our mission of creating mutually beneficial interactions between sales reps and prospects," said CEO Ben Brashen.

Key Points: 
  • "The innovation at CardTapp continues to deliver on our mission of creating mutually beneficial interactions between sales reps and prospects," said CEO Ben Brashen.
  • "Our mobile applications have now been used over 30,000,000 times as we continue to combine high tech and high touch with our complete mobile marketing solution."
  • CardTapp now has the ability to integrate with hundreds of systems including those in the fast growing mortgage, financial and insurance technology sectors.
  • This, coupled with integrations between platforms, will ultimately help companies in the financial services industries create highly personalized experiences for their customers and prospects.

Fannie Mae Releases October 2018 Monthly Summary

Retrieved on: 
Friday, November 30, 2018

WASHINGTON, Nov. 30, 2018 /PRNewswire/ -- Fannie Mae's (OTC Bulletin Board: FNMA) October 2018 Monthly Summary is now available.

Key Points: 
  • WASHINGTON, Nov. 30, 2018 /PRNewswire/ -- Fannie Mae's (OTC Bulletin Board: FNMA) October 2018 Monthly Summary is now available.
  • The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, serious delinquency rates, and loan modifications.
  • Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans.
  • We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk.