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HUD program offers investors a discount on default properties

July 26, 2016

Because many servicers and investors are new to the CWCOT program, Chronos Solutions offers high-touch service that walks them through the whole auction process. Whether the property is being sold through a live auction at the courthouse or through an online auction process, Chronos maintains close contact with the bidders through RealtyBid.

Appraisals creep higher as Brexit continues to impact volume


Appraisal volume, while small, still increased for the week of July 17, as the impact from Brexit continues to filter through the systems. However, according to Kevin Golden, director of analytics with a la mode, the impact won’t last much longer.

Keller Williams CEO: The need for a real estate agent is alive and well


As technology grows in the housing industry, so does the need for real estate agents, with the two working in conjunction rather than against each other, Chris Heller, CEO of Keller Williams, explained in an interview with HousingWire. Here’s Keller Williams’ view of today’s real estate agent.

CoreLogic revenue explodes thanks to growing property valuation business

July 25, 2016

Thanks in large part to its growing property valuation business, CoreLogic saw a huge jump in revenue during the second quarter, the company reported Monday afternoon. And the company plans to grab even more valuation services market share moving forward, thanks to a “highly fragmented and challenged market space.”

Growing pains at Ditech? Company begins layoffs


Ditech Financial relaunched in 2014 with big plans and big goals. Earlier this month, the company said that it is planning to launch a wholesale lending channel, calling the expansion a “natural progression.” As it turns out, some of Ditech’s employees will no longer be taking part in the company’s “natural progression,” as sources tell HousingWire that the company is set to lay off a number of employees.

Behind the scenes on why Castro didn’t get picked to be Clinton’s vice president


After much talk, and even controversy, surrounding HUD Secretary Julián Castro’s possible nomination to become Hillary Clinton’s vice president, there was a lot more going on behind the scenes, preventing him from locking in the bid. In an interview with The Washington Post’s Dan Balz, Castro explains what happened in the days leading up to Clinton’s major vice president reveal.

Behind the scenes on why Castro didn’t get picked to be Clinton’s vice president


After much talk, and even controversy, surrounding HUD Secretary Julián Castro’s possible nomination to become Hillary Clinton’s vice president, there was a lot more going on behind the scenes, preventing him from locking in the bid. In an interview with The Washington Post’s Dan Balz, Castro explains what happened in the days leading up to Clinton’s major vice president reveal.

Behind the scenes on why Castro didn’t get picked to be Clinton’s vice president


After much talk, and even controversy, surrounding HUD Secretary Julián Castro’s possible nomination to become Hillary Clinton’s vice president, there was a lot more going on behind the scenes, preventing him from locking in the bid. In an interview with The Washington Post’s Dan Balz, Castro explains what happened in the days leading up to Clinton’s major vice president reveal.

Behind the scenes on why Castro didn’t get picked to be Clinton’s vice president


After much talk, and even controversy, surrounding HUD Secretary Julián Castro’s possible nomination to become Hillary Clinton’s vice president, there was a lot more going on behind the scenes, preventing him from locking in the bid. In an interview with The Washington Post’s Dan Balz, Castro explains what happened in the days leading up to Clinton’s major vice president reveal.

Expanding mortgage servicer hires 4 new executives


As Statebridge plans to expand into GSE-backed loans, it announced its decision to hire four new executives to lead the company through the process. Here’s why the company is excited about the new hires.

Tired? Here’s one mortgage lender’s fun tip on perking things up


United Wholesale Mortgage goes to great lengths to create a fun, but also driven, work environment at its headquarters. In what may be one of the best examples of UWM’s dedication to its employees, the company’s answer to getting through the day goes a little off track. But according to the CEO, it works.

Tired? Here’s one mortgage lender’s fun tip on perking things up


United Wholesale Mortgage goes to great lengths to make create a fun, but also driven, work environment at its headquarters. In what may be one of the best examples of UWM’s dedication to its employees, the company’s answer to getting through the day goes a little off track. But according to the CEO, it works.

A deeper look into Black Knight’s recent HPI report


A deeper look into Black Knight’s latest report on home prices shows a shocking discovery about where the top state, and the top metros lie. While home prices are up monthly across every state, just one area contains eight of the top 10 metro areas.

U.S. Bank partners with Sage to adapt new credit reporting trends


A new partnership between U.S. Bank and Sage provides consumers with a new program that helps with personal finances. The app could help consumers improve credit as more companies move to alternative credit reporting that uses trending credit data.

Obama administration presents a look at life after HAMP


Time is ticking on the government’s Home Affordable Modification Program and Home Affordable Refinance Program, as both will end on Dec. 31, 2016. In a comprehensive report published Monday, the Treasury, HUD, and the FHFA say that while these programs are set to end this year, the government plans to continue working with the mortgage industry on various loss mitigation programs moving forward, but caution that the industry needs to be prepared to do more.

Monday Morning Cup of Coffee: Is housing talk finally coming to the 2016 election?


Well, we’re smack dab in the middle of election season now, and housing is thus far, decidedly not on the agenda. But is that all about to change? While Republican nominee Donald Trump didn’t touch on housing in his acceptance speech last week, the Republican Party platform does call for significant changes to the country’s housing finance system. As for the Democrats, the party made two big moves over the weekend that could bring housing into the conversation.

Black Knight: Home prices continue to trudge higher in May


Home prices produced much of the same in May, which isn’t necessarily a bad thing. Here’s which states and metros performed well this time around.

Here’s one unusual tip on how to beat out all-cash buyers


When the market gets competitive, all-cash offers typically win out as inventory tightens and bidding wars commence. This leaves borrowers who choose to finance at an extreme disadvantage – until now. One unique tip from an article in The New York Times could be the key difference in locking in a home, but it’s not for everyone.

Here’s one unusual tip on how to beat out all-cash buyers


When the market gets competitive, all-cash offers typically win out as inventory tightens and bidding wars commence. This leaves borrowers who choose to finance at an extreme disadvantage – until now. One unique tip from an article in The New York Times could be the key difference in locking in a home, but it’s not for everyone.

Here’s one unusual tip on how to beat out all-cash buyers


When the market gets competitive, all-cash offers typically win out as inventory tightens and bidding wars commence. This leaves borrowers who choose to finance at an extreme disadvantage – until now. One unique tip from an article in The New York Times could be the key difference in locking in a home, but it’s not for everyone.