Industry News


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Industry Reacts: Fed Cuts Rates Again
Wed, 18 Sep 2019 19:27:42 +0000

Here's what industry experts and economists are saying following the second rate cut of the year.

The post Industry Reacts: Fed Cuts Rates Again appeared first on DSNews.



Freddie Mac Passes $50B in Credit Risk Transfers
Wed, 18 Sep 2019 17:36:57 +0000

From program inception to date, the GSE has transferred a portion of the credit risk on more than $1.3 trillion of Single-Family mortgages based on UPB at issuance. 

The post Freddie Mac Passes $50B in Credit Risk Transfers appeared first on DSNews.



Is Housing Stock Meeting Demand?
Wed, 18 Sep 2019 16:40:36 +0000

More increases in construction may be on the way as housing inventory increases, according to the latest report from the U.S. Census Bureau.

The post Is Housing Stock Meeting Demand? appeared first on DSNews.



Document Delivery System Integration Announced
Wed, 18 Sep 2019 16:17:21 +0000

Mortgage Cadence, an Accenture company, has integrated CoreLogic’s Print and Ship secure document delivery solution with the latest version of Mortgage Cadence Enterprise Lending Center (ELC). The integration  enables ELC users who contract with CoreLogic to reduce manual processes and document delivery barriers. “We’re very pleased to bring our ELC clients this CoreLogic functionality, as ...

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DTI’s Ties to Mortgage Default Rates
Wed, 18 Sep 2019 15:34:13 +0000

The FHA has signaled that it may tighten credit, noting that the debt-to-income (DTI) ratio for FHA-insured loans has been consistently increasing for six years. In a new report, find out just how much DTI impacts defaults and repayments.

The post DTI’s Ties to Mortgage Default Rates appeared first on DSNews.



Bell Bank Mortgage Appoints Regional Head
Wed, 18 Sep 2019 14:55:50 +0000

Greg Gunn will lead Bell Bank Mortgage's midwest operations and will be responsible for recruiting, developing brand awareness, and building the business.

The post Bell Bank Mortgage Appoints Regional Head appeared first on DSNews.



Speeding Up the Verification Process
Wed, 18 Sep 2019 14:35:03 +0000

Finicity's new Verification of Income and Employment (VOIE) solution will speed up borrower verifications and advance the industry's shift to become fully digital.

The post Speeding Up the Verification Process appeared first on DSNews.



New Director of Enterprise Sales Announced for Software Provider
Tue, 17 Sep 2019 22:47:18 +0000

Insellerate, a provider of software-as-a-service provider for the mortgage industry and provider in intelligent borrower engagement, announced that Tami Von Tour has joined the company as Director of Enterprise sales. In her new role, Von Tour will be responsible for growing Insellerate's client base of mortgage companies and financial institutions as well as leading efforts ...

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Risk Management Solution Provided by Oversight Platform
Tue, 17 Sep 2019 22:38:11 +0000

Vendorly, a vendor oversight platform for financial institutions, is providing NTFN with a third-party risk management (TPRM) solution to maximize the company’s TPRM processes and minimize the risk presented by their large network of third-party vendors.  Through the Vendorly solution, NTFN has been able to successfully streamline their vendor management procurement and vetting process, saving ...

The post Risk Management Solution Provided by Oversight Platform appeared first on DSNews.



FHFA Director Mark Calabria Gives Update on Fannie and Freddie
Tue, 17 Sep 2019 20:48:22 +0000

The Federal Housing Finance Agency FHFA is working on a plan for Fannie Mae and Freddie Mac, and in this Video Spotlight, FHFA Director Mark Calabria discusses how quickly the GSEs can be put back into private hands.

The post FHFA Director Mark Calabria Gives Update on Fannie and Freddie appeared first on DSNews.