Here’s how TRID is changing the mortgage industry

Here’s how TRID is changing the mortgage industry

Up and down the pipeline things are changing

Monday Morning Cup of Coffee: Is Fed, housing policy at a crossroads?

Plus why private investors don’t want to buy mortgages, TRID and more

[Chart] FHA mortgage insurance boom in the works?

MBA notes impact of cutting MIPs


Altisource acquires RentRange and Investability

Expands company’s capabilities in rental market
Altisource Portfolio Solutions, a provider of mortgage, financial and technology services for the real estate industry, is expanding with a pair of acquisitions. The company announced Tuesday that it is set to acquire RentRange and Investability. Click the headline for more details.
Read More

Denver’s marijuana boom pushing city into housing crisis

Legalization of marijuana great for city’s economy, but not for housing
The legalization of marijuana in the state of Colorado has had a positive impact on the state’s economy, but the state’s largest city is facing a housing crisis, as steeply rising home prices are pricing out much of the city’s population.
Read More

Coming soon: Down payment insurance for borrowers

New program protects buyers against market downturn
A new program launching early next year will give borrowers the opportunity to protect their upfront investment in their home, just as lenders are able to do with mortgage insurance. Meet down payment insurance — for borrowers.
Read More

[Study] Americans shop around for everything but mortgages

Study finds consumers more likely to bargain hunt for gas than a loan
Americans are far more likely to go out of their way just to save 10 cents on a gallon of gas than they are to shop around for the best rate on a home loan. A new study found that 79% of Americans consider themselves to be “bargain hunters." But that bargain hunting ends for major financial loans, like cars and houses.
Read More

FGMC names Nicholas Imbimbo director, TPO operations

Previously vice president, national operations manager at Bank of Oklahoma
First Guaranty Mortgage Corporation, which provides correspondent, wholesale and retail mortgage origination channels, announced the addition of Nicholas Imbimbo as director, third-party origination operations.
Read More

CoesterVMS releases new appraisal fee calculator

Real solution for TRID

CoesterVMS is getting ready to release a disclosure calculator for TRID that produces fee quotes based on property complexity and product selection. After using the calculator, users have the option to place an order or save the quote for later use.

Read More