Is it OK to gatecrash a Realtor’s open house?

Is it OK to gatecrash a Realtor’s open house?

Yes, but only if you follow this Reddiquette

CoreLogic: Home prices rose 6.9% annually in August

Forecasts calls for 4.3% growth by August 2016

TRID pushes industry into digital mortgages

eMortgages are the obvious choice


Fannie Mae, Freddie Mac offers relief to South Carolina flood victims

Forbearance, other options made available
Over the last several days, torrential downpours have battered some residents in South Carolina with more than two feet of rain, resulting in as many as 14 deaths and damage currently estimated to be more than $1 billion. Now, Fannie Mae and Freddie Mac are offering relief to the thousands of homeowners affected by the devastating floods.
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Another one bites the dust: MERS wins again

California Third Appellate District Court affirms MERS’ rights to assign a mortgage
MERSCORP Holdings announced Monday that it secured another victory over a homeowner who challenged its authority to assign a mortgage. MERS had its authority upheld this time by the Court of Appeal of California for the Third Appellate District.
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Walter Investment CEO stepping down

Mark O’Brien announces retirement; Denmar Dixon named CEO
Coming just one month after Walter Investment Management Corp. agreed to pay $29.63 million in fines to settle charges brought by the Department of Justice, the company announced Monday that Mark O’Brien, the company's chairman and CEO, is retiring this week.
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New Residential to repay $2.5B in mortgage servicer advances

S&P downgrades Ocwen, triggers repayment
Citing an “inadvertent” oversight in a previous downgrade of Ocwen Loan Servicing servicer rankings, Standard & Poor’s announced earlier this week that it was lowering its ranking of Ocwen as a residential mortgage master servicer from “above average” to “below average.” And that move triggered a massive payback from New Residential.
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$301 million Fannie Mae bulk servicing portfolio hits market

Mostly Midwest portfolio is 100% current
Buyers looking to get their hands on some Fannie Mae servicing now have that opportunity. Interactive Mortgage Advisors announced that it is acting as the exclusive broker for a $301 million Fannie Mae bulk residential mortgage servicing rights offering.
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From HW Magazine

Venture Solutions creates a pathway to paperless process

Multi-channel deployment meets consumers wherever they are
Venture will consult, help set realistic goals and provide solutions to improve the online and mobile experiences to drive eStatement adoption. The company also provides a full lifecycle program that capitalizes on personalized communications that educate, inform and provide easy ways for customers to drive paperless adoption via mobilized solutions.
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Ocwen cutting 10% of U.S. workforce

Cutbacks at Waterloo, Iowa facility part of cost-cutting initiative
As part of its previously announced cost-cutting initiative, Ocwen Financial announced Thursday that it intends to reduce the size of U.S. workforce by 10%. And while it was not an easy decision for the servicer to make, the CEO said it was necessary to ensure long-term success.
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