News

Mnuchin declares support for Republican Dodd-Frank replacement

Mnuchin: The existing regulatory system is limiting our economy
The Financial CHOICE Act, the Republican-crafted replacement for the Dodd-Frank Wall Street Reform and Consumer Protection Act, took its first official steps towards becoming law on Wednesday. And as the bill moves through the legislative process, it will do so with the support of Steven Mnuchin, the secretary of the Department of the Treasury.
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Radian: New mortgage insurance written jumps 25% in first quarter

Refinance share of mortgage insurance shrinks
Radian Group's new mortgage insurance written jumped 25% in the first quarter 2017, helping drive a strong start to the year. And that isn’t the only area Radian improved. The private mortgage insurer’s total primary mortgage insurance in force increased from last year, while its total number of primary delinquent loans decreased from last year.
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Lack of housing supply slows pending home sales in March

Numbers still indicate strong home-buying season
Pending home sales dipped slightly in March as low levels of housing inventory created a strain on the market. Low inventory levels are not only holding back home prices, but also creating more competition and increasing home prices. The National Association of Realtors forecasts the rate of home sales for 2017.
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Step one: Republicans begin fight for Dodd-Frank replacement

Financial CHOICE Act of 2017
The Republican-led Financial CHOICE Act started its long journey through Congress to try and replace the Dodd-Frank Wall Street Reform and Consumer Protection Act on Wednesday. House Financial Services Committee Chairman Jeb Hensarling, R-TX, formally introduced the Financial CHOICE Act and the Committee held its first hearing on the bill. Ready. Set. Go.
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Quicken Loans adds Casey Hurbis to lead marketing efforts

Will serve as chief marketing officer
It seems that can’t more than a few minutes without seeing an ad from Quicken Loans, as the company pushes its Rocket Mortgage more and more into the mainstream. Now the company will have a new person shepherding those ubiquitous marketing efforts, as Quicken Loans announced recently that Casey Hurbris is joining the online lender to serve as the company’s chief marketing officer.
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PRMI expands Florida footprint with new branch opening

Mortgage lender set to open new Miami office
Primary Residential Mortgage Inc. expanded its territory in Florida with its newest branch opening in Miami. The new location is complete with a new team of mortgage insurance professionals, including its new branch manager who brings 31 years of experience with her.
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