The do’s and don’ts of good credit for Millennials

Are REOs ready for a comeback?

Clear Capital: Increases in distressed, seasonal changes suggest yes

Mortgage application defects keep rising

Michigan, Florida, Texas lead First American application defect index
W S

The Ticker

TitleOne acquires Sun Valley Title Company

TitleOne’s footprint expands to 15 locations in 14 Idaho counties
TitleOne, an Idaho-based provider of title insurance and settlement services, announced the acquisition of Sun Valley Title Company. With the expansion, TitleOne now has 15 total offices and more than 200 employees in 14 Idaho counties.
Read More

Dimont partnering with OrangeGrid

Dimont’s hazard insurance will be available in OrangeGrid
Dimont, a provider of hazard claims insurance processing services to the residential and commercial mortgage industries, announced a partnership with OrangeGrid. Under the terms of the agreement, Dimont’s hazard insurance and claims processing capabilities will be available through OrangeGrid’s technology suite.
Read More

Judge rules against RBC in mortgage lawsuit

Thornburg Mortgage entited $45 milllion
A district judge awarded the court-appointed trustee overseeing the liquidation of Thornburg Mortgage $45 million in his crisis-era lawsuit against Royal Bank of Canada since the bank undervalued the seized mortgage-backed securities it sold.
Read More

Founder of Manhattan Mortgage opens MC Home Loans

Melissa Cohn starts new New York City-based lender
Industry veteran Melissa Cohn, who founded and ran Manhattan Mortgage Company for nearly 30 years then left to serve as the president of GuardHill Financial, is opening a new mortgage company based in New York City.
Read More

Penthouse owned by ‘Psychic Hotline King’ is NYC’s 2nd most expensive rental

The man who brought us Miss Cleo commands $100K a month in rent
The man who was once called the “Psychic Hotline King," and the man that brought “Miss Cleo” into everyone’s TV throughout the 1990’s with their omnipresent infomercials, is also now the landlord commanding the second highest rent in all of New York City. Yes, you read all of that right.
Read More

Velocify announces partnership with Ellie Mae

Velocify’s solutions now available in Encompass
Velocify, a sales acceleration platform, announced that its solutions are now available through Ellie Mae’s all-in-one mortgage management solution, Encompass. According to a release from Velocify, the “seamless” integration allows lenders to order Velocify’s solutions directly through Encompass to drive quality and efficiency in the loan origination process.
Read More