Are REOs ready for a comeback?

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

Monday Morning Cup of Coffee: When will mortgage lending pick up?

Plus, more on the future of Fannie and Freddie
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Articles by Ben Lane

Optimal Blue promotes Nadia Aziz to chief commercial officer

Previously served as executive vice president
Optimal Blue, a provider of cloud-based enterprise lending services to the mortgage industry, announced the promotion of Nadia Aziz from executive vice president to chief commercial officer. In her new role, Aziz will be responsible for Optimal Blue's key functions of product management, marketing, and sales, and will focus on creating a stronger integration across these areas.
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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.
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Mortgage application defects keep rising

Michigan, Florida, Texas lead First American application defect index
Defects found on mortgage loan applications is on the rise and have been throughout 2015, according to a new report from First American Financial. Which states and markets are the biggest risks of application fraud? Click here to find out.
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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.
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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.
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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.
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Just what is the Fed going to do about interest rates?

BofAML analysts still believe that rate hike is imminent; others call Fed “dithering”
After a week full of market volatility and upheaval, analysts from all sides are questioning what impact, if any, the events of the week are going to have on the Federal Open Markets Committee and the looming threat of rising interest rates. Here's all the consensus, with uniform opinion woefully lacking.
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Homeside Financial appoints Jared Ward senior vice president

Will oversee national talent acquisition and strategic growth
Homeside Financial, a growing privately held mortgage bank, is adding Jared Ward as the company’s senior vice president of national talent acquisition and strategic growth. Ward previously served in similar executive roles for New Penn Financial, Movement Mortgage and Bank of America.
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