Aren't things supposed to be slow in December?
Not if you want to buy a house, apparently. Or at least thinking about it...
Zillow's abundant web pages of homes for sale clearly showed that home prices were on the naughty list last year. But getting the word out apparently landed Zillow on the "nice" list somewhere.
I've been thinking a lot about liquidity lately.
Not just because it's the holidays and, as anyone with a house full of Christian (or agnostic, or atheist) children knows, cash flows out to retailers like floodwaters rushing a city built too close to the Mississippi delta, but also because I've been reading a fair amount of mortgage news of late.
Wow! That was our reaction to the response we received for this year’s HW TECH100 call for nominations. This year, more than 250 companies submitted a nomination, and we’re grateful for the interest in our efforts with this unique program..
In the tech world a “stack” refers to all the elements of something. For the mortgage industry, the idea of the single stack is that one platform (digital, automated and based in the cloud) can either meet all of the functional requirements involved in assembling a mortgage, or can serve as an efficient moderator for the process via open APIs (application programming interface), which are now taking off within the mortgage industry. Read More
Nothing reeks of hypocrisy more than the regulator ignoring regulations, but the CFPB has racked up plenty of violations in the last year. And we’re not talking about small, nitpicky examples, but instances that have real-life consequences. If a lender or servicer were to violate any of these standards, they could expect swift and harsh punishment from the CFPB. Read More