Items Tagged with 'Mortgage'


Sindeo joins REach Real Estate accelerator class of 2016

NAR program provides education, mentorship and market exposure
“Sindeo is modernizing the mortgage experience, making it simpler and more transparent for consumers and the Realtors they work with,” said Dale Stinton, president of Second Century Ventures, and CEO of the National Association of Realtors.
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FNC: Home prices slightly increase

Home prices up in 16 major metros
The spring housing market appears to be off to a good start as U.S. home prices continue to climb after dropping unexpectedly in January. According to FNC’s housing economist, psychologically and economically, people prefer to buy homes when prices are rising than when they are falling.
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Obtaining a mortgage gets a little easier

Lenders begin taking slightly more risks
The market remains tight as lenders fear taking too many risks. Although it got slightly easier to take out a loan at the end of 2015, the mortgage market still has a ways to go, according to The Housing Finance Policy Center’s latest credit availability index.
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Altisource adds two senior executives in origination solutions

Will manage and oversee sales
Altisource Portfolio Solutions recently announced that it hired two mortgage industry executives, Michael Kuentz and Justin Vedder, who will take on the positions of vice president of national sales for Lenders One and vice president of national sales for AltiSource Orginiation Solutions, respectively.
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Bank of America Merrill Lynch pulls mortgages, servicing from PHH

PHH retracts previously disclosed earnings guidance
Bank of America Merrill Lynch pulled out some of its mortgages from PHH and left no promises about its remaining business. These losses, coupled with the complete loss of servicing from Merrill Lynch, is yet another hit on PHH's weakening dam. BofA says it's simply taking the mortgages in-house. Here's the whole story.
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Elderly couple declines Augusta National's 7-figure home offer

The simple three-bedroom house was built in 1959
Over the years, the Augusta National Golf Club spent more than $40 million to purchase homes to create free parking for the crowds who gather for the Masters once a year. The Masters tournament keeps expanding, but the parking lot does not. And that's down to one, elderly and utterly unsympathetic couple.
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