Articles by Alcynna Lloyd

DocuSign announces new digital solution

Rooms for Mortgage will be available for beta testing later this month
DocuSign recently announced plans to enter its latest solution, Rooms for Mortgage, into beta testing later this month. DocuSign Global Real Estate Solutions General Manager Georg Gerstenfeld said Rooms for Mortgage is a major step forward for the digital mortgage.
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Homebuilder confidence increases slightly in October

Declining material costs and strong economy contribute to gain
Homebuilder confidence rose one point to 68 in October, according to the National Association of Home Builders/Wells Fargo Housing Market Index. "Builders are motivated by solid housing demand, fueled by a growing economy and a generational low for unemployment," NAHB Chairman Randy Noel said.
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Mortgage debt or student loans, what's weighing you down?

Pittsburgh tops the list of cities where people owe more for their education than their homes
Mortgage debt is traditionally the largest debt Americans hold, but student loans are steadily climbing higher on the list. A recent study by LendingTree seeks to uncover how mortgage debt stacks up against student loan debt, listing the cities where homeowners say the money they owe for their education exceeds the balance on their mortgage.
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Genworth launches Home Suite Home

Program helps borrowers navigate the unexpected costs of homeownership
Genworth Mortgage Insurance, recently announced the launch of new home suite designed to preserve borrowers’ financial stability when facing unexpected homeownership costs. Genworth Senior Vice President of Customer Solutions Kevin McMahon said it is critical to not only help borrowers become homeowners, but to help them stay in their homes.
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ReverseVision launches first-ever HECM borrower satisfaction benchmark

Partners with STRATMOR Group to offer lenders insights based on customer feedback
ReverseVision and STRATMOR Group just unveiled the MortgageSAT program, which surveys HECM borrowers on all aspects of their origination experience to provide lenders with deeper insights into ways they can improve the loan process. The program aims to help lenders better understand how they can elevate their services.
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Trulia: Home price cuts reach 4-year high

In August 17.2% of U.S. listings had a price cut, up from 16.7% the previous year
The latest data from Trulia reveals that U.S. listings with a price cut increased to the highest level since 2014. Trulia Housing Economist Felipe Chacon said buyers should be encouraged by the signals in the market, however not every buyer will benefit equally.
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JPMorgan Chase earnings increase, but reveal slowdown in mortgage sector

Earnings down slightly from Q2 but much higher than 2017
In the third quarter of 2018, JPMorgan Chase saw a decrease in its earnings from the previous quarter, but still managed to increase from the previous year despite a lackluster mortgage banking sector. JPMorgan Chairman and CEO Jamie Dimon said increasing economic and geopolitical uncertainties could have negative effects on the economy's future.
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