· China is the biggest purchaser of U.S. debt. As its demand for Treasurys declines, interest rates will rise. Any changes China makes as part of its economic reform will affect the U.S. dollar’s value. China has maintained a fixed peg to the dollar for its currency, the yuan.
5 Key Changes Moving into 2018. If you live in a condo NOT APPROVED by HUD but the appraised value is $500k+, we can now help you with a new proprietary reverse mortgage program. If you would like to move and use a reverse mortgage for new home purchase, we can help you buy that new home without taking on a traditional mortgage or having to pay all cash.
Forecast: More Than 8 Million Foreclosures By 2012 In 2019, EIA forecasts that motor gasoline consumption in the United States will be unchanged from its 2018 level at more than 9.3 million b/d. According to the forecast, motor gasoline consumption will increase by 20,000 b/d (0.2%) in 2020, which, if realized, will set a new record at 9.34 million b/d.
The Top 5 Challenges Facing Financial Services in 2018 Against the backdrop of transformative technologies and the latest regulations, Graham Lloyd, Director and Industry Principal of Financial Services at Pegasystems, identifies for Finance Monthly what types of challenges financial services will have to navigate in their journey through 2018.
WDB Funding names Andrew Pollock president and CEO Pollock has over 25 years’ operational and consulting experience in all phases of lending and servicing. More than half of Pollock’s career was spent at First Franklin, where he held several senior positions, including president and CEO. Most recently, he was president and CEO at WDB Funding. JASON ROTH ComplianceEase named the company’s co-Wilbur Ross’s mortgage company faces servicing suits Class Action American Home Mortgage As a general overview, class action lawsuits involve a group of people in some capacity: A collective class, formed together over the issue of a misrepresented product, suing a defendant, or a group of defendants, individual negligent companies, for instance, being sued by a single person.Many housing markets fell apart in 2009: Pro Teck In the fall. 2009, we saw a similar design with the first Android smartphone to hit the US market commercially – the samsung behold ii. That phone was particularly more intriguing for the “cube”.
Blackstone Mortgage, which belongs to the Zacks REIT and Equity Trust industry, posted revenues of $106.48 million for the quarter ended June 2019, surpassing the Zacks Consensus Estimate by 5.18.
Mortgage Industry Changes – What You Need to Know in 2018 The mortgage landscape is changing. As we move forward into a new year, several changes around the industry will affect you and your mortgage business.
The Federal National Mortgage Association (Fannie Mae, created in 1938) and the Federal Home Loan Mortgage Corporation (Freddie Mac, established in 1970) are government-sponsored enterprises (gses) in their eighth year of conservatorship under the FHA. That is an exceedingly long arrangement, by historical standards.
· Why, then, is there hesitation? This article addresses the 5 biggest misunderstandings about outsourcing mortgage loan servicing and what lenders and servicers need to consider and assess before opting to keep the servicing in house. Misunderstanding #1 – Our credit union has the same per-loan cost to service in house as an outsourcing company.
Three industry insiders give their views on this contentious issue. Enza Venuto, Owner/broker, Centum Streetwise Mortgages: "Looking at the mortgage industry through my 45 years of experience, I have seen many changes. If more changes are to come, I would hope to see them appear in the form of.