Thoughts On Glass-Steagall, Once Again

Author:  //  Category: Mortgage

… exotic sub-prime mortgages with toxic features. About 10 investment banks packaged mortgages made … . Hence, the creation of the sub-prime mortgage, Alt-A mortgages, and so on. Furthermore … institutions could do was grant mortgage loans and collect savings deposits …

Originally posted here:
Thoughts On Glass-Steagall, Once Again

Share/Save/Bookmark

20-Point Increase Expected in Credit Scores

Author:  //  Category: Mortgage

A change in the way some public records are included in consumer credit files is likely to increase scores without any meaningful change in consumer behavior.

The National Consumer Assistance Plan takes effect on July 1. The plan requires Equifax, Experian and TransUnion to reduce the amount of tax lien data they report.

In addition, 96 percent of civil judgment public record data will no longer be included in the consumer credit file reports from the trio of credit reporting agencies.


Excerpt from:
20-Point Increase Expected in Credit Scores

Share/Save/Bookmark

SpendHQ joins Ardent Partners in their latest Spend Analysis Research report

Author:  //  Category: Mortgage

For CPOs, building a Foundation for Excellence Starts with Spend Visibility

ATLANTA, GEORGIA, USA, April 26, 2017 /EINPresswire.com/ — Within the world of procurement, it has never been more important for procurement teams to harness the power …

Read the original post:
SpendHQ joins Ardent Partners in their latest Spend Analysis Research report

Share/Save/Bookmark

Big Drop in HomeStreet Mortgage Originations

Author:  //  Category: Mortgage

HomeStreet Inc.’s quarter-over-quarter decline in residential lending was at the high end of the industry. Mortgage servicing, however, grew.

The Seattle-based financial institution earned $13 million before income taxes during the first-three months of this year, better than $10 million a year earlier.

Those metrics, as well as other operational and financial data, were revealed in HomeStreet’s earnings report for the first-quarter 2017.


Excerpt from:
Big Drop in HomeStreet Mortgage Originations

Share/Save/Bookmark

Refinances Drive Up Mortgage Applications

Author:  //  Category: Mortgage

A week-over-week, rate-driven surge was recorded for mortgage refinance applications, more than offsetting a decline in applications for loans to finance a home purchase.

The Market Composite Index for the week that ended on April 21 escalated a seasonally adjusted nearly 3 percent from the previous seven-day period.

Foregoing seasonal adjustments, the index — a measure of retail residential loan application volume — was still up a solid 3 percent from the last report.


See the original post:
Refinances Drive Up Mortgage Applications

Share/Save/Bookmark

Ocwen Challenging CFPB Constitutionality

Author:  //  Category: Mortgage

A day after filing emergency motions to stop two states’ cease-and-desist orders, Ocwen Financial Corp. is turning to the Constitution to defend itself in a federal regulator’s lawsuit.

On Tuesday, Ocwen disclosed it filed two emergency motions requesting immediate court action restraining cease-and-desist orders brought by Illinois and Massachusetts regulators.

The filings were in response to a barrage of state and federal regulatory actions last week against the Atlanta-based firm including state enforcement orders and two lawsuits.


More here:
Ocwen Challenging CFPB Constitutionality

Share/Save/Bookmark

Affordable Electricity in Africa is Critical to Education and a ladder out of Poverty.

Author:  //  Category: Mortgage

SolarBotanic and Brunel University London have Developed a hybrid energy harvesting system that will facilitate electricity and education in remote areas.

LONDON, LONDON, UNITED KINGDOM, April 26, 2017 /EINPresswire.com/ — SolarBotanic, www. …

Here is the original post:
Affordable Electricity in Africa is Critical to Education and a ladder out of Poverty.

Share/Save/Bookmark

Haven Life Wins “Best Insurtech Solution” Fintech Breakthrough Award

Author:  //  Category: Mortgage

Life Insurance Startup Selected for Revolutionizing the Traditional Buying Experience

NEW YORK, NY, USA, April 26, 2017 /EINPresswire.com/ — Life insurance innovator, Haven Life today announced that it has been chosen as the “Best Insurtech …

Haven Life Wins “Best Insurtech Solution” Fintech Breakthrough Award

Share/Save/Bookmark

TurbineAero, Inc. Announces Exclusive MRO Service Agreement with Donghai Airlines.

Author:  //  Category: Mortgage

CHONBURI, THAILAND, April 26, 2017 /EINPresswire.com/ — TurbineAero is pleased to announce the signing of an exclusive business agreement for Auxiliary Power Units (APU) Maintenance, Repair and Overhaul (MRO) services with Donghai Airlines in …

More here:
TurbineAero, Inc. Announces Exclusive MRO Service Agreement with Donghai Airlines.

Share/Save/Bookmark

TurbineAero, Inc. Announces Adam Gallo, Chief Financial Officer.

Author:  //  Category: Mortgage

CHANDLER, ARIZONA, UNITED STATES, April 26, 2017 /EINPresswire.com/ — Chandler, AZ— 4/26/2017 — TurbineAero is pleased to announce and welcome Adam Gallo as its Chief Financial Officer. Adam will lead all global aspects of Finance, IT …

Source:
TurbineAero, Inc. Announces Adam Gallo, Chief Financial Officer.

Share/Save/Bookmark