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TransUnion has introduced a novel portfolio management tool, aimed at aiding lenders in evaluating the potential risks of a portfolio, taking into consideration the property’s value.
The prominent reverse mortgage provider in Canada, HomeEquity Bank, has employed a well-known ex-national news presenter for its latest promotional content.
The reverse mortgage division of University Bank has recently expanded its team by incorporating four new members. The fresh additions to the department include a regional manager, some loan officers, and an account executive.
Kari Downes, who currently holds the position of Executive Vice President at Enterprise Housing Credit Investments, is set to take over as president from Scott Hoekman, effective from the first of April.
Pennymac has decided to abandon its proposed expansion in North Carolina, which would have added over 300 jobs, as a result of extended periods of high interest rates.
Developing a strategy for a portfolio doesn’t need to be arduous; it merely requires some thoughtful consideration and time. Let me share how I’m broadening my portfolio this year.
The granting of the award emerged from a contentious arbitration conflict involving three former Guild staff members. They were alleged to have engaged in unfair recruitment practices when they made the move to CrossCountry.
NAR, along with Keller Williams and HomeServices, sought legal judgement and a retrial in the lawsuit involving Sitzer/Burnett.
The process of underwriting a borrower is largely dominated by income underwriting, accounting for approximately 80% of the overall effort and intricacy required. The analysis instrument named “AutomatIQ Borrower Income” has been created to apply to a broad range of borrowers.
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