The Obama administration may want to think twice before moving ahead with reported plans to replace Edward DeMarco, the Federal Housing Finance Agency’s acting director, says a long time industry observer.
ES Appraisal Services, Jacksonville, FL, has closed its doors, the second national appraisal management company to have gone bust in the past year. It also uses the trade name eValuation Solutions LLC.
Happy New Year? It is if you’re a mortgage attorney charging billable hours to lenders that are trying to make sense of an array of pending rules coming out of the Consumer Financial Protection Bureau and other agencies.
Carrington Holding Co., which has a growing presence in residential finance, has hired Wall Street veteran Christopher Whalen as Executive Vice President in charge of its investment banking operation.
Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.
The 10-year Treasury rate is declining and the possibility of a recession is growing.
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