MERS, NYSE owner Intercontinental Exchange increases mortgage presence by buying Simplifile
Intercontinental Exchange, the parent company of the New York Stock Exchange, moved into mortgages in a big way last year when the company bought MERS, which operates a national electronic registry that tracks the changes in servicing rights and beneficial ownership interests in U.S.-based mortgages.
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Citizens Bank unveils digital home buying and mortgage experience
Citizens Bank, which became one of the country's largest mortgage companies when it acquired Franklin American Mortgage last year, is now diving headfirst into the digital mortgage revolution.
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Mortgage rates are dropping - so why aren't more people buying homes?
Lower interest rates offer real savings, but that may not be compelling enough to would-be home buyers.
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Ohio Bill Would Create Credit Protection Type Laws for Land Contracts
Ohio lawmakers recently have proposed House Bill 103, which would change land contract laws in that state. Patterned after consumer protection laws, House Bill 103 would severely limit the interest rate on land sale contracts and implement safeguards for buyers.
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Vinegar Syndrome Is Eating Away Cook County (IL) History
Potentially millions of records on microfilm have what's called vinegar syndrome. That happens when acetate film, like in old movie reels or government microfilm, is stored in hot, humid rooms. It gives off a pungent odor.
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Quicken Loans settles with Federal Housing Authority in fraudulent lending case
The Justice Department on Friday dismissed a lawsuit against Quicken Loans, after the company agreed to a $32.5 million settlement with the United States government.
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US State of Nevada Passes Flurry of Blockchain Bills
Nevada passed regulatory sandbox legislation aimed at continuing blockchain investment and entrepreneurism in the state. Governor Steve Sisolak signed the "blockchain bills" on June 7 and 13.
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Could Detroit become Mortgage City? It now boasts 2 top lenders
Metro Detroit may be a long way from the financial canyons of Wall Street, but the Motor City does appear to be growing past New York's financial powerhouses in at least one category - mortgage lending.
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Colorado startup is hoping to change the real estate market by leveling the playing field for all
The idea is to provide the cash for the home up front to give the buyer leverage over the competition. BoardRE will supply the money to buy the home to pre-approved buyers and work with them to determine which houses they can afford.
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