Dominion Due Diligence Group hired Jenn Krieher as housing preservation manager

Dominion Due Diligence Group hired Jenn Krieher as housing preservation manager. In her new role, she will provide technical assistance for Rental Assistance Demonstration and Special Applications Center Section 18 programs as well as overseeing portfolio-wide reviews for the firm’s public housing authority clients.

Adopting HECMs as a “generational lending” strategy

You help a first-time homebuyer get into that starter house. Then, you help them refinance, and maybe later they turn to you for a HELOC. But then what? Is that it? It shouldn’t be, according to reverse mortgage software provider ReverseVision. There’s one loan left and it may be the last loan a client gets.

CoreLogic’s AutomatIQ Borrower streamlines mortgage workflows

CoreLogic recently announced it launched phase one of AutomatIQ Borrower, which is the first offering from the new AutomatIQ Suite of Digital Mortgage Solutions. The new underwriting solution is designed to help lenders streamline their current mortgage workflows and increase underwriter productivity and loan quality.

HECM mortgage-backed securities data reveals low flow and lots of payoffs

The latest data on HECM mortgage-backed securities sheds light on issues plaguing the struggling reverse mortgage industry. A report by New View Advisors reveals a massive, record-breaking wave of payoffs and assignments to HUD. Coupled with low origination volume, this could mean HMBS float will continue to decline, raising liquidity concerns for investors.

Deasy Penner to buy out Podley Properties

Luxury real estate brokerage Deasy Penner will acquire Podley Properties to expand its presence in Southern California. The deal will create a sales force 300 strong spanning Southern California with an estimated annual sales volume of roughly $1.6 billion.

Brokers Livestream Florence’s Mayhem

Real estate professionals in areas affected by the storm are trying to keep their communities informed of conditions in the aftermath.

Labor Shortages Push New Construction Costs Higher

Builders are being forced to raise home prices and are having a more difficult time meeting project deadlines.

6 Types of Mortgage Fraud Are Becoming More Prevalent

About one out of every 109 mortgage applications has been found to contain false or misleading information, according to real estate data firm CoreLogic.

Google to Discontinue Inbox App by March

Users have six months to switch either to the Gmail app or another email client.

How Every State Capital Ranks on Livability

Capital cities tend to have the strongest economies in their respective states, as well as a rich history and broader cultural offerings, according to a new study.