Neel joins Solutionstar from McCarthy and Holthus, LLP, where he was director of corporate strategy. Earlier in his career, he served as senior managing director and division president for more than a decade at Lender Processing Services, where he oversaw several different business units.
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency’s (FHFA) announcement to keep the 2015 maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac at $417,000 on one-unit properties in most areas and a cap of $625,500 in high-cost areas.
I got a note from Joni Mitchell yesterday. Well, not just me. Everyone who got her new boxed set got the note. The note takes responsibility for some of the tracks on the CD not matching the order of the...
A provision in the Transportation, Housing and Urban Development and Related Agencies Appropriations Act for Fiscal Year 2015 could cost mortgage lenders more money than necessary. At least that is what the Mortgage Bankers Association argues in this letter.
In what the parties are calling an “initial transaction,” Fannie announced that it will sell 44 foreclosed properties to the Detroit Land Bank Authority “for a nominal fee,” and contribute funds for the demolition of some of the properties.
CINCINNATI (Legal Newsline) – A federal appeals court has ruled that circumstantial evidence is insufficient to support "piercing the corporate veil" in a class action lawsuit against real estate companies. The three-judge panel stated that, after its own independent review of the record, it...
Tackling the issue of patent trolls for the first time, the Federal Trade Commission charged MPHJ Technology Investments, LLC and its law firm Farney Daniels with making deceptive claims and fake legal threats accusing small businesses of patent infringement.
The mortgage delinquency rate declined in October to a seven-year low, according to Black Knight Financial Services’ “First Look” at the October mortgage data. October also saw a rise in prepayments for the first time since July, which Black Knight said is “historically a good indicator of refinance activity.”
Silicon Valley is no stranger to parody, given the startup culture's rapid creation of buzzwords and unusual job titles. The Silicon Vally job title generator Tumblr is a solid example of how many are fed up with the high-vocabulary, low-meaning nature of some of the industry's cushier jobs.
As part of its continuing growth as the nation’s premier real estate technology company, Solutionstar Holdings LLC, an indirect wholly-owned subsidiary of Nationstar Mortgage Holdings Inc. (NYSE: NSM) (“Nationstar”), today announced that it has entered into a definitive agreement to acquire Experience 1, Inc., the holding company for Title365 and technology subsidiaries X1 Labs and X1 Xpress (collectively, “Title365”).
The DPR team is heartbroken to share the news that our colleague and dear friend, Beverly Faull passed away earlier this week after a brave battle with non-Hodgkin’s lymphoma. An accomplished real estate industry veteran, Beverly became a member of the Down Payment Resource team in 2009 and recently celebrated her fifth anniversary with the company.
One of the most notorious names from the mortgage crisis is back. Goldman Sachs, which was at the forefront of the toxic mortgage crisis that nearly crippled the U.S. economy, is preparing to launch its first post-crisis prime jumbo residential mortgage-backed securitization.
To the disappointment of net neutrality advocates, it looks like the Federal Communications Commission will put off a decision on net neutrality until at least next year. The agency's tentative agenda for its Dec. 11 meeting, released this afternoon, doesn't include a vote on open Internet rules.