Xactus, a Pennsylvania-based mortgage technology firm that specializes in borrower verifications, announced Tuesday that it has hired Joseph Peterson as chief financial officer.Peterson will be responsible for the company’s overall financial operations. He will manage the strategic direction of the

The Mortgage Bankers Association (MBA) this week submitted a letter to congressional leaders in the U.S. House of Representatives and U.S. Senate, urging them to endorse full funding for Ginnie Mae in order to ensure maximum liquidity for the government-backed corporation’s mortgage-backed securitie

Baby boomers and members of Generation X are staying in their homes for longer, which may be due to the high level of emotional attachment they have in their homes.This is according to a new report from Opendoor, which describes emotional attachment to the home as “an oft-ignored consideration in re

A report released Tuesday by the Consumer Federation of America (CFA) found that the California Association of Realtors’ (CAR) buyer representation and broker compensation agreement is “virtually unreadable.” The release notes that the CFA sent this analysis to the Department of Justice (DOJ) two we