Category Archives: PEMCO News
Is Housing Counseling as Effective as it Should Be?
Photo Credit: A&M-Commerce Limited Data Strengthens Debates on Both Sides Housing counseling has been a hotly debated topic for a while because hard data is limited on its effectiveness. A growing number of studies support the counseling’s effect on boosting loan performance. Advocates of housing counseling also maintain that borrowers benefit more from neutral […]
Read More →Exclusive Interview with PEMCO Limited’s Director of Business Development
To help celebrate our 30 years of service to the real estate industry, Tamiko Broms, PEMCO Limited’s Director of Business Development agreed to sit down with Housingwire to discuss common issues in the industry as well as some of PEMCO Limited’s best practices. Read the interview below. How important is effective communication in our […]
Read More →Thirty and Thriving: The Vision for Our Next Thirty Years
Just Remember, Once You’re Over The Hill You Begin To Pick Up Speed. -Charles Schulz PEMCO Limited proudly celebrates 30 years of delivering innovative and superior industry services to our wide range of clients. John Yamamoto founded PEMCO Limited with an entrepreneurial spirit and a warm and captivating managerial style which attributes to […]
Read More →Are We Headed Back to a Foreclosure Market?
Photo Credit: Mike Licht Old delinquent loans hammer October’s numbers RealtyTrac reported that October foreclosure activity shot up 15 percent from the month before, the largest increase in four years. Nearly 60,000 homes were newly scheduled for auction in October, this increase was far more than the usual seasonal rush to get foreclosures completed before […]
Read More →Will the New Congress Dismantle the CFPB?
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Read More →How Immigration Reform May Affect Mortgage Lenders
Photo Credit: Greg Westfall Uprighting the housing market President Obama’s immigration reform executive action is a hot topic and continues to stir emotions on both sides of the issue. Could granting 5 million immigrants temporary relief from deportation also give relief to the mortgage industry? Specifically, mortgage lender relief would be in the form of […]
Read More →Google’s $50 Million Dive Into Forecasting Housing Market
Photo Credit: Garry Knight Accuracy close and comes in a month earlier than NAR Housing reports are not known for their timeliness as the indicators and indices can be based on data that is weeks or even months old. Online real estate marketplace Auction.com is looking to change this. Google Capital, an equity fund, announced […]
Read More →The Next Generation of Mortgage Originator Must Prepare for Millennials
Photo Credit:Andrea Nigels Survival of the digital fittest The effects of the financial crisis on housing have been covered; but little is known about it as affected the mortgage origination side. When business was booming, many young people jumped into mortgage lending; including those who saw past the ‘easy money’ aspect of it and truly […]
Read More →Adjustable Mortgage Rates May Be Better for the Economy
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Read More →Credit Access Gets Boost with CFPB Change
Photo Credit: Sarah Stewart Tweak to Rules to last almost seven years Minor changes to mortgage rules were recently finalized by the Consumer Financial Protection Bureau (CFPB) to help expand credit boxes. The changes were proposed in April 2014 and includes adjustments which would allow some non-profits to provide mortgage credit and servicing to underserved […]
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