Fed: Household debt rises to record $14 trillion

U.S. household debt rose to a record $14 trillion in the third quarter, led by a rise in mortgage loans, the Federal Reserve Bank of New York said on Wednesday. The current household debt level is $1.3 trillion higher than the previous peak that occurred in 2008’s third quarter. Overall

Read more

Mortgage Tech Rundown: Black Knight, Notaroo, and Latch

Black Knight, a provider of integrated software, data and analytics to the mortgage and real estate industries, announced the launch of its Regulatory Assist solution. Regulatory Assist, which integrates directly with the Black Knight Empower loan origination system, as well as other loan origination platforms, is designed to help clients

Read more