The MBA reports nationwide forbearance volume has reached levels not seen since March 2020, attributed to a strong jobs market and the array of loss mitigation options introduced since that time.
Read More »OCC Measures Key Risks Impacting the Banking System
After closely monitoring the condition of the institutions it supervises throughout the market stress this spring, a new report from the OCC examines how financial institutions have managed risk and restored confidence in the banking system in Q1.
Read More »Cenlar Names David C. Schneider EVP and CFO
Cenlar places 35-plus year veteran in role to handle all financial planning, treasury activities, taxes, insurance, real estate and property management, and vendor relationships.
Read More »Gauging the Reach of Federal Homeowner Assistance
Five Star’s Legal League has published a white paper detailing how the government’s Homeowner Assistance Fund has provided relief and loss mitigation options for homeowners nationwide during the pandemic.
Read More »The Week Ahead: What’s in Store for Housing?
An upcoming webinar will forecast housing values over the next year, given the current market environment, as well as discussing loss mitigation decisioning.
Read More »When a Servicer Can Take Possession of a Property
Attorney Joseph T. McCormick details a recent Ninth Circuit opinion on when a servicer can take possession of a property under the Oregon Unlawful Trade Practices Act.
Read More »Measuring the Success of Borrower Assistance Programs
A new report from Fitch Ratings found that delinquencies remained flat to close out Q4 2022, with successful workout strategies helping more homeowners retain their homes and avoid foreclosure.
Read More »Cenlar Adds Thomas Donatacci as SVP and Investor Relations Officer
Former EVP of Business Development for The Money Source joins mortgage loan subservicer to strengthen relationships with Cenlar’s agency investors, shareholders, clients, and rating agencies.
Read More »Western, Upscale Markets Bearing Brunt of Market Slowdown
Oregon, Washington State, and higher-priced areas of the country are absorbing a larger share of recent market declines based on data from Q1 2023, while other lower-priced areas show less impact from the recent downturn.
Read More »Navigating the Mortgage Market in 2023
The Five Star Institute, in partnership with SWBC, recently presented a webinar discussing a number of factors facing the U.S. economy and the current mortgage marketplace, and what’s in store for the industry for the remainder of 2023.
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