Sagent, a fintech company modernizing mortgage and consumer loan servicing for American banks and lenders, last week appointed veteran technology leader Uday Devalla as Chief Technology Officer (CTO). The move accelerates Sagent’s vision to improve loan servicing engagement and consumer ...
Read More »Sagent Appoints Uday Devalla CTO
Sagent, a fintech company modernizing mortgage and consumer loan servicing for American banks and lenders, last week appointed veteran technology leader Uday Devalla as Chief Technology Officer (CTO). The move accelerates Sagent’s vision to improve loan servicing engagement and consumer ...
Read More »Responsibly Addressing Forbearance Costs
"Policymakers Should Maintain Forbearance but Fix Its Costs." That is the title of a new brief published by the Urban Institute’s Housing Finance Policy Center. Research associates Michael Neal, Linna Zhu, and Faith Schwartz explain that mortgage performance following Hurricane ...
Read More »Policies That Could Combat the Affordable Housing Crisis
Several housing advocates recommend policies that could make a difference when it comes to the issue of "housing underproduction," on which the Up For Growth organization published an extensive study. Said investigation showed "nearly every corner of the country bears ...
Read More »Headed for a ‘Foreclosure Surge’
A panel of real estate experts forecast what they anticipate for the final months of 2020, including a "substantial increase in foreclosures, short sales, and bank-owned properties." Here's what else they have to say.
Read More »The Week Ahead: The First Presidential Debate
Two presidential candidates will debate issues including the economy, COVID-19, and each candidates' records to date. As one economist puts it, "The outcome of the election could have a profound impact on the housing market."
Read More »DS5: Residential Real Estate Investment Landscape Insights
In this week's episode of DS5: Inside the Industry, the show is joined by William Tessar, President of Civic Financial Services, whose insight is backed by more than 30 years of retail mortgage experience. Before joining Civic in 2017, he ...
Read More »FHFA Releases Latest Mortgage Relief Numbers
The Federal Housing Finance Agency (FHFA) Thursday released its Q2 Foreclosure Prevention and Refinance Report. The report shows Fannie Mae and Freddie Mac, since the 2008 start of conservatorship, completed 252,014 foreclosure prevention actions. Overall, that brings the number of ...
Read More »Waters Requests Review of Disparate Impact Rule
Following HUD's announcement of the Department’s final rule on the disparate impact standard under the Fair Housing Act, House Financial Services Committee Chairwoman Maxine Waters (D-California) has called on President Trump and HUD Secretary Dr. Benjamin Carson to reconsider. Suggesting ...
Read More »Study: Minority Rental Investors More Likely to Struggle
Several reports have identified the needs of renters amid a nationwide pandemic. Now information is beginning to emerge related to its impact on investors. In fact, a new Urban Institute report by Research Fellows Laurie Goodman and Jung Hyun Choi ...
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