Mortgage delinquencies hit a 23-month high as 2017 wrapped up, surging by 164,000 year-over-year, according to the latest Mortgage Monitor Report from the Data and Analytics Division of Black Knight, Inc. However, that figure only tells part of the story. ...
Read More »First American Acquires Bank of America’s Lien Release Business
First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced the completion of its acquisition of Bank of America’s lien release business. Bank of America’s lien release business ...
Read More »USRES Integrates with LendingQB to Enhance Mortgage Industry Presence
US Real Estate Services, Inc. (USRES), a provider of REO Asset Management, Default Ancillary Services, and Valuation Solutions nationwide announced it is now integrated to LendingQB’s cloud-based loan origination solution (LOS) to further expand its reach and enhance the customer ...
Read More »CoreLogic to Redistribute GSE Credit Risk Transfer Data
CoreLogic, a leading global property information, analytics, and data-enabled solutions provider, announced it is redistributing credit risk transfer (CRT) loan-level data from Fannie Mae and Freddie Mac. The CRT redistribution will include Fannie Mae’s Connecticut Avenue Securities (CAS) data and Freddie Mac’s Structured Agency ...
Read More »The Week Ahead: Breaking Down Housing Trends
On Monday, Arch MI, a leading mortgage insurance provider, is hosting an exclusive complimentary webinar featuring insights from Ralph DeFranco, Arch Capital's Global Chief Economist. DeFranco writes the quarterly Housing and Mortgage Market Review (HaMMR) for Arch MI, and during ...
Read More »Single-Family Rental Lease Expirations and Vacancy Rates Improving
Both lease expirations and vacancy rates among single-family rental securitizations showed continued improvement in December 2017, according to the latest data from Morningstar Credit Ratings, LLC. According to Morningstar, single-borrower, single-family rental lease expirations declined for the second consecutive month, dropping ...
Read More »Florida Ends Housing Aid Program With $88 Million Unspent
On Wednesday, the state of Florida ended three programs designed to distribute federal housing aid funds, all under the banner of the Florida Hardest-Hit Fund (HHF). While that in itself would be noteworthy, the decision to end the programs is ...
Read More »The Industry Pulse: Updates on Aspen Grove Solutions, Indisoft, and More …
Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries. Maryland-based property technology solutions provider, Aspen Grove Solutions, has announced the appointment of industry veteran Mike Jurkovic as VP, Business ...
Read More »HUD Announces $1.5 Billion in Aid to Puerto Rico
The Department of Housing and Urban Development announced Thursday that it was awarding more than $1.5 billion in aid to help Puerto Rico recover from the damages wrought by Hurricanes Irma and Maria last year. HUD Deputy Secretary Pamela Hughes ...
Read More »Credit Where Credit is Due
The Federal Housing Finance Agency recently released a Request for Input seeking feedback about the possibility of changing the credit scores the GSEs requires lenders to use to evaluate borrowers. According to the FHFA’s press release, “The Enterprises currently use ...
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