When it comes to wading through a sea of industry jargon, there is no larger ocean to navigate than the default servicing industry, and an upcoming webinar hosted by Legal League will help assist in improving the communication gap between attorneys and servicers.
Read More »CFPB Announces New Advisory Committee Appointments
Bureau appoints 22 new members to represent various districts of the Federal Reserve System, each member a recommendation by a President of a Federal Reserve Bank.
Read More »Congress Extends National Flood Insurance Program
Narrowly avoiding cancelation and a total government shutdown, last-minute bipartisan legislation was passed calling for the continued funding of the NFIP for an additional 45 days, through mid-November.
Read More »Growing Multifamily Supply Contributes to Easing of Nationwide Rental Costs
Nationwide, Redfin found that asking rents rose just 0.4% year-over-year to an average of $2,011 in September, as an increasing supply in recent years has flooded the market with inventory.
Read More »Texans Bearing the Brunt of Increases in Hailstorm Events
According to Verisk, severe hail events occurred 18% more frequently in the first half of 2023 than the prior three years, with eight of the top 10 metro areas reporting the most damage found in the Lone Star State.
Read More »Fannie Mae Announces Sale of Non-Performing Loans
As part of the GSE’s effort to reduce the size of its retained mortgage portfolio, Fannie Mae has sold two pools comprised of 1,500-plus loans totaling more than $235 million in unpaid principal balance.
Read More »Oral Arguments Begin in Constitutionality Case Against the CFPB
The U.S. Supreme Court heard opening arguments challenging the constitutionality of the Bureau’s funding through the Federal Reserve.
Read More »Affordability Surpasses Inventory as Top Housing Industry Concern
NAR polled more than 176,000 executives and senior management officials at real estate firms and found that housing affordability has left fewer buyers able to purchase a home due to the rise in prices and interest rates, as many potential sellers remain in place rather than choosing to sell.
Read More »Sagent Extends Partnership With Click n’ Close
The new five-year extension will enable Click n’ Close to power its entire enterprise mortgage servicing ecosystem with Sagent’s suite of cloud-based platforms.
Read More »Real Estate Investors Find Optimism in Market Opportunities Ahead
In a new poll from RCN Capital, in conjunction with CJ Patrick Company, 72% of the real estate investors surveyed felt that market conditions for investing were better or the same as one year ago.
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