A bipartisan measure introduced will expand affordable homeownership opportunities and revitalize communities through the construction, renovation, and sale of 500,000 homes nationwide.
Read More »Federal Agencies Issue Guidance on Third-Party Risk Management
inal guidance from the Federal Reserve, FDIC, and OCC outlines principles and considerations for banking organizations’ risk management of third-party relationships.
Read More »The Week Ahead: REO Specialists Zero in on Squatters
In an upcoming webinar geared toward the REO market, a panel of experts will discuss the risks associated with squatters, and how to take the appropriate measures in addressing the problems they cause.
Read More »Ginnie Mae’s MBS Portfolio Hits $2.4T in May
May’s mortgage-backed securities issuance supports the financing of more than 113,000 U.S. households, including more than 55,000 first-time homebuyers.
Read More »Fannie Mae Appoints Chetlur S. Ragavan to Its Board
Bringing decades of risk management and financial services experience to the role, the Risk Response, LLC Founder and Principal joins the GSE as the newest member of its Board of Directors.
Read More »More Than 30% of Distressed Property Buyers Anticipate Price Declines
Auction.com has found that nearly one-third of distressed buyers surveyed expect home prices to decline in their local housing market in 2023, nearly double the 17% who expected home prices to decline in 2022.
Read More »Cenlar Promotes Two Wholesale Bank Execs
Mortgage loan subservicer promotes Keith Austin to the role of Director of Asset Management and Valuation Services, and Tristan Watson as new Director of Subservicing Pricing.
Read More »HUD Focuses on Healthy Homes in June
The Department kicks off the month of June by focusing its attention on the importance of creating and maintaining a healthy home by addressing home-based hazards, including reducing moisture and mold, and maintaining indoor air quality.
Read More »The Week Ahead: Small Business Lenders & Dodd-Frank’s Section 1071
An upcoming Five Star Institute Webinar will feature a trio of experts discussing the impact of Section 1071 of the Dodd-Frank Act, a rule requiring financial institutions to collect and report data on small business loans.
Read More »Upcoming Hurricane Season May Threaten an Estimated 33 Million U.S. Homes
A new report from CoreLogic has found that climate change is expected to alter hurricane activity this year, placing $11.6 trillion total reconstruction cost value at risk of hurricane-force wind damage across U.S. coastal counties.
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