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Author Archives: Eric C. Peck

Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com.

Q2 Mortgage App Fraud Slips

CoreLogic reports second quarter fraud risk is down from the previous quarter, and Q2 2021; however, an analysis of monthly data shows this trend is reversing, and fraud risk is anticipated to increase in the coming months.

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FHFA and Ginnie Mae Update Seller/Servicer Requirements

New updated minimum financial eligibility requirements for GSE seller/servicers and Ginnie Mae issuers will ensure that the nation’s housing finance system remains safe and sound, and that sustainable mortgage credit remains available for all qualified borrowers.

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Have Forbearances ‘Reached a Floor?’

The number of homeowners in forbearance plans has dropped by 35,000 month-over-month, however the number of those entering and exiting Fannie Mae, Freddie Mac, and Ginnie Mae loans is nearly equal for these loan types.

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SFR Market Grows in the First Half of 2022

Reporting a 13.4% year-over-year increase, a new study detailing the nation’s single-family rental market has found the industrial Midwest region driving market activity, with low rental prices and a rise in listings.

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Unexplored Territory

The past 24-plus months have confronted the mortgage and servicing industries with challenges both daunting and immediate. DS News polled a cross-section of industry experts on what they’ve learned and where we go from here.

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