A new Redfin study has found that more than 40% of buyers of who purchased a vacation home or investment property during the pandemic did so in areas of high flood, storm, and/or heat risk.
Read More »Are Mortgage Servicers in Their “Golden Age?”
An upcoming installment in the Five Star Institute Webinar Series will discuss the current era in mortgage servicing and provide tips on how to navigate this record-breaking time in the servicing space.
Read More »HUD Reaches Settlements Over Fair Housing Act Violations
In two separate cases, HUD has reached agreements in Massachusetts and California with several parties in settling housing discrimination claims.
Read More »House Committee Hosts Panel on Closing the Racial Homeownership Gap
The Federal Reserve estimates that home equity reached a record $27.8 trillion by early 2022, however many Americans were denied this opportunity. A recent House Committee examined why these trends threaten to further increase racial wealth and homeownership gaps.
Read More »Rep. Waters Pushes Further Prevention of Appraisal Discrimination
Chairwoman of the House Financial Services Committee reaches out to PAVE Co-Chairs seeking action plan and timeline implementation of each action.
Read More »Freddie Mac Expands Homeownership Opportunities for Renters
In a move to promote equitable housing for all, the GSE will begin to factor on-time rent payments into underwriting decisions as of July 10.
Read More »Home Price Rise Begins to Slow in April
Although all 20 cities analyzed by S&P CoreLogic Case Shiller in its NSA Index notched double-digit price increases for the 12 months ending in April, home prices slid slightly compared to March’s totals.
Read More »Adapting to an Evolving Regulatory Landscape
The recent Legal League 100 Servicer Summit in Dallas brought together the nation’s top financial services law firms under the same roof as leading mortgage servicing executives to discuss default policies, procedures, and issues with leading mortgage servicing executives.
Read More »Senate Committee Examines the National Flood Insurance Program
A recent Senate Banking Committee hearing discussed the impending expiration of the NFIP, a measure that provides $1.3+ trillion in coverage to nearly five million homes and businesses. What can be done to enhance the Program and ensure it continues to meet homeowners’ needs?
Read More »Patrick Dodd Named CoreLogic President/CEO
Shedding the “interim” title, Patrick Dodd takes over as head of the global property information, analytics, and data-enabled solutions provider, covering the real estate and mortgage finance, insurance, capital markets, and the public sector.
Read More »