A new report reveals that this New England area has become a targeted destination for investors and those seeking second homes. Read on to find out these growing markets, and what destinations to look out for in 2024.
Read More »Danya Sawyer Steps Down as Altisource Asset Management Interim CEO
Interim CEO and COO of Altisource’s Alternative Lending Group announces resignation as the company opens search for successor.
Read More »Cenlar’s Enterprise Portfolio Management Office Adds Three New Directors
The mortgage subservicer fortifies its Enterprise Portfolio Management Office with the addition of three new Directors, all responsible for driving and implementing strategic programs within the company.
Read More »HUD Outlines Top Challenges for the Year Ahead
In a new report, HUD’s Office of Inspector General outlines the most serious management and performance issues facing the Department in fiscal year 2024.
Read More »Ginnie Mae Revises Its Definition of High Balance Loans
In order to more closely align with the FHFA’s hike in conforming loan limits for 2024, Ginnie Mae has revised its definition of High Balance Loans for single-family forward mortgage loans nationwide.
Read More »CFPB Fines Bank of America Over HMDA Violations
The Bureau has ordered the bank to pay $12 million into the CFPB’s victims relief fund for falsifying forms about mortgage applicants and reporting incorrect information to federal regulators.
Read More »FHA to Enhance Its 203(k) Rehab Program
Proposed changes to the 203(k) Rehabilitation Mortgage Insurance Program have been drafted to expand FHA-insured mortgage financing for the purchase or refinance of single-family homes in need of repair or rehabilitation.
Read More »FHFA Bumps Up 2024 Conforming Loan Limits
The FHFA has announced the conforming loan limit values for mortgages that Fannie Mae and Freddie Mac will acquire in 2024, in adherence to the Housing and Economic Recovery Act, which requires periodic adjustments to reflect changes in average U.S. home prices.
Read More »Cenlar Appoints Two New Execs
The addition of Jay Hackney as new VP of Transfer Ops and the promotion of Allyson Kiesel to VP of Issues and Enterprise Change Management are the latest moves to bolster the executive team of the mortgage subservicer.
Read More »Clearing the Path to Affordable Housing
An upcoming installment of the Five Star Webinar Series, in partnership with Xome, will examine the options available to homebuyers seeking affordable housing options and highlight solutions designed to expand homeownership opportunities.
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