According to Black Knight’s August Mortgage Data Report, national delinquency rates barely moved compared to July’s figures; however, delinquency rates in areas impacted by Hurricane Harvey rose 16 percent. Black Knight estimates that 6,700 new delinquencies will be attributed to ...
Read More »Fed Remains Stagnant
The Federal Open Market Committee held its sixth meeting on Wednesday to discuss monetary policy and the potential of an interest rate hike, which is expected to happen at least once before the close of 2017.
Read More »Cyprexx Services Announces New, Innovative Property Entry-Management System
Cyprexx Services, LLC in partnership with Prempoint Inc. plans to launch a new entry management system in Fall 2017, dubbed Lockwise. Lockwise is a new keyless entry management system that allows property access to be granted digitally, syncing with the Prempoint app,
Read More »FHA Loans Could Lead to Portfolio Growth for Servicers
Altisource recently released its inaugural Default Servicing Survey, which pooled over 200 servicing professionals, which showed that industry experts believed that FHA and VA loans in their respective portfolios would increase in the coming year.
Read More »Mr. Cooper Supporting Customers Affected by Harvey and Irma
In the aftermath of a natural disaster, the dream of homeownership is shaken as people face the challenge of rebuilding their homes and their lives. But in the face of hardship, the industry continues to band together in various ways. This story is just one of many.
Read More »The 5 Best Practices for Diversity Success
Cut the ribbon on your company’s diversity and inclusion program with this quintet of actionable and achievable best practices that are easy to implement and even easier to maintain. This feature first appeared in the September issue of DS News, available now.
Read More »REO Update: RES.NET Launches Asset Strategy Tools
RES.NET announced the availability of a new suite of asset strategy tools designed to maximize return on investment through the analysis of each asset.
Read More »Bank of America Predicting Q3 Trading Losses
Bank of America is expecting to report trading revenues down 15 percent when the third quarter of the year ends on September 30, says to the bank’s CFO.
Read More »Mortgage Contracting Services Celebrates 5-Year Anniversary in Ruston, Louisiana
Mortgage Contracting Services, LLC, a national-wide company servicing the mortgage industry is celebrating the five-year anniversary of the company's Ruston, Louisiana, office.
Read More »Despite Predicted Rate Hike, RMBS Outlook Remains Strong
The Kroll Bond Rating Agency released a report predicting the effects on residential mortgage-backed securities in light of the looming Fed rate hike.
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