As home prices continue to reach new highs, the amount of equity homeowners gained in one quarter was more than $3 trillion.
Read More »Planet Home Lending Hires New Talent to Expand Market Share
Planet Home Lending, LLC, a national mortgage lender and servicer, has hired Kathryn Edelen as Regional VP of Sales. A proven team builder, Edelen brings more than three decades of experience to help Planet grow its national footprint. "Kathryn has ...
Read More »Insurance Fraud Caused Up to $9B in Additional Claims Last Year
According to a new report from the National Insurance Crime Bureau (NICB), fraudulent claims cost insurers between $4.6-9.2 billion in extra disaster claims in 2021, a cost that is eventually passed down to consumers by way of insurance premiums. In ...
Read More »Bubble? No Bubble? Economists Weigh In
As the market continues to hit record marks nearly unabated over the last few months, the topic of bubbles is being brought up around watercoolers and coffee machines across the country. But still, on the local level, properties are being ...
Read More »Total Bankruptcies Down 10% YoY
Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its May 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings decreased by 3.74% last month representing 31,314 cases 32,508 filings of ...
Read More »Breaking Down Local Impacts of a Home Sale
The foundation of wealth-building throughout the country for the masses remains firmly entrenched in real estate. A first-class asset, real estate now represents 17% of the country’s GDP and represents a major driver of the economy as a whole. Asking ...
Read More »Alternative Credit Scoring Models Matter
Competition ensures a healthy and productive market. Credit scores are no exception. A new study commissioned by VantageScore Solutions, a consortium of the three credit bureaus (Equifax, Experian, and TransUnion), found that institutional investors with exposure to asset-backed securities (ABS) ...
Read More »Title Insurance Market Experiences Double-Digit Growth
Reverberations and repercussions from the pandemic continue to move through the real estate market. The latest news of such comes from American Land Title Association (ALTA) who found that, driven by meteoric rise in originations and home values last year, ...
Read More »Redfin Reports Buyers Are Finding More Power
Homebuyers are beginning to take back the wheel from homesellers, who have mostly prevailed over the last two years. Redfin reports that more sellers are dropping the price of their homes amid rising interest rates and growing affordability concerns.
Read More »Sagent Partners With Consolidated Analytics
Sagent, a fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, today announced a partnership with Consolidated Analytics to automate valuation services for default servicing through an integration into TEMPO, Sagent’s default management platform. The ...
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