Attorney Michelle Garcia Gilbert discusses how technology is simplifying mortgage and servicing processes while also improving the customer experience.
Read More »FHA & CFPB Urged to Create Additional Reverse Mortgage Protections
The Federal Housing Agency and the Consumer Financial Protection Bureau have been called on to fix servicing problems and create additional protection for the 480,000 outstanding reverse mortgages in the country.
Read More »Home Price Growth Dips
Home price growth fell from November according to the CoreLogic Home Price Index, and expert projections indicate another decline in January.
Read More »Affordability Remains Chief Consumer Concern
With both home prices and interest rates remaining relatively high, consumer sentiment is being suppressed by these purchase conditions.
Read More »A Review of Contested Foreclosure Appeals in Pennsylvania
As we move through Q1 2023, attorney and Legal League Chair Stephen M. Hladik provides an outlook as to what issues are likely to make their way to the appellate courts in 2023.
Read More »CFPB Takes Action to Protect Borrowers From Mortgage Comparison-Shopping Platforms
CFPB issues new guidance on RESPA violations, designed to keep consumers from being steered to lenders via pay-to-play tactics rather than providing shoppers with comprehensive and objective information.
Read More »Bankruptcies Up Nearly 20% YoY
“While still below pre-pandemic totals, bankruptcy filings continue to increase amid growing debt loads due to inflationary pressures and reduced availability of low-cost financing,” said ABI Executive Director Amy Quackenboss.
Read More »Ginnie Mae Extends Covid Relief Policies
Two new announcements address the lingering effects of the pandemic on Ginnie Mae Issuer operations.
Read More »2022 Named Busiest Moving Year Over the Last Decade
For the first time in a decade, moving volume has grown year-over-year nationwide, as a new report finds an estimated 4% more people moved during 2022 compared to 2021.
Read More »Rising Home Prices Flatline
“As we predicted in December, the beginning of 2023 is proving to show slow market activity, as both net new listings and contract volumes are sitting at multi-year lows,” said Jermey Sicklick, Co-Founder and CEO of HouseCanary.
Read More »