As the housing market continues to adapt to unprecedented demand as digitization becomes the norm, 81% of borrowers still prefer an in-person closing over a digital one. This data comes from Solidifi U.S. Inc. (Solidifi), a network management services provider for the residential lending industry, who surveyed over 1,000 borrowers who refinanced ...
Read More »The Servicer’s Guide to Mortgage Blockchain Disruption
Sagent’s Dan Sogorka looks at modernizing servicing technology and plotting out a new infrastructure to keep ahead of where consumer finance and capital markets are headed (Sponsored Content).
Read More »Active Forbearance Numbers Continue To Drop
As the market expected, the number of active forbearance cases significantly decreased for the second week in a row as the first wave of final plan expirations continues. According to Black Knight’s McDash Flash daily forebarance tracking dataset, active plans fell by another 10%, for an overall reduction of 143,000 since ...
Read More »Where Fannie Mae Thinks the Market Is Headed
In its latest forecast, the GSE predicts a short-term tightening of the Federal Reserve’s policies and an interest rate hike in late 2022.
Read More »Mortgage Payments Outpace Rents for Eighth Consecutive Month
Redfin reports that while the average rent payment was up 11% in September. Mortgage payments for new homebuyers kept pace, rising 15%.
Read More »The Week Ahead: Private Equity and the Housing Market
A Senate Committee will examine a panel of experts on the repercussions of the rise in private equity money in the housing market from Wall Street firms. Here’s what else is happening in The Week Ahead.
Read More »Voices of the Five Star Conference
Subject-matter experts who attended this year’s Five Star Conference break down the trends and challenges they are facing as we approach 2022.
Read More »Foreclosures Tick Up After Moratorium Ends
The first bits of foreclosure data are starting to come through after the federal government’s foreclosure moratorium expired July 31 and the numbers are not as bad as some experts were predicting at the start of the moratorium. ATTOM, a real-estate data company, released its Q3 2021 U.S. Foreclosure ...
Read More »California Court Revisits Homeowner’s Bill of Rights
DS News digs deeper into a recent California Court of Appeals finding could give loan servicers the ability to “clean up” any violations before going to sale.
Read More »Who Is Squeezing Millennials Out of the Market?
Younger buyers are comprising a smaller share of the market than in previous years, as first-time home shoppers are being ousted by demand from repeat baby boomer buyers.
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