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Daily Dose

Driving Innovation in Valuations & Vendor Management

handshake, hiring

California-based US Real Estate Services, Inc. (USRES), provider of default management and portfolio services, announced today that Garrett Mays has been promoted to VP of Valuations and Vendor Management. Mays oversees the daily operations of the valuation department and manages ...

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Updates on Statewide Foreclosure and Eviction Moratoria

The COVID-19 pandemic has been the impetus for federal foreclosure prevention measures. Many states also have taken their own measures. The legal-news site JDSupra has provided a summary of the most-recent statewide foreclosure and eviction moratoria updates. Its updates specifically ...

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Should CFPB Reorganize ‘Just Weeks Before an Election’?

GSE loans

U.S. Sen. Sherrod Brown (D-Ohio), the ranking member of the Senate Committee on Banking, Housing, and Urban Affairs, has called on Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger to delay the proposed reorganization of the agency’s Division of Supervision, ...

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FHFA Strategy Focuses on Post-Conservatorship Years

The Federal Housing Finance Agency (FHFA) has released an updated strategic plan that envisioned a path for ending the conservatorships of Fannie Mae and Freddie Mac that have been in place since September 2008. According to a statement issued by ...

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Why Are Americans Putting Off Selling Their Homes?

The competition among homebuyers is intense and home prices have been soaring in recent months. The cause of this heated competition and rising prices is the short supply of homes for sale. This lack of inventory has been prevalent across ...

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Fintech Vs. Traditional Lending Risks

Fintech reportedly is allowing lenders to close on mortgage loans faster than in the past, and, especially as the market shifts increasingly digital, all signs point to its growth in mortgage lending. Researchers have found fintech lenders tend to take ...

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