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Texas Supreme Court Throws the Industry a Lifeline

Editor's note: This article appears in the April 2021 edition of DS News magazine, available here.  In an enormous victory for lenders and servicers, on January 29, 2021, the Texas Supreme Court affirmed the voiding of a lender’s lien due ...

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Despite Federal Actions, Q1 Foreclosures Rise

An analysis of Q1 foreclosures by ATTOM Data Solutions has found that there were a total of 33,699 U.S. properties with foreclosure filings—default notices, scheduled auctions, or bank repossessions—during the first quarter of 2021, up 9% from the previous quarter, ...

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Lipscomb to Lead Compliance Efforts at Homepoint

Ann Arbor, Michigan-based Homepoint has appointed Noelle Lipscomb as the company's Chief Audit Executive, where she will lead risk-based internal auditing functions, overseeing the review, monitoring and evaluation of the company's financial, operational and compliance internal controls. Lipscomb brings more ...

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Continued Demand Drives Prices to Record Levels

Redfin reports that in the month of March 2020, the national median home-sale price hit a record high of $353,000, up 17% from 2020, and a record high rate of growth. Regionally, median sale prices increased from over 2020 in ...

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To What Extent Have Homeowners Prepared for Disaster?

Many American homeowners believe that an increase in natural disasters including wildfires, storms, extreme temperatures, and/or rising sea levels—warrant serious concern related to home values. Economists say such concern is warranted. “Climate change is posing an increasingly large risk to ...

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