For anyone hoping for insights straight from the Presidents of the nation’s Federal Reserve Banks, this is a good week to clear your calendar. Fed Presidents from nearly a half dozen different Federal Reserve Banks are delivering speeches or participating ...
Read More »On the Radar: Legal Experts on the Cases Shaping the Industry
With thousands of cases unfolding across the country, keeping track of the ones that most impact your business can be a full-time job. Knowing what’s happening in the legal sphere as it pertains to your industry can be crucial, and ...
Read More »Exploring Tax Reform’s Impact on Housing Assistance
As housing policies are on the fast track to change, one research report delves into data to address its concerns about the new tax bill. However, perspectives of the policies’ impact on the economy are diverse.
Read More »The Industry Pulse
Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries. Freddie Mac has announced an expansion of its Agency Credit Insurance Structure (ACIS) program with ACIS Forward Risk Mitigation ...
Read More »Puerto Rico Evacuees Exacerbating Florida Housing Crisis
Update: This story has been updated to note FEMA's extension of the TSA program for Puerto Rico evacuees. Over three months after Hurricane Maria made landfall on the island of Puerto Rico, half of the island’s 3.4 million citizens are ...
Read More »FHA Reverse Mortgage MBS Issuances Surged in Q4 2017
NewView Advisors, LLC, a financial services firm based in New York, has released a new look at the state of HECM mortgage-backed securities for 2017. HECM is the Federal Housing Administration’s (FHA) Home Equity Conversion Mortgage reverse mortgage program, which ...
Read More »Single-Family Rental Lease Retention Strengthens as Rents Rise
The latest single-family rental research from Morningstar Credit Ratings, LLC shows the rental market following familiar trends in the closing months of 2017, with more renters choosing to renew their expiring leases and delinquency rates holding steady. Morningstar’s Single-Family Rental ...
Read More »Rental Property Management: Beware of Fraud
A recent report finds that identity fraud in the rental property market is a challenging problem impacting not only identity theft victims, but anyone who unintentionally accepts falsified identity information.
Read More »PHH Moves Forward With Updated Servicing Standards
In a statement released Wednesday, PHH said they will implement new servicing standards as part of a settlement with a multi-state group of state attorneys general, as well as following a “testing and reporting process to ensure compliance with the ...
Read More »Average Credit Scores for Potential Homebuyers Dip
The credit score for all borrowers dipped to 722 in November 2017 from 728 in November 2016, according to a report released by Ellie Mae, a cloud-based platform provider for the mortgage finance industry, on Wednesday. The report, which also ...
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