Mortgage loan subservicer adds veterans Adam Saab, Adam Wood, Jason Schmidt, and Jessica Sharp to bolster its default management operations.
Read More »Home Insurance Prices Up Across the Board, Rising Faster than Inflation
Based on a Policygenius study of 8,698 active home insurance policies quoted for renewal between May 2021 and May 2022, home insurance prices are rising at a faster rate than inflation, as costs are up nationwide since last year. According ...
Read More »Unexpected Lessons Learned From COVID-19 Data
The pandemic certainly tested the housing industry, but as Alex Kudman and Srijan Sareen of Enact Mortgage Insurance explain, the data collected provided what was needed to make the correct decisions to better serve borrowers undergoing hardships.
Read More »Most Metro Areas Post Double-Digit Q2 Price Gains
Despite market influences that are pushing up mortgage rates and slumping home sales numbers during the second quarter of 2022, most metropolitan areas still saw double-digit annual price gains compared to the previous quarter. This new information comes by way ...
Read More »Cissy Yang to Join Fannie Mae as Chief Audit Executive
Twenty-five-plus-year audit executive to join GSE to monitor key risks assessments, and replace the retiring J. Douglas Watt, Fannie Mae's current SVP and Chief Audit Executive.
Read More »‘Stale’ Housing Inventory Rises in July
The share of U.S. homes that were listed for 30 days or longer without going under contract increased 12.5% in July from a year earlier, according to a new report from Redfin. the technology-powered real estate brokerage. In other words, ...
Read More »Cenlar Appoints Dave Applegate as Chairman of the Board of Directors
Cenlar FSB announced that Dave Applegate has been appointed Chairman of the Board of Directors. In addition, Executive VP and Chief Operating Officer Robert “Rob” Lux has been named co-CEO along with D. James “Jim” Daras, who will also serve ...
Read More »Fixer-Uppers Remain Viable Option for Cash-Strapped Buyers
Buying a fixer-upper remains a viable option for many buyers trying to stretch their dollar in the current environment of still-rising home prices, bidding wars, low inventory and rising interest rates. While these properties do require buyers to put in ...
Read More »GSEs to Require Servicers to Obtain Fair Lending Data
In a move to assist borrowers in times of distress, the FHFA will require mortgage servicers to obtain fair lending data on borrowers to better understand their needs throughout the life of the loan.
Read More »The MSR Market Is Soaring, But Challenges Await
Buyers in the MSR market are finding great deals at this time, but these rewards may come with great risk as Allen Price of BSI Financial Services explains.
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