With home price appreciation on the rise, higher property taxes have pushed foreclosures up in Virginia, Georgia, and New York.
Read More »Biden Nominates Acting Director Thompson to Head FHFA
President Joseph R. Biden has nominated Sandra L. Thompson to the serve as the Director of the Federal Housing Finance Agency (FHFA). Thompson has been serving as the Acting Director since June 2021. “Thompson has over four decades of government experience in financial regulation, risk management, and consumer protection,” said ...
Read More »Biden Grants Disaster Assistance for Kentucky Tornado Survivors
A disaster assistance declaration has been issued by President Biden to Kentucky counties hit by recent twisters.
Read More »Title Insurance Volume Sees Record High Increase
Q3 operating income totals for the title industry hit all-time highs, up more than 50% in 2021.
Read More »The Exchange: Janet Loriot, EVP, The Financial Institution Group, SWBC
Loriot recently sat down with DS News to discuss how the servicing industry has changed over the past 18 months and what lies ahead on the other side.
Read More »CFPB Examines Servicer Practices in Latest Report
The pandemic brought with it a surge of forbearances, as the CFPB cracked down on servicer regulation as many of the nation’s homeowners struggled.
Read More »The Typical Home Sold For $400K This Year
The housing market in 2021 was nothing short of remarkable as it seemingly could not be stopped from rising; even the low points of the year were record breaking. As the economy restarted and began to shake off the pandemic cobwebs, people's habits began to change. Due to ...
Read More »Active Forbearance Numbers Continue to Fall
Mortgages that are in active forbearance plans continue to fall in December, led by portfolio held and privately securitized loans. According to Black Knight’s McDash Flash daily mortgage performance dataset, which covers more than 197 million home loans and home equity data on more than 27 ...
Read More »Cloud-Based Solutions Lead the Way
Jennifer Henry of Equifax explains how cloud computing allows the mortgage ecosystem to exist in a more holistic and less segmented environment, providing a seamless digital experience.
Read More »Homeowners Gain $3.2T in Equity
Mortgage holders have seen the highest rate of equity growth in 45 years, equaling roughly $56,700 per property.
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