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Q3 2021 Report: Examining Mortgage Trends

Mortgage lending has dropped in the second and third quarters of 2021, with finance mortgages dropping 13% and purchase loans off 2% for the first time this century. According to ATTOM's Q3 2021 U.S. Residential Property Mortgage Origination Report, 3.59 ...

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The Week Ahead: Where the Industry Is Headed in 2022

In next week's "Reflections and Projections" webinar, Rick Sharga and Ed Delgado will look back on 2021 and discuss how the industry must conform to changes in compliance, the marketplace, and the needs of customers to properly prepare for the coming year.

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Court Decision Vacated Over Debt Collection Practices

Multiple courts throughout the United States are addressing claims brought against debt collectors for alleged violations of § 1692c(b) of the Fair Debt Collections Practices Act (“FDCPA” or the “Act”) and reaching conflicting conclusions. The Eleventh Circuit granted rehearing and issued ...

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Inventory Finds New Low in November

If you thought the housing supply hit rock bottom in February, you thought wrong. According to a new report from Redfin, the number of homes available for sale fell by another 38,000 units finding a new low by the end of November suggesting more hardships for burnt-out ...

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Loan Limits Increased to Keep Up with Appreciation

Due to the drastic increase in real estate prices over the last year, the Federal Housing Administration (FHA) has announced new loan limits for 2022 for its Single Family Title II forward and Home Equity Conversion Mortgage insurance programs.  The agency is statutorily mandated by the ...

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House-Buying Power Exceeds Median Home Prices in Most Markets

First American Financial Corporation has released its latest iteration of their Real House Price Index (RHPI) for September which measures the price changes of single-family properties across national, state, and metropolitan areas, which are adjusted based on income, interest rates, and home-buying power. The ultimate goal of this is to provide ...

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Charting a Course

As we approach the dawn of 2022, DS News spoke with industry experts about the challenges and opportunities mortgage servicing faces in a post-pandemic environment.

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Natural Disasters are Pushing Up Insurance Rates

Natural disasters occurred in every state over the course of 2020 in the tunes of thousands of these events sprinkled across the states. While one would expect California or Florida to lead in the amount of natural disasters that occur every year, though in reality the states with the highest ...

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