New commentary from DBRS Morningstar highlights how the company looks at banks’ management of climate-related risks—in particular, from a credit perspective.
Read More »2024’s Top 10 Issues Affecting Real Estate
Headwinds such as the adoption of AI, global economic and political health, and the impact of remote work and vacant office spaces top a new study of the primary issues affecting real estate.
Read More »Potential Homebuyers Enlist Family to Help Curb Housing Affordability Costs
A new survey from Realtor.com revealed that an estimated one-third of prospective homebuyers have moved in with parents or other family members, in hopes of saving money to purchase a home this year.
Read More »Trade Groups Call Upon Fed to Curb Rate Hikes
The MBA, NAR, and NAHB have sent a letter to the Board of Governors of the Federal Reserve about the industry’s concerns over negative market impacts stemming from the Fed’s monetary policy actions.
Read More »PhoenixTeam: In the Arena
MortgagePoint explores how a minority, women-owned small business stays on the front lines of ever-changing mortgage tech. Get to know PhoenixTeam in MortgagePoint’s October cover story by clicking through.
Read More »Tectonic Shifts in Industry Demographics Are Coming
According to a new First American Financial Company blog post, millennials are poised to surpass boomers as the largest generation and will be the major purchasers of their homes. Here’s what that will mean for the industry.
Read More »Consumer Housing Sentiment Further Dampened by Elevated Mortgage Rates
Consumers nationwide are citing elevated mortgage rates rather than home prices as their primary challenge in reaching affordability, as rates above 7% continue to dampen the overall housing market sentiment, according to Fannie Mae's latest Home Purchase Sentiment Index.
Read More »Overcoming Communication Hurdles in the Default Servicing Space
When it comes to wading through a sea of industry jargon, there is no larger ocean to navigate than the default servicing industry, and an upcoming webinar hosted by Legal League will help assist in improving the communication gap between attorneys and servicers.
Read More »Appellate Court Allows Lender to Foreclose Over Disputed Mortgage Payments
William Scott Leaman, an Attorney with the team at Diaz Anselmo & Associates, examines an Ohio Appellate Court ruling where a judgment of foreclosure was granted in favor of a lender, despite the borrower claiming they were not in default as their payments were wrongly rejected by the lender.
Read More »Is Operational Efficiency the Key to AI Adoption?
A variety of lenders were surveyed for a new Fannie Mae study, which found that lenders cited operational efficiency as the primary motivation for AI and machine learning adoption.
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