The Comptroller of the Currency said further delays would “prevent these valuable resources” from reaching distressed areas.
Read More »Don Layton on Pandemic Challenges to Mortgage Servicing
In an editorial, the former CEO of Freddie Mac examines the strain the pandemic is putting on the mortgage industry, and what may need to change to ensure sustainability going forward.
Read More »The Week Ahead: Economic Update From the Fed
Get updates on housing activity and economic conditions across the country. Also, this week's DS5: Inside the Industry episodes include insights from ACC Mortgage, FHFA, Planet Home Lending, and more.
Read More »Maintaining REO Business During a Pandemic
The Federation of REO Certified Experts, Five Star Global’s agent/broker organization, recently held virtual regional Townhall Meetings to discuss the impact of COVID-19 on residential real estate listings.
Read More »Unemployment Hits Housing Industry
As insured unemployment hits record levels, Redfin has announced that it will cut 7% of its staff due to decreased housing demand amid the COVID-19 crisis.
Read More »Mortgage Industry Braces for Spike in Delinquencies
A new report says that 4.31% of Ginnie Mae loans are in forbearance and that could increase to more than 10%.
Read More »House Financial Services Committee Chair Calls for CRA Changes
In a letter to the OCC and the FDIC, Congresswoman Maxine Waters suggests suspending efforts to revise the Community Reinvestment Act and any "unrelated rulemakings."
Read More »Property Taxes Increased to Over $306.4B
According to a new report, the nationwide increase was the smallest in the last three years.
Read More »DS5: How Technology and the Fed are Assisting Servicers
In this episode of DS5: Inside the Industry, hear from Robert Caruso, Chief Executive Officer of ServiceMac, and Allen Price, SVP and Head of Sales for BSI Financial.
Read More »Analyzing California’s Response to Wildfire Insurance
A new report outlined what regulators and homeowners insurance providers need to know in the aftermath of California’s devastating wildfires.
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