Featured

According to S&P Global, a sudden economic reversal will likely result in a surge in defaults in the coming months.

According to new data, despite the slight uptick, the South still leads in overall deliqnuency levels.

The Federal Open Market Committee said Monday that it would purchase mortgage-backed securities “in the amounts needed” to support the economy.

In addition, the bank will also be supporting its employees through a $10 million donation to its WE Care Fund.

Sagent Lending Technologies has appointed Dan Sogorka CEO and President, replacing Bret Leech who will become Executive Chairman and Board Member.

According to the Eleventh Circuit Court of Appeals, as a loan originator was collecting its own debt and not the debt of others, it did not qualify as a debt collector.

In an article, the inaugural CFPB Director defended the Bureau’s position, defending the law protecting the Director from being fired by the President without cause

To address concerns and to introduce ways to mitigate the unintended consequences of announced foreclosure moratoriums, the National Mortgage Servicing Association announced a proposal to ensure that the up to $100 billion in liquidity necessary to provide payment relief for up to 12 million Ginnie Mae homeowners is secured.

FHFA Director Mark Calabria clarified that homeowners seeking forbearance will not see a negative impact to their credit scores.

While the rental market propped up by low-end rentals, the size homes are getting smaller.