The latest report from Redfin shows that home sale prices in March were still on the way up—they were 9 percent higher than a year ago, closing the month at a median $297,000 nationally. But homes for sale were down ...
Read More »Ocwen’s Ron Faris Announces Retirement, Glen Messina to Succeed
Ocwen Financial Corporation, a leading financial services holding company, announced on Thursday that President and CEO Ron Faris is retiring after 27 years with the company. Faris will remain President and CEO through June 30, 2018 and will remain a consultant ...
Read More »Foreclosure Starts on the Rise
More late stage delinquencies became foreclosures in March, find out why, here.
Read More »The Industry Pulse: Updates on Altisource, DCHFA, Guild Mortgage, and More …
From Rewards and recognition to new appointments and initiatives get your buzz on the industry's latest news in this weekly update.
Read More »Senate Addresses Robocalls: What Mortgage Servicers Need to Know
At a Senate Hearing Wednesday, witnesses explained how the industry and government were working together to clarify the challenge of unsolicited robocalls.
Read More »Putting Abandoned Properties Under the Spotlight
Ever since the Washington Supreme Court’s decision in the Jordan v. NationStar case, loan servicers have been on edge about securing abandoned property. House Bill 2057 seeks to address this, and several other pressing issues. Most of the bill's sections ...
Read More »Are California Homeowners on Shaky Ground?
There’ve been rumblings for years about parts of California that sit along the infamous Hayward fault. A new report parsed the potential damage to homes and insured losses if a major quake were to occur and here’s what it found.
Read More »A New Tactic to Fight Zombie Homes
This June, Washington state will implement a new law (HB2057) designed to combat abandoned zombie properties and streamline interactions between government and lenders when it comes to preventing urban blight as the properties fall into disrepair. As reported by the ...
Read More »For U.S. Housing, When Will Familiar Trends Shift?
The one thing steady about the U.S. housing market post-Q1 is that it continues to be defined by a dynamic that almost sounds like it's stuck on repeat: historically low inventory is driving fewer sales and rising prices in most ...
Read More »Meeting the Challenges of Inventory Shortage
A new study analyzed the current problem of low housing supply and what could be done to alleviate it. Here’s what they found.
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