The House passed two bipartisan bills that are aimed at increasing accountability for both, banks and nonbanks.
Read More »HUD & DOJ Partner Against Sexual Harassment in Housing
The Department of Housing and Urban Development on Thursday announced a new series of initiatives designed to crack down on sexual harassment across the housing landscape, working in partnership with the Department of Justice (DOJ). This new push will encompass ...
Read More »The Industry Pulse: Updates on US Bank, Mr. Cooper, and More
Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries. Fannie Mae has awarded U.S. Bank Home Mortgage with 2017 Servicer Total Achievement and Rewards (STAR) recognition in two categories: General ...
Read More »How Does Homebuying Power Stack Up Across Ethnicity?
For a new report, Zillow calculated buying power among major ethnic and racial groups to see what percentage of each group could afford a median-priced home on the median salary for their group without spending more than 30 percent of ...
Read More »Homebuyers Growing More Diverse in the Lone Star State
Diversity and prices paid for homes in Texas are on the way up, according to the Texas Homebuyers and Sellers Report released Wednesday by the Texas Association of Realtors. The report found that the percentage of homebuyers who identified as African-American was ...
Read More »Fintech and the Mortgage Servicing Lifecycle
Almost every investment, including mortgage servicing and asset management, can be optimized by using fintech effectively.
Read More »Pinpointing the Hottest Housing Markets
The latest ProTeck Housing Market Report shows West Coast markets booming, which should come as no surprise. However, the only East Coast metro to make the list might not be what you’d expect. According to ProTeck’s report, the Portland-South Portland, ...
Read More »Mulvaney: ‘The Bureau Is Not Designed to be Accountable’
During his testimony before the Financial Services Committee, Mick Mulvaney, CFPB’s Acting Director spoke on the bureau’s strategic priorities and a “New Approach” towards bringing more responsibility and accountability to the consumer watchdog.
Read More »Fitch Examines Top Servicers
According to the latest installment of Fitch’s U.S. RMBS servicer handbook, the American servicing landscape is undergoing significant shifts, much of it driven by merger and acquisition activity among servicers such as Mr. Cooper and Ocwen. 'Strategic positioning and M&A ...
Read More »Assessing the State of the Market
Is the foreclosure crisis finally over? While many numbers point to a decline in delinquencies, the market might need to brace for a slight increase by early 2020 according to a report on the state of the U.S. housing market.
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