In a recent three-day online discussion, industry experts deliberated on the question “Are mortgage servicing costs, complexities, and risks impeding lending?” See what they had to say.
Read More »Lost in Translation
Transfer of service can be a tricky process, but one consulting firm may have a remedy to an industry maladie.
Read More »The Customer is Key
The housing crisis impacted the reputation of the mortgage servicing industry in the eyes of the public. But as the years went by, the industry had slowly rehabilitated its image. Despite the hard won gains, however, the J.D. Power 2017 ...
Read More »Freddie Mac: Bright Future Ahead
Freddie Mac remains optimistic at the future of the housing market, despite factors that otherwise point the other way. . .
Read More »Two Peas in a Pod
The U.S. Senate Committee on Banking, Housing, and Urban Affairs rolled out another confirmation hearing Thursday morning for two roles in the financial sector: Joseph Otting, who was nominated for Comptroller of the Currency; and the Honorable Randal Quarles was nominated to be a Member of the Board of Governors of the Federal Reserve System and Vice Chairman for the Supervision of the Board of Governors.
Read More »Overspending After Closing
Buying a home is an exciting time for most homebuyers, but could current trends point to irresponsible spending? And might that get borrowers in trouble down the line?
Read More »More Rules for HUD
The Office of the Inspector General has recently audited a HUD single-family note sales program. Read on to see where the program was lacking and the office’s recommendation.
Read More »RMBS: Housing Market Solid, But For How Long?
Foreclosures are down to a fifth of 2010’s numbers, but a few markets in the U.S. have shown signs of unsustainable over-evaluations. Take a look at what Grant Bailey, Head of Fitch North America RMBS Rating Group has to say about RMBS in the Video Spotlight.
Read More »Rates Go Down, but Things Are Looking Up
Fannie Mae and Freddie Mac backed mortgages are hitting a 15-year high, according to a recent report. However, this is one of the few rates that increased—and that’s a good thing.
Read More »Marketing to Millennials: a Personal Touch in a Digital World
Millennials are part of an increasing market share in the mortgage housing industry, and companies should be forward thinking in their plan to include them. Read on to find some of the best practices to make them comfortable in a foreign landscape.
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