A Chase mortgage survey found that homeowners are struggling with a fear of missing out on other opportunities and are beginning to search for homes on digital platforms.
Read More »The Impact of HAMP on GSE-Backed Loans
With HAMP set to expire at the end of this year, how much of an effect has the program had on GSE-backed loans?
Read More »The Markets Where Homes are Most Valuable May Surprise You
Pro Teck highlighted 10 CBSAs for their growth in home sales prices year-over-year. Five areas saw enough improvement in their prices to receive “strong” ratings, with one considered “good” and four others “soft.”
Read More »New Investors, Here is What You Need to Know About the SFR Market
DS News recently talked with Fiona Simmonds of B2R Finance and Mike Ryan with RE/MAX about opportunities for new investors in the single-family rental space, what they need to know, and the role technology plays in the transition.
Read More »CFPB Offers Lenders a Helping Hand
Since the initial implementation of these rules, the CFPB has made several moves to expand the definitions of “small creditor” and “rural area,” but before the HELP Act, smaller lenders were only eligible for special provisions if more than half its loans were in rural or underserved areas.
Read More »Deciphering TRID Through Communication
Customer satisfaction regarding TRID has risen among borrowers—coinciding extremely closely to the rise in the number of borrowers who reported they’d been contacted (as per TRID guidelines) by their lenders before closing.
Read More »Lawmakers to HUD and FHFA: Don’t Change Delinquent Loan Sales Programs
Hensarling and Shelby said campaigns that criticize the open and competitive NPL sales process are “based on a false notion that doing so is somehow contrary to the goal of ‘neighborhood stabilization.’”
Read More »House Approves Bill Extending Foreclosure Grace Period for Service Members
Having passed unanimously in the Senate in December, the bill now needs only the president's signature to become law.
Read More »FHFA to Get Off the Fence on Principal Relief
FHFA has been considering the possibility of offering principal reduction to underwater homeowners since long before Mel Watt became Director of the Agency two years ago. Why have they taken so long to make a decision?
Read More »Is Bank of America’s New Mortgage Program a Substitute for FHA Lending?
Bank of America's Affordable Loan Solution program provides an alternative for low-income borrower but despite being an innovative solution to market demand, industry analysts feel it does not provide enough competition to substitute the FHA completely.
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